Tag Archives: gas

Turkmen gas will reach Europe

JUNE 22 2015 (The Conway Bulletin) -Turkmenistan, Azerbaijan and the European Union will set up a working group to look at the best way to deliver Turkmen gas to European consumers, media reported quoting the European Commission. This is, probably, an important step forward for Turkmenistan which wants to send its gas across the Caspian Sea to Europe.

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(News report from Issue No. 237, published on June 25 2015)

Kazakh court fines Karachaganak

JUNE 18 2015 (The Conway Bulletin) – A court in west Kazakhstan handed the Karachaganak oil and gas project a fine of 7.3b tenge (roughly $40m) for excessive flaring, media reported quoting a court statement. Karachaganak’s shareholders are BG Group, Eni, Chevron, Lukoil and Kazmunaigas.

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(News report from Issue No. 236, published on June 18 2015)

Turkmen President visits Azerbaijan

JUNE 12 2015 (The Conway Bulletin) – Turkmen President Kurbanguly Berdymukhamedov was one of a handful of international leaders to head to Azerbaijan for the opening ceremony of the European Games. In Baku, he held talks with Azerbaijani President Ilham Aliyev. Turkmenistan wants to send gas to Europe via Azerbaijan.

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(News report from Issue No. 236, published on June 18 2015)

Azerbaijani gas exports rise

JUNE 17 2015 (The Conway Bulletin) – Azerbaijan exported 4.1% more gas in the first five months of the year compared to the same period last year, media quoted the country’s statistics agency as saying. Azerbaijan wants to expand gas exports.

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(News report from Issue No. 236, published on June 18 2015)

EBRD boosts spending in Kazakhstan

JUNE 5 2015 (The Conway Bulletin) – The European Bank for Reconstruction and Development (EBRD) said lending to projects in Kazakhstan would hit a record $1b this year as the country diversifies away from oil, gas and other extractive minerals.

ENDS

(News report from Issue No. 235, published on June 11 2015)

Azerbaijan looking for plant investor

JUNE 3 2015 (The Conway Bulletin) – Azerbaijan is looking for foreign partners to invest in the $16.5b oil, gas and petrochemicals processing plant it plans to build near Baku, a senior executive at the plant told Reuters. Azerbaijan has delayed completing the plant because of a lack of funds.

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(News report from Issue No. 234, published on June 4 2015)

Serbia boosts Azerbaijan’s aspirations

MAY 29 2015 (The Conway Bulletin) – Serbia has withdrawn from Russia’s Turkish Stream project, Serbian PM Alexander Vucic said, handing an important boost to Azerbaijan’s aspirations of becoming a major gas supplier to Europe. Russia plans to build a gas pipeline across the Caspian Sea to Turkey and then into Europe via the Balkans.

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(News report from Issue No. 234, published on June 4 2015)

Azerbaijan backs Caspian route

MAY 26 2015 (The Conway Bulletin) – In a boost for EU aspirations to pump gas from Turkmenistan, Azerbaijan said that although the countries which ring the Caspian Sea still argue over ownership, it didn’t see any problems building a pipeline across it, media reported. The EU is keen to diversify its gas supplies away from Russia.

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(News report from Issue No. 233, published on May 28 2015)

Turkmenistan wants to increase gas output

MAY 22 2015 (The Conway Bulletin) – With European gas supplies in mind, Turkmenistan intends to increase gas output, media quoted the petroleum minister, Muhammetnur Halyov, as saying. Turkmenistan is positioning itself to become a major supplier of gas to the EU in the next few years.

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(News report from Issue No. 233, published on May 28 2015)

Pakistani PM visits Turkmenistan

MAY 20 2015 (The Conway Bulletin) – Pakistani prime minister Nawaz Sharif flew to Ashgabat to meet with Turkmen president Kurbanguly Berdymukhamedov and discuss prospective energy projects.

After their meeting, Mr Sharif said Pakistan wanted to speed up regional energy projects, including the Turkmenistan-Afghanistan-Pakistan- India (TAPI) pipeline — a much-discussed project that could deliver Turkmen gas to South Asia.

Mr Sharif’s visit to Ashgabat highlights just how important the TAPI project is to South Asia and also reflects Turkmenistan’s burgeoning status in the region.

Turkmenistan is trying to push the TAPI project forward in order to diversify its export routes. Its main client is China although it is also in talks with the EU to supply gas.

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(News report from Issue No. 232, published on May 20 2015)