$10 billion plan signed for pipeline that would ship gas from Africa to Europe

October 7th, 2009 BRUSSELS - Finland, which earlier raised environmental concerns over the proposed 1,200-km long Nord Stream gas pipeline project, is set to give its approval to the project, a report said Wednesday. Finland's Minister of European and Migration Affairs Astrid Thors expected his country to give an environmental approval to the project.

September 15th, 2009 NEW DELHI - With India going slow on the tri-nation gas pipeline, Iranian ambassador to India Seyed Mehdi Nabizadeh Tuesday said China is interested in the proposed multi-billion project but left the door open for New Delhi to rejoin the peace pipeline. The Iranian envoy, however, remained quiet on whether Iran is holding talks with China over the tri-nation pipeline involving Iran, India and Pakistan.

July 31st, 2009 SEOUL - South Korea will import Russian gas as part of a $100-billion pact signed by the two countries in September last year, WAM news agency reported Friday. South Korean Economy Minister Lee Yoon-ho will visit Russia in August to discuss the matter in detail, the report said.

July 21st, 2009 Ukraine tells Biden it wants US investment for gasKIEV, Ukraine — Ukraine wants American investment to help modernize its creaky but strategic natural gas pipeline system, the country's president told U.S. Vice President Joe Biden on Tuesday.

July 14th, 2009 Bulgaria agrees Caspian gas linkSOFIA, Bulgaria — Bulgaria and Greece agreed on the construction of a pipeline that will allow Bulgaria to import natural gas from the Caspian Sea region, energy officials said Tuesday. Bulgaria's state-owned Energy Holding on Tuesday signed an agreement with Greek natural gas monopoly DEPA and Italy's Edison SpA on setting up a company to construct and operate the pipeline, and a second company to supply and make commercial use of the natural gas.

July 13th, 2009 Nabucco gas pipeline at a glanceHere are basic facts about the Nabucco gas pipeline agreed Monday among Turkey, Bulgaria, Romania, Hungary, and Austria. —WHERE: Across the five signatory countries — from Ankara, Turkey, to Baumgarten, Austria — carrying gas from Central Asia to Western Europe.

July 3rd, 2009 $10B deal would ship gas from Africa to EuropeABUJA, Nigeria — Nigeria's state oil company says that Nigeria, Algeria and Niger have signed an agreement to create a $10 billion trans-Saharan gas pipeline to ship gas to Europe. Managing director Mohammed Barkindo said Friday the project was approved by energy ministers from all three governments.

June 24th, 2009 BRUSSELS - Senegal's President Abdoulaye Wade Wednesday criticised European Union (EU) policies towards Africa and said the continent was looking towards India and China for its economic needs, EuAsiaNews reported. Addressing a press conference in Brussels Wednesday, the Senegalese president accused the EU of isolating Africa and raising barriers against "black Africa".

June 16th, 2009 TransCanada issues $1.41 billion common sharesNEW YORK — TransCanada Corp. says it will issue common shares worth 1.6 billion Canadian dollars ($1.41 billion) to help fund its acquisition of an oil pipeline.

June 8th, 2009 Finland wants more details of Baltic gas pipelineHELSINKI — Finland says it needs more details of the environmental effects of a Baltic Sea gas pipeline planned between Russia and Germany before it can approve its construction. The Environment Ministry says it wants information about how the pipeline would affect fishing, toxic chemicals and unexploded ammunition on the seabed and nature reserves in Finnish territory.

May 29th, 2009 NICOSIA - Iran and Pakistan on Thursday signed in Tehran a deal for the supply of eight billion cubic meters of natural gas annually under an agreed price formula which has not been disclosed. Representatives of the two countries also signed an initial agreement for the construction of the Iran-Pakistan-India (IPI) gas pipeline, which is expected to cost more than 7.5 billion dollars and has been dubbed "The Peace Pipeline." It is expected that gas deliveries will start in three to four years.

May 25th, 2009 TEHRAN - Tehran and Islamabad have signed a deal for supplying Iranian gas to Pakistan, IRNA reported. As part of the plan a pipeline will be laid between the two countries through which Iran would supply natural gas to Pakistan.

April 6th, 2009 MOSCOW - Attempts to exclude Russia from global energy decision making would be counterproductive, Russian Prime Minister Vladimir Putin said Monday in an address to the lower house of parliament. The European Union (EU) signed an agreement with Ukraine in late March on modernizing the country's Soviet-era pipelines, triggering an angry reaction from Russia, which exports most of its Europe-bound gas via Ukraine.

February 17th, 2009 MOSCOW - Russia and China signed a $25-billion energy deal in Beijing Tuesday under which Russia will pump oil to its energy-hungry neighbour for the next 20 years in return for loans, Russian Deputy Prime Minister Igor Sechin said. Sechin, who overseas energy, secured the deal in a meeting with Chinese Prime Minister Wen Jiabao in the Chinese capital.

January 11th, 2009 NEW DELHI - A leading construction and infrastructure development company Monday signed deals worth $8.3 billion with the Gujarat government to develop a water front city and three pipeline projects in the state. The first memorandum of understanding (MoU) has been signed between the Hindustan Construction Company (HCC) and the Gujarat Infrastructure Development Board to develop a water front city at a total investment of $8 billion while the second MOU was signed with the water department of the state for developing three water pipeline projects worth $300 million.