Tag Archives: hydrocarbons

EU Commissioner visits Azerbaijan and Turkmenistan

JAN. 13/5 2011 (The Conway Bulletin) – European Commission President Jose Manuel Barroso visited Azerbaijan and Turkmenistan to try to persuade them to supply gas to Europe through planned routes running from the Caspian Sea across the South Caucasus. EU officials said Azerbaijan had committed to supplying gas and that Turkmenistan had pledged closer cooperation in 2011.

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(News report from Issue No. 23, published on Jan. 17 2011)

Turkmen president sacks state gas company head

JAN. 11 2011 (The Conway Bulletin) – Turkmen President Kurbanguly Berdymukhamedov sacked the head of the country’s gas company, Dovlet Mommayev, after only 3 months in the job, media reported quoting state TV. Amanali Khanaliyev, previously head of building pipelines, is the new head of Turkmengaz.

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(News report from Issue No. 23, published on Jan. 17 2011)

Turkmenistan’s gas production in 2010 rises 16.5%

JAN. 11 2011 (The Conway Bulletin) – Turkmenistan gas production rose by 16.5% in 2010, deputy prime minister Baymurad Khojamukhamedov said on TV. Turkmenistan rarely releases data on gas production although last year it did say it wanted to boost production to 100b cubic metres, an increase of 30%.

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(News report from Issue No. 23, published on Jan. 17 2011)

Iran to improve trade with Central Asia

JAN. 10 2011 (The Conway Bulletin) – Iran’s Interior Minister, Mostafa Mohammad Najjar, said he wanted the country to establish itself as an energy transit corridor between Central Asia and the Persian Gulf, media reported. Mr Najjar made the comments during an official trip to Oman.

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(News report from Issue No. 22, published on Jan. 11 2011)

EU Commissioner to visit Azerbaijan and Turkmenistan

JAN. 5 2011 (The Conway Bulletin) – The President of the European Commission, Jose Manuel Barroso, said he will visit Azerbaijan and Turkmenistan from Jan. 13 – Jan. 15 to persuade them to commit to the proposed Nabucco gas pipeline. The $11b Nabucco pipeline is key to Europe’s plan to reduce its reliance on Russia for energy.

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(News report from Issue No. 22, published on Jan. 11 2011)

Work starts on pipeline from Kazakhstan to China

DEC. 21 2010 (The Conway Bulletin) – Construction started on an extension in west Kazakhstan of a gas pipeline that runs from Central Asia to China. When completed in 2015, the 1,475km pipeline will run from Beineu near the Caspian Sea to Shymkent on the border with Uzbekistan and link up with an existing pipeline to China.

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(News report from Issue No. 21, published on Jan. 4 2011)

Major pipeline capacity expansion planned in Kazakhstan

DEC. 15 2010 (The Conway Bulletin) – The Chevron-led Caspian Pipeline Consortium (CPC) agreed to double the capacity of its pipeline pumping oil from the Tengiz field in west Kazakhstan to the Black Sea. The expansion will cost $5.4b and will boost volumes to 1.4m barrels of oil a day by 2015. CPC is a key oil export route for Kazakhstan.

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(News report from Issue No. 20, published on Dec. 20 2010)

Iran wants to boost gas imports from Azerbaijan

DEC. 20 2010 (The Conway Bulletin) – Iran wants to boost gas imports from Azerbaijan in 2011, the Iranian news agency SHANA quoted a senior official at the Iranian National Gas Company (INGC) as saying. Iran has improved ties with its neighbours in Central Asia and the South Caucasus this year especially with Azerbaijan.

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(News report from Issue No. 20, published on Dec. 20 2010)

Kazakhstan’s KMG EP to raise spending

DEC. 14 2010 (The Conway Bulletin) — Kazmunaigas Exploration & Production (KMG EP) said it will increase spending by 15% in 2011 to $661m. The number of production drills KMG EP operates will increase to 239 from 213 and its exploration budget will double to $55m. KMG EP is traded in London. Kazmunaigas holds the controlling stake.

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(News report from Issue No. 20, published on Dec. 20 2010)

WikiLeak reveals BP gas leak in Azerbaijan

DEC. 15 2010 (The Conway Bulletin) —  A US diplomatic cable published by WikiLeaks revealed how in September 2008 a gas leak forced BP to evacuate 211 workers from one of its biggest oil drilling platforms in the Azeri sector of the Caspian Sea. The cable said BP tried to limit public information of the gas leak which shut down part of production at the Azeri-Chirag-Guneshli field.

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(News report from Issue No. 20, published on Dec. 20 2010)