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Israel, Cyprus, Greece and Italy show political will for EastMed gas pipeline

Israel believes that further amounts of gas in the East Med are yet to be found and launched the 2nd offshore bid round last November.

There is political will from Israel, Cyprus, Greece and Italy to proceed with the construction of the EastMed natural gas pipeline, Israel’s Orit Ganor, Director of the Natural Gas International Trade, Ministry of Energy, told New Europe.

“The four countries support the promotion of the EastMed pipeline project,” she said on the sidelines of the Athens Energy ...

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Jemena awards Atlas pipeline facility construction contract to Valmec

Natural gas infrastructure operator Jemena has awarded a contract to Valmec for facility construction works at its Atlas gas pipeline project in South West Queensland, Australia.

Valmec will deliver the $22m contract on a turnkey basis. The company will begin the contract works immediately and expects to complete the project later this year.

The new contract builds on the relationship between Valmec and Jemena and comes after the recent completion of the Northern gas pipeline compression facility project in Mt Isa, Queensland. ...

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Petrobras to sale interest in TAG pipeline

Brazilian oil company Petrobras’ executive board has decided to resume the bidding process for a 90% interest in its Transportadora Associada de Gas (TAG) pipeline unit.

The sale will also include the company’s Araucaria fertiliser factory.

Petrobras will also continue to look for potential refining partnerships.

The company had been looking to divest its interest in the pipeline operator TAG. However, the sale process was suspended following an injunction issued by a Brazilian court.

A superior court overturned the injunction earlier this week. Based ...

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East Med countries agree to create regional gas market

The launch of the EMFG forum could boost the exploration, development and export of hydrocarbons from the East Mediterranean to Europe, increasing the EU’s energy security.

Eastern Mediterranean countries have agreed to create a regional gas market in an effort to transform their part of the Mediterranean into a major energy hub.

Egypt, Cyprus, Greece, Italy, Israel, Jordan, and the Palestinian Territories founded on January 14 a forum to ensure supply and demand, cut infrastructure costs and offer competitive prices.

The East Med ...

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India to invest $9.91bn to expand gas pipeline network

India to invest $9.91bn to expand gas pipeline network

The latest discoveries of hydrocarbons in the East Mediterranean can help Europe diversify its natural gas resources, Stathakis said, adding: “The Forum will advance the strategic dialogue and cooperation of all the countries in the region in order to reach that goal.”

The Indian Government is reportedly planning to make an initial investment of Rs700bn ($9.91bn) to extend the gas pipeline network across the country.

According to the Press Trust of India (PTI), Union ...

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Israel, Cyprus, Greece and Italy agree on East Med gas pipeline to Europe

Energy minister says deal could help moderate Arab influence in Europe; agreement reportedly reached after EU agreed to invest $100 million in a feasibility study

Greece, Italy, and Cyprus have reached an agreement with Israel to lay a pipeline connecting the Jewish state’s gas reserves to the three countries, in a major project estimated at costing over $7 billion that will supply gas from the eastern Mediterranean to Europe, as the continent seeks to diversify its energy supply.

According to Hadashot TV, ...

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US authority approves Atlantic Sunrise pipeline project

Williams has reported that the Federal Energy Regulatory Commission (FERC) has approved the Company’s request to place its Atlantic Sunrise project into full service. The Company plans to place the project into full service on 6 October 2018.

Backed by long-term shipper commitments, the historic project increases the design capacity of the Transco pipeline, the largest-volume natural gas pipeline system in the US, by 1.7 billion ft3/d (approximately 12%) to 15.8 billion ft3/d. In the process, the project further strengthens ...

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Bonatti will perform construction of Coastal GasLink pipeline project

TransCanada has announced that it will proceed with the construction of the Coastal Gaslink pipeline project after a decision to sanction the LNG Canada natural gas liquefaction facility near Kitimat, British Columbia (B.C.) was reached recently by the Joint Venture Participants of LNG Canada.

As recently announced, Bonatti – through its subsidiary Pacific Atlantic Pipeline Construction – is the selected contractor to perform the construction and testing of 2 out of 8 sections of the 670 km long 48 in. ...

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