Archive for August, 2009

LNG Spurred on Ailing Market

Canada’s energy players don’t quite seem to get it. At least, not yet. There is much hand-wringing going on about the depressed state of natural gas prices but nothing is being done. For full story, click here

No Impact of Gas Dispute on 8th Acreage Auction

The government on Saturday declared the ongoing corporate dispute between the Ambani brothers over Andhra offshore gas will not impact India’s acreage auctions, even as the petroleum ministry kicked off the series of roadshows to hawk 70 concessions with the aim of attracting $3 billion investments for exploration. Simultaneously, the government is also offering 10 [...]

Turkey Signed Natural Gas Pipeline Deal with Nakchivan

Turkey and the Nakhchivan Autonomous Republic of neighboring Azerbaijan signed a memorandum of understanding over the weekend for the construction of a natural gas pipeline between Nakhchivan and Turkey’s eastern Anatolian province of Iğdır. For full story, click here

GAIL inked Gas Supply Agreement with RRVUNL

GAIL declared inked a Gas Sales and Transmission Contract with Rajasthan Rajya Vidyut Utpadan Nigam Ltd for supply of natural gas for 160 MW gas power plant of RRVUNL at Ramgarh. For full story, click here

Apache will fuel Asia’s Gas Demand

Houston-based Apache Corp. has agreed to provide natural gas for export to Asia through a proposed project in Canada, the latest sign that huge gas discoveries in North America are reshaping international energy markets. For full story, click here