Turkey declared that it will receive natural gas from Turkmenistan for Nabucco gas project implementation. Before signing the agreement on July 13 for the construction of the gas pipeline, Turkmen President Kurbanguli Berdymukhamedov stated that his state will sell its extra gas to all courtiers that what to purchase it. For full story, click here
China National Offshore Oil Corp, parent of CNOOC Ltd, will purchase 3.6 million tonnes of liquefied natural gas per year from BG Group Ltd’s proposed Australian plant from as early as 2014. For full story, click here
Pakistan’s Cabinet has approved gas purchase formula from Iran and called for immediate steps to lay the pipeline. The gas will be imported through Iran-Pakistan-India gas pipeline, also known as the IPI pipeline or the Peace pipeline. Information Minister Qamar Zaman Kaira stated: The Federal cabinet approved a formula to purchase gas from Iran. For [...]
Gas Natural reported that a capital hike of 447.77 million shares to part finance its $22.25 billion purchase of utility Union Fenosa had been 99.9 percent subscribed. For full story, click here
State-owned GAIL will purchase gas in ships (LNG or liquefied natural gas) from Anglo-Dutch oil major Shell to crank the gas import terminal attached to the beleagured Dabhol power plant in Maharashtra. For more information, click here
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