SEPT. 14 2010 (The Conway Bulletin) — Azerbaijan, Georgia and Romania agreed to create a transit route for liquefied natural gas from the Caspian Sea to Central Europe. The route will use existing pipelines to pump gas to Georgia’s Black Sea coast and then ship it across to Romania. It will rival Europe’s proposed Nabucco pipeline system and Russia’s South Stream.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 7, published on Sept. 16 2010)
SEPT. 7 2010 (The Conway Bulletin) — Kazakhstan and Russia agreed a deal to jointly develop the Imashev gas field that straddles their borders. Dispute over ownership had slowed its exploitation down. Russian media said the field holds about 128b cubic metres of gas and 21m tonnes of gas condensate.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 6, published on Sept. 9 2010)
SEPT. 3 2010 (The Conway Bulletin) — Russia will double the amount of gas it buys from Azerbaijan from next year to 2b cubic metres. Europe and Russia are competing for Azerbaijan’s gas supply. Europe needs the gas to fill its proposed Nabucco pipeline that will run from the Caspian Sea to central Europe.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 6, published on Sept. 9 2010)
