Saturday, May 25, 2013
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US ambassador to Pakistan Richard Olson has said his country supports Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project (TAPI), but not Iran-Pakistan project. “As far as Pakistan, Iran gas project is concerned, US does not lend support to it and rather we support TAPI.
State-owned Oil and Natural Gas Corp's overseas arm and Oil India Ltd are considering a joint bid for a 20 per cent stake in a Mozambique gas field, two sources familiar with the matter told Reuters. US oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched...
Cairn India is now ready to begin natural gas production from its prolific Rajasthan block and has sought government approvals to begin sale to consumers by month end, Press Trust of India said. The company currently produces small volumes of natural gas along with crude oil from the fields in the Barmer...
Joint venture partners, GSPC and Adani Group, are looking to offload 25% stake in the planned LNG terminal planned at Mundra in the Indian state of Gujarat to strategic partners, Business Line reported. The LNG terminal, expected to be commissioned in 2015-16, will be designed to have a berth for receiving...
Essar Energy on Monday announced that it has been granted phase 3 environmental clearance for its coal bed methane (CBM) gas field at Raniganj, West Bengal, allowing it to increase drilling to 650 wells. “This environmental clearance allows the full field development of the Raniganj block, excluding...
London-listed coal bed methane (CBM) gas producer Great Eastern Energy Corp (GEECL) has convened a meeting of shareholders later this month to get their approval for a clutch of proposals required for India listing. “We will file the draft red herring prospectus (DRHP) for the Indian IPO after...
Turkmenistan is contemplating holding another meeting to discuss TAPI gas pipeline project’s implementation, Trend news agency reported last week citing Turkmen government. The agenda of the meeting is expected to be issues related to organizational, legal and technical questions for creation...
India’s geology hints at abundant presence of shale gas, but there were many challenges ahead, Blake Clayton, fellow for Energy and National Security Council on Foreign Relations, New York said at a conference at the India city of Hyderabad, the New Indian Express reported. “Technology...
India’s ministry of petroleum and natural gas has said that the commercial operation of $9-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is expected to commence by 2017-18, Business Standard reported. In a written reply to the Lok Sabha, the lower house of the parliament...
Liquefied Natural Gas (LNG) suppliers looking to sell into Asia should increase their focus on the combined South East (SE) Asian markets - predominantly Indonesia, Thailand, Malaysia and Singapore - as the LNG appetite of these markets increase, Wood Mackenzie says in a report published Wednesday. Meanwhile...