India quits Iran gas pipeline deal, says Pakistani diplomatSeptember 6th, 2009 TEHRAN -) India has exited from a gas pipeline deal it earlier planned with Iran and Pakistan, Mehr news agency reported citing a Pakistani diplomat. India definitely quitted the IPI (India-Pakistan-Iran) gas pipeline deal, the report said citing Pakistani ambassador to Iran, Muhammad Bux Abbasi, as saying here Sunday.
South Korean firm to invest $1.7 bn in MyanmarSeptember 2nd, 2009 YANGON - South Korea's Daewoo International Company will invest $1.7 billion in gas exploration and production projects in western Myanmar, in which two Indian companies have a combined stake of 25 percent, a media report said Wednesday. The gas produced from the Rakhine offshore area will be exported to China in 2013, the weekly Voice reported citing company officials.
India, Australia sign $20.5 bn gas dealAugust 19th, 2009 NEW DELHI - India's Petronet LNG has signed a $20.5-billion gas purchasing agreement with Australia's ExxonMobil, the first long-term gas contract between the two countries. According to the agreement, signed Aug 10 in Perth, ExxonMobil will sell around 1.5 million tonnes of liquefied natural gas (LNG) annually from the Gorgon project in western Australia to Petoronet for 20 years.
Energy-rich Turkmenistan says it wants to sell gas to Britain to create new export marketsJuly 28th, 2009 Turkmenistan eyes gas sales to BritainASHGABAT, Turkmenistan — Turkmenistan's president has said his energy-rich country wants to export natural gas to Britain as part of its strategy to find new markets, state media reported Tuesday. The remarks provide a further boost to European hopes of tapping into the Central Asian nation's vast gas holdings and gradually reducing dependence on supplies from Russia.
Turkmenistan and Germany's RWE sign oil and gas exploration agreementJuly 17th, 2009 Turkmens, RWE sign energy exploration dealASHGABAT, Turkmenistan — German energy giant RWE AG has signed a deal with Turkmenistan to develop oil and gas fields off the energy-rich country's Caspian shore, state-run media said Friday. The agreement is another breakthrough in European efforts to tap Turkmenistan's lucrative energy resources and could help efforts to diversify European gas deliveries away from Russia.
Turkmens, Azerbaijan hold talks on Caspian Sea boosting Europeean gas pipeline prospectsJuly 16th, 2009 Turkmens, Azerbaijan discuss gas-rich sea borderASHGABAT, Turkmenistan — Turkmenistan and Azerbaijan have begun talks to agree on a border in the energy-rich Caspian Sea, the Turkmen foreign ministry said Thursday, a move that boosts prospects for a Western-backed pipeline project to pump gas to Europe. The feasibility of the Nabucco pipeline — planned to connect eastern Turkey with the lucrative European market — rests heavily on its ability to tap into the Caspian region's vast energy resources.
Turkey, EU countries to sign deal for pipeline to carry gas from Caspian, MideastJuly 13th, 2009 Turkey, EU countries to sign gas pipeline dealANKARA, Turkey — Turkey and five European Union countries will sign a landmark agreement on Monday aimed at reducing Europe's reliance on Russian energy by running a gas pipeline from the Caspian Sea region to the EU via Turkey. The United States, which is backing the Nabucco project alongside the EU, said it does not object to Russia's participation but claimed Iran should be excluded until it improves its ties with the West.
Turkey, EU countries sign deal for pipeline to carry gas from Caspian, MideastJuly 13th, 2009 Turkey, EU countries sign gas pipeline dealANKARA, Turkey — European countries on Monday sealed an important agreement aimed at diversifying the continent's energy sources — but their pipeline project to bring natural gas from Central Asia and the Middle East to Europe can't entirely break Russia's dominance. The Nabucco pipeline is still seeking gas supplies — in particular, from Azerbaijan — despite promising words by Iraq, Turkmenistan, Egypt and Syria.
Turkmenistan plans gas pipeline to supply Iran from field previously reserved for RussiaJuly 12th, 2009 Turkmenistan plans gas pipeline to IranASHGABAT, Turkmenistan — Turkmenistan has agreed to build a new pipeline to supply natural gas to Iran from a field previously reserved for deliveries to Russia, the Turkmen Foreign Ministry said in a statement Sunday. The deal appears to be part of an effort by the energy-rich Central Asian nation to reduce its dependence on Russia, the main market for its gas exports.
Poland signs $550 million gas deal with QatargasJune 29th, 2009 Poland signs long-term deal with QatargasWARSAW, Poland — Poland signed a $550 million contract with Qatargas on Monday to receive 1.5 billion cubic meters of natural gas per year over 20 years, officials said. "It is the first long-term contract since 1993 which increases our energy security in real terms," Polish treasury minister Aleksander Grad said.
China secures landmark deal to buy 40 billion cubic meters of Turkmen natural gas annuallyJune 25th, 2009 China, Turkmenistan seal long-term energy dealASHGABAT, Turkmenistan — China has secured a long-term deal to buy 40 billion cubic meters of natural gas annually from energy-rich Turkmenistan. State newspaper Neutral Turkmenistan reported Thursday the two countries have agreed on the binding details of a 30-year contract to increase China's annual gas purchases from the previously agreed amount of 30 billion cubic meters, starting in 2010.
China pledges $3 billion loan to help energy-rich Turkmenistan develop giant gas fieldJune 7th, 2009 China, Turkmenistan seal $3 billion energy loanASHGABAT, Turkmenistan — China will lend energy-rich Turkmenistan $3 billion to develop its vast South Yolotan natural gas field, Turkmen state media reported Saturday. The loan marks a key step in Chinese efforts to secure long-term energy supplies from ex-Soviet Central Asia and will likely loosen Russia's grip over Turkmenistan's gas exports.
Pakistan to be supplied with 8 billion cubic metres of Iranian gas annuallyMay 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.
Iran, Pakistan sign gas supply dealMay 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.
Central Asian energy meeting comes amid rivalry between Russia, Europe, China and IranApril 23rd, 2009 World energy rivals meet in TurkmenistanALMATY, Kazakhstan — Russia has had a lock on Central Asia's energy riches since the Soviet collapse. But, as representatives from key countries gather at an international conference in Turkmenistan, it is increasingly apparent that other countries have designs on breaking that stranglehold.
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