News

The Cabinet on Tuesday approved revival of two shut fertiliser plants in Uttar Pradesh and Bihar at an investment of up to Rs 12,000 crore and by making use of 2,000-km proposed gas pipeline from Jagdishpur to Haldia. The urea plants at Gorakhpur in Uttar Pradesh and Barauni in Bihar will get the feedstock gas through the Rs 10,000-crore Jagdishpur-Haldia pipeline that is being targeted for completion by 2019. Besides feeding the two urea plants, the pipeline would also ...

Australia’s largest natural gas infrastructure company, APA Group, is selling US$1.4 billion of senior debt notes to help fund the purchase of a major Queensland gas pipe. Gas pipeline giant APA Group has successfully arranged a massive US$3.7 billion of long-term debt finance over the last few days with the result that it will not be drawing down at all on the more expensive bridge financing put in place to fund its US$5 billion acquisition of BG Group’s gas ...

Talking to newsmen here at a local hotel after inaugurating a day-long international conference on

A group of private customers in Egypt have agreed to buy at least $1.2 billion of natural gas from Israel’s offshore Tamar field via an old pipeline built to send gas to Israel. The Tamar partners said on Wednesday they signed a seven-year deal with Dolphinus Holdings, a firm that represents non-governmental, industrial and commercial consumers in Egypt, that calls for a minimum 5 billion cubic meters (bcm) of gas to be sold in the first three years. One ...

The Trans-Anatolian gas pipeline (TANAP) aims to carry 16 billion cubic metres of gas a year by mid-2018. The 1,850 km pipeline will stretch from Turkey

UK

Russia’s Stroitransgaz said it will build a gas pipeline across Macedonia, which could eventually be used as part of a route to supply Europe with Russian gas via Turkey. Stroitransgaz is owned by Gennady Timchenko, an ally of President Vladimir Putin, who was among the first businessmen to be placed under sanctions by the United States in the Crimea crisis. A spokesman for Stroitransgaz said the sanctions would not hamper the project in Macedonia, which is not a member ...