News

Shell and Total join Iran-Oman gas pipeline talks

Representatives of Shell, Total, and Korea Gas Corp. (KOGAS) have met with Iranian and Omani officials to discuss potential cooperation in Iran

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Algeria and Italy sign a 10 billion per annum natural gas deal

Algeria has concluded a major gas deal with Italy, supplying 10 billion cubic meters of natural gas annually and thereby strengthening Italy’s (as well as the rest of the EU’s) security of supply. The gas will be shipped through the Transmed pipeline and will meet 16 percent of Italy’s natural gas requirements.

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Duet Group to build western australia’s biggest gas storage facility

Duet Group December 19 said its 100% subsidiary, DBP Development Group, will build the largest gas storage facility, Tubridgi gas storage facility, in Western Australia. The facility will utilise the depleted Tubridgi onshore gas reservoir, about 30 km from Onslow in the north west of Western Australia. It will be near the Chevron-operated Wheatstone and BHP-operated Macedon domestic gas production facilities and will be connected to compressor station 2 on the Dampier to Bunbury gas pipeline via existing gas ...

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Sinopec to sell 50% of its natural gas pipeline business for $3.3 billion

China Petroleum & Chemical Corp. is selling a 50 percent stake in a pipeline unit to investors including

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Libya

Libya reopened one of its biggest oil fields and is preparing for the

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Turkey and Israel hold a meeting for their pipeline project project

Turkey and Israel held their first working-level dialogue last month in Istanbul to discuss a proposed natural gas pipeline project between the two countries, according to Israeli diplomatic sources on Tuesday. Professional teams from Israel and Turkey began discussions on the technical details for building a natural gas pipeline from Israel to Turkey. Turkish and Israeli companies are discussing a possible gas pipeline to be built between Israel and Turkey in order to transport natural gas supplies to Europe from ...

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Peruvian Southern Gas Pipeline suffers another setback

US energy giant Sempra informed its partners in the Southern Gas Pipeline Project that it will not proceed with the purchase of shares of the Peruvian Odebrecht Group. Junior partners Grana y Montero of Peru and Spanish energy company Enagas SA are now left looking for alternatives. The Southern Gas Pipeline is part of a larger project to develop power generation and distribution in the country. Peru is the only sustainable source of natural gas in the South American Pacific ...

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Saudi bank to fund TAPI pipeline project

Saudi Arabia-based Islamic Development Bank (IDB) has agreed to provide a $500 million loan to finance part of the $15 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project. The IDB expressed interest in financing the project not just on Turkmenistan’s territory but also in Afghanistan and Pakistan. The TAPI Pipeline Company is also in talks with the Saudi Fund for Development and the Japanese government to invest in the 1,814km project that will transport gas from Turkmenistan’s Galkynysh fields to Fazilka ...

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