Archive for 'Pipeline'

Turcas Petrol considers Turkey-Israel pipeline

Turkish energy company Turcas Petrol has announced that it is considering building a 500 km pipeline to transport natural gas from Israel’s Leviathan field to Turkey. The Leviathan natural gas field was discovered in December 2010 and is located off the coast of Israel in the eastern Mediterranean Sea. Turcas is currently in talks with Enerjisa, owned by Turkey’s Sabanci Holding and Germany

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Russia, China Report Gas Deal All But Final

Russian President Vladimir Putin will be in Shanghai on May 20 and 21 to sign a long-term deal to sell gas to China. Under the deal, Russia

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Gazprom: All South Stream offshore contracts signed

More than 150,000 sections of pipeline ordered for South Stream. Russian energy company Gazprom said all contracts for the construction of the South Stream gas pipeline’s offshore section have been signed. Gazprom touts South Stream — which would stretch about 575 miles long offshore and more than 900 miles through the territory of southern European countries — as an option to ensure European gas supplies are stable. Ukraine hosts the bulk of Russian gas supplies for Europe, exposing ...

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Canada

Ottawa is giving the National Energy Board power to take control of oil-spill cleanups and says pipeline companies must set aside $1-billion to cover costs of a major rupture regardless of fault. Natural Resources Minister Greg Rickford on Wednesday unveiled new safety measures in Vancouver, as the federal government nears a decision on Northern Gateway, the contentious Enbridge Inc. pipeline that would connect Alberta

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China-Russia Energy Alliance Deepens: Massive Pipeline Agreement Expected When Putin Visits Beijing Next Week

China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world’s largest energy producer and provide a guaranteed energy supply for China’s growing economy as both nations face confrontations with the West. The deal, which the two countries negotiated over the last decade, is expected to be signed when Russian President Vladimir Putin visits ...

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Assessment board begins deliberating trans-Alaska pipeline value

Closing arguments have ended in a four-day hearing over the value of the trans-Alaska oil pipeline, with the State of Alaska, major oil producers and local governments locking horns in a proceeding that included discussion of how much oil remains to be pumped off the North Slope. It’s not as much as many people hope, according to a state attorney. Early Thursday, the State Assessment Review Board that considers appeals of state assessments began deliberating, a process closed ...

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Gas pipeline meant to break Russia’s grip on EU looking for contractors

The consortium managing the planned Trans-Adriatic pipeline said it was seeking contractors for the onshore section planned through Greece and Albania. TAP construction through Greece and Albania is scheduled for 2016. Companies wishing to land a construction contract need to submit their bids to the consortium no later than May 26. « This is one of the largest contracts that TAP plans to award, » TAP Procurement Director Knut Steinar Kvindesland said in a statement Monday. « The selection of potential ...

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Mexico Announces Plans for 5 New Natural Gas Pipelines

Mexican authorities said on Tuesday they would hold auctions in the near future for five new natural gas pipelines, which are to be built at a cost of $2.25 billion. The CEO of Comision Federal de Electricidad (CFE), Enrique Ochoa, said in a statement that the state-owned electric utility and the Energy Secretariat would provide details on the bidding processes in the coming days. Ochoa said at an energy and gas forum at the CFE

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