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Venezuela inaugurated a major pipeline to transport heavy crude from the prolific Orinoco oil belt in the north of the country to nearby processing facilities. The 25 km long pipeline consists of two lines, one 8 inch in diameter that will transport diluting agent to the Junin-5 field, and another 12 inch pipeline to transport diluted heavy oil to the facilities of state-owned oil company PDVSA for processing. This is the first pipeline from the Junin-5 field for ...

Ukraine Prime Minister Mykola Azarov has announced Ukraine

An affiliate of Houston-based NET Midstream LLC has received approval from the Federal Energy Regulatory Commission to build and run a pipeline delivering Eagle Ford Shale natural gas to Mexico. The company

Construction of a natural gas pipeline from Russia to South Korea is still possible despite obvious difficulties in its implementation and the development of new Russian LNG projects aimed at Asian exports, President Vladimir Putin said Tuesday. Russia is actively developing LNG projects, including in the northern Yamal Peninsula and in its Far Eastern regions, in the proximity to South Korea, but supplies of pipeline gas to this Asian country are also possible, Putin said in an interview with ...

With India expressing its willingness to export gas to Pakistan and the state-run GAIL India terming it as a feasible project, Pakistan has asked India to re-consider the high gas price it is asking while India has sought sovereign payment guarantees before entering into any contract. Officials in the Petroleum Ministry said that while Pakistan is ready for import of gas from India through a 110-km pipeline, it has asked India to re-consider the price of gas. India has ...

Mongolia has agreed to establish a working group with China to oversee the construction of new road, rail and pipeline infrastructure connecting the two countries with Russia, a member of a Mongolian government delegation to Beijing said. The official, speaking to Reuters on condition of anonymity, said landlocked Mongolia aimed to become a  » transit corridor » to facilitate trade between its two giant neighbours and reduce the costs of delivering Russian commodities like oil and natural gas to ...