News

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 ...

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

Persistent militant attacks on the crude export pipeline have left it out of action Iraq

Russia’s parliament has agreed to write off almost $10 billion of North Korea’s Soviet-era debt, in a deal expected to facilitate the building of a gas pipeline to South Korea across the reclusive state. Russia has written off debts to a number of impoverished Soviet-era allies, including Cuba. North Korea’s struggling communist economy is just 2 percent of the size of neighbouring South Korea’s. The State Duma lower house on Friday ratified a 2012 agreement to write off ...

Talks on the construction of the Russia to India oil pipeline project should conclude by mid-2014, officials from ONGC said. Thus, Russia is changing its energy export policy vector as strong demand for hydrocarbons, both in China and in India, one of the largest economies in the world, continues to grow. The benefits are obvious, including those in connection with India

Should Uganda and Kenya finally build a crude oil export pipeline, it will be the longest heated such facility in the world. According to a report released last month by Tullow Oil Plc, both countries have agreed to build the pipeline and have commenced a comprehensive study on the pipeline.