Archive for 'Pipeline'

Feb 14, 2013 Our cooperation with the Shah Deniz II Consortium is ongoing, transparent and very successful. In January we signed a Cooperation Agreement and an Equity Option and Funding Agreement with the Shah Deniz partners. The latter also lays out the principles under which the Equity Option will be exercised, i.e. the Shah Deniz partners will become partners in Nabucco. The Cooperation Agreement in particular emphasizes alignment of project schedules between the Shah Deniz Consortium and ...

Feb 13, 2013 Turkish Prime Minister Tayyip Erdogan said Wednesday that construction of the Trans-Anatolian natural gas pipeline project (TANAP) could begin as early as this year. The Trans-Anatolian Pipeline will enhance Turkey’s position as a leader of energy security in Europe, Turkish Prime Minister Recep Tayyip Erdogan has said. Turkish interests have a 20% shareholding in the project, with the majority share held by SOCAR, Azerbaijan’s state oil and gas company. The 1,240-mile TANAP pipeline is ...

Feb 11, 2013 Iran, Iraq, and Syria are working together on a gas pipeline project that will transport gas from the South Pars Field in Assalouyeh, Iran to Damascus via Iraq. Fars Press Agency announced the 1,6000 kilometer pipeline

Jan 29, 2013 Gazprom said it will invest $16.9 billion expanding its pipelines to take gas to southeastern Europe via the South Stream link, piling further costs onto a project aimed at bypassing traditional transit countries Ukraine and Belarus. The investment in Russia’s domestic pipeline network, revealed in a document posted on Gazprom’s website, will bring the total cost of the project aimed at shipping 63 Bcm of gas under the Black Sea by 2018 to $3 8.4 billion. ...

Jan 21, 2013 Fluxys Belgium acquired Fluxys & Co from Distrigas in 2008. The company commercialized border-to-border transmission capacity in the Zeebrugge-Blaregnies (Troll) and Zeebrugge-Zelzate/Eynatten (VTN) pipelines. Fluxys & Co also held a 49% stake in the Norwegian partnership Patrederiet BW Gas Fluxys DA, which owns the LNG carrier BW GDF SUEZ Boston. After the acquisition, Fluxys Belgium integrated the transmission activities in the Troll and VTN pipelines into its own infrastructure portfolio. As a result, the stake in ...

Jan 15, 2013 RWE AG has announced the commissioning of the Gazelle gas pipeline, opening up the « new northern route » for the transportation of natural gas to western Europe. The official commissioning ceremony held in Primda, Czech Republic was attended by Czech Prime Minister Petr Necas, Anne Ruth Herkes, State Secretary of the Federal Ministry of the Economy and Technologies Federal Republic of Germany and Anatolij Borisovitch Janovskij, State Secretary at the Ministry for Energetics of the Russian ...

Jan 09, 2013 TransCanada Corporation announced that it has been selected by Progress Energy Canada, being the successor by amalgamation of PETRONAS Carigali Canada Ltd. and Progress Energy Resources Corp. to design, build, own and operate the proposed $5 billion Prince Rupert Gas Transmission project. This proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia (B.C.) to the recently-announced Pacific Northwest LNG export facility in Port Edward near ...