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With the aim of weaning away India from Iranian energy products, US may supply shale gas in liquefied form to Asia’s third biggest economy. Desperate to corner Iran in concert with other countries, the U.S. has been seeking sharp reduction in Indian oil purchases from Iran. The Hindu reported...
By Air Cdre (R) Khalid Iqbal Concept of energy security does not have a uniform meaning due to the complexities arising out of regional intricacies and global market dynamics. World Bank defines energy security as ‘the sustainable production and use of energy at reasonable costs to...
By Jen Alic for Natural Gas Europe Turkmenistan is reportedly gearing up to sign a natural gas agreement with Afghanistan, Pakistan and India by the end of this month in a move that would provide the foundation for building a pipeline connecting the four countries despite major security concerns...
Iran will start exporting natural gas to Pakistan by 2014, Shana agency reported citing Iran’s Minister of Petroleum Rostam Qasemi. “A deal for Iran to export gas to Pakistan has been finalized,” he told a news conference at Tehran Oil Show. He said Iran has constructed its tranche...
Nabucco is dead or at least diminished, say Western analysts, killed by huge costs, logistical problems, policy shifts and consumption downturns, and the most important factor – lack of gas sources. Neither Azerbaijan or Turkmenistan, first pressured by Russia, then enlisted in smaller regional...
Turkmen energy officials have angrily rejected suggestions from Russia's Gazprom that the country has exaggerated its estimated reserves of natural gas. The latest public dispute comes in the aftermath of the rapidly deteriorating relationship between the two countries, centred to a large extent on...
A new gas deal between Turkmenistan and China suggests that Beijing is seeking to steal a march on both Russia and Europe for Turkmen gas supplies. Further signs of an eastward shift by Turkmenistan could have a profound impact on regional energy geopolitics, but there may be less to the latest news...
Canadian based TAG Oil Ltd., with operations exclusively focused in New Zealand, is pleased to report the Cheal-B5 discovery well is naturally flowing at an average rate of 1,870 barrels of oil equivalent per day, consisting of 1,700 barrels of oil and 1.0 million cubic feet of gas per day flowing through...
Iran, Syria and Iraq will sign a major gas deal on Monday to transfer Iran's South Pars natural gas to Europe.Iran's acting oil minister Mohammad Aliabadi, as well as oil ministers of Iraq and Syria will attend a signing ceremony and choose a name for the pipeline to transfer Iran's gas to Europe...
The Bangladesh government plans to initiate gas exploration in Kotia, Joldi, Kafalong and Shitapara structures in Chittagong Hill Tracts (CHT). The four gas structures are spread over Block 22 covering around 13,900 sq kms.State-run Bangladesh Petroleum Exploration and Production Company (BAPEX) has...