MAY 30 2013 (The Conway Bulletin) — On a trip to Ashgabat, Turkish President Abdullah Gul signed a framework deal with his Turkmen counterpart Kurbanguly Berdymukhamedov to transport gas from Turkmenistan to Europe. Turkmenistan is looking for additional transport routes to pump gas to clients in Europe, China and the Middle East.
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(News report from Issue No. 137, published on June 3 2013)
MAY 28 2013 (The Conway Bulletin) — Austria’s OMV has agreed to sell a 9% stake in the company planning to build the proposed Nabucco gas pipeline from the Shah Deniz II gas field in Azerbaijan to Europe. France’s GDF Suez agreed to buy the stake for an undisclosed amount. The consortium developing Shah Deniz II will decide whether to use Nabucco or a rival to deliver gas to Europe.
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(News report from Issue No. 137, published on June 3 2013)
MAY 22 2013 (The Conway Bulletin) — Turkmenistan aims to start production at its Galkynysh gas field, the world’s second largest, by the end of June, media quoted officials as saying. Gas production at Galkynysh will consolidate Turkmenistan’s status as global leader in energy supplies.
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(News report from Issue No. 136, published on May 27 2013)
MAY 3 2013 (The Conway Bulletin) — Kazmunaigas, the Kazakh state energy company, plans to invest $10b over the next 10 years in exploration to double its oil and gas reverses, chairman Lyazzat Kiinov said. The ambitious plans show how important the energy sector is to Kazakhstan’s economic development.
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(News report from Issue No. 134, published on May 6 2013)
MARCH 16 2013 (The Conway Bulletin) – Turkmenistan plans to start gas production at its Galkynysh gas field by July, media quoted the Turkmen minister for oil and gas, Mukhammednur Halylov, at a conference in Dubai. Galkynysh is the world’s second largest gas field and the start of production will underline Turkmenistan’s status as a major energy supplier.
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(News report from Issue No. 128, published on March 22 2013)
MARCH 16 2013 (The Conway Bulletin) – State-owned TurkmenGas supplies 20b cubic metres of gas to China a year, media quoted the company’s chairman, Kakageldy Abdullayev, telling the Dubai conference. Mr Abdullayev said that by 2020 Turkmenistan would supply China with 65b cubic metres of gas a year, more than Russia and Kazakhstan combined.
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(News report from Issue No. 128, published on March 22 2013)
MARCH 6 2013 (The Conway Bulletin) – Turkmenistan has agreed a deal with Iran to receive goods and produce in lieu of fees owed for gas, Bloomberg reported quoting the state-run Iranian Students Agency. Turkmenistan is an important supplier of gas to northern Iran, reportedly supplying up to a third of its imports. US sanctions have hit Iran’s cash flow.
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(News report from Issue No. 126, published on March 8 2013)
MARCH 4 2013 (The Conway Bulletin) – The value of Uzbekistan’s energy exports nearly doubled to $5b in 2012, the Eurasianet website reported quoting the Uzbek State Statistics Committee. Most of the increase was due to the opening of a gas pipeline from Turkmenistan through Uzbekistan and Kazakhstan to China.
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(News report from Issue No. 126, published on March 8 2013)
MARCH 1 2013 (The Conway Bulletin) – Azerbaijan’s state energy company Socar plans to issue a $1b Eurobond by the end of the year to fund various upstream and downstream projects, media quoted company president Rovnag Abdullayev as saying. This will be the second Eurobond issue by Socar following its $500m issue last year.
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(News report from Issue No. 126, published on March 8 2013)
FEB. 13 2013 (The Conway Bulletin) – Turkmen president Kurbanguly Berdymukhamedov signed a deal with his visiting Ukrainian counterpart, Viktor Yanukovich, to resume gas exports to Ukraine. Ukraine had imported gas from Turkmenistan until a few years ago when it switched to Russia. Now it wants to diversify its imports and include Turkmen gas.
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(News report from Issue No. 124, published on Feb. 15 2013)
