Natural Gas Asia

Tuesday, May 24, 2016

News - Turkmenistan

Displaying 1 - 10 of 176 articles

Turkmenistan in Talks with IDB, Saudi, Japan for TAPI Financing

Ashgabat is seeking to rope in Islamic Development Bank, the Saudi Fund for Development and Japan's government as partners in the Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project, news agency Reuters reported Saturday. According to Muhammetmyrat...

CASPIAN OVERVIEW: AZERBAIJAN EYES 50BN M³/YR EXPORTS BY 2050

While the development of the further stage of the Shah Deniz gas field and Southern Gas Corridor (SGC) is reportedly continuing according to plan, Azerbaijan announced on May 5 that it is preparing to export 50bn m3/yr of natural gas in 2050, about 7 times more than the current level. The...

Turkmengaz, Islamic Development Bank Sign TAPI Related Protocol

State owned Turkmengaz and the Islamic Development Bank (IDB) on Tuesday signed a protocol on the outcomes of the evaluation commission on the TAPI gas pipeline project, according to the official Turkmen newspaper Neutral Turkmenistan. The protocol was signed during President Gurbanguly Berdimuhamedov’s...

Asian Development Bank Hopes TAPI Will be Operational in Five Years

Asian Development Bank (ADB) is confident that TAPI gas pipeline project will be operation in another five years, despite security concerns. Speaking on the sidelines of 49th annual meeting of ADB in Frankfurt, Bank’s Director General for Central and West Asia Department Sean M. O’ Sullivan...

Afghanistan Assures Full Protection to TAPI Gas Pipeline

Afghanistan has assured it will take all necessary measures to ensure safety of the TAPI gas pipeline.  The assurance was given by senior Afghan officials during a conference ‘The importance of TAPI gas pipeline’ held in Herat in Afghanistan on April 25, 2016. The conference was attended...

Turkmenistan Adding More Infrastructure to Increase Gas Supply to China Pipeline

Turkmenistan will be able to increase export of natural gas to China after a new gas booster station becomes operational, country’s oil ministry said. The facility with the capacity of 30 bcm per year is being constructed at Turkmenistan's Malai gas field. The field is located in Lebap Province of Turkmenistan...

CASPIAN & IRAN OVERVIEW: IRAN SETS OUT INVESTMENT GOALS, COSTS

Iran's gas projects need $289bn investment by 2025, of which $137bn are to go on upstream projects. According to the official documents seen by NGE, about $27bn are earmarked for distributing gas across the country, while $55.8bn are expected to go on expanding the national grid. Among the gas...

Islamic Development Bank Keen to Participate in TAPI Project

Islamic Development Bank (IDB) has shown interest in participating in the TAPI gas pipeline project, Turkmen government said Friday. The issue came up during the cabinet meeting of the government. During the meeting it was emphasised that the Organization of Islamic Cooperation (OIC) fully supports...

CASPIAN OVERVIEW: ASHGABAD OUTLINES TAPI PLANS

A day after signing a $200mn-investment agreement on the Turkmenistan-Afghanistan-Pakistan-India pipeline (Tapi), Ashgabad announced on April 9 that the welding work on the first kilometre of the 214-km length of the Turkmen section of this pipeline was completed. The giant Galkynysh gas field...

UAE Investors Interested in TAPI Pipeline Project

Multi-billion dollar Turkmenistan, Afghanistan, Pakistan and India (TAPI) pipeline project is attracting interest of number of investors from the United Arab Emirates (UAE). Afghanistan's ambassador to the UAE, Abdul Farid Zikria, told Khaleej Times, investment from state...

Greater Caspian Weekly Overview (on NGE)