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Pipelines

Petronas taps TransCanada for LNG pipeline link

Petronas subsidiary Progress Energy Canada has selected Canadian pipeline operator TransCanada to design, build, own, and operate gas transport infrastructure, worth C$6 billion ($6.09 billion), to carry feedstock to the proposed Pacific Northwest LNG export project on Canada’s west coast.

10 January 2013
Pipelines

Gas Natural buys 10% Medgaz stake

Gas Natural Fenosa said late on Tuesday that it had bought a 10% stake in the Medgaz pipeline, which transports gas from Algeria to Spain.

9 January 2013
Storage

Capacity expanded by 5% at Europe’s largest storage site

Capacity at continental Europe’s largest gas storage facility in Rehden, northwest Germany, increased by 5% in January, according to astora, the joint venture company managed by Wintershall BASF and Gazprom.

9 January 2013
Storage

Fluxys Belgium launches long-term storage consultation

Fluxys Belgium, the country’s transmission system operator (TSO), has launched a consultation to assess the possibility of increasing the number of long-term storage contracts.

9 January 2013
Gas to Power

Gas to surge as fastest growing fuel over next 25 years – IEEJ

Worldwide gas consumption is set to soar over the next 25 years, with growth outpacing that of other fuels, the Institute of Energy Economics of Japan said in its World Energy Outlook released on Tuesday.

8 January 2013
Pipelines

Pipeline attack in Colombia is stark reminder of risks

Colombian state-controlled company Ecopetrol has suffered its first insurgent attack of 2013, as rebels blew up a section of the Caño Limón-Coveñas pipeline on Friday.

7 January 2013
Pipelines

Bulgarian local gas links to provide ‘real diversification’

Bulgarian Deputy Minister for the Economy and Energy Eugenia Kharitonov presented the findings of a feasibility study on a new gas interconnector with Serbia late last week that will place the country at the centre of a new southeast European transmission system.

7 January 2013
Pipelines

CNPC’s WEP II begins pumping Central Asian gas to Guangxi

China National Petroleum Corp. (CNPC) has put a section of the second West-East Pipeline (WEP II) between the capital cities of Guangdong province and neighbouring Guangxi Zhuang Autonomous Region into operation, the leading Chinese gas producer announced on Saturday.

7 January 2013
Gas to Power

Petrobras burns cash in the dry weather

Assessing Petrobras' potential losses on expensive LNG imports is proving difficult because of delays and gaps in published data.

4 January 2013
Pipelines

Increase in Egypt gas supplies to Jordan – report

Egypt has increased gas supplies to Jordan to 6.8 million cubic metres per day, according to a report in The Jordan Times on Thursday.

4 January 2013
Gas to Power

Nigeria hits 4,500 MW generation capacity

President Goodluck Jonathan’s policies are helping the electricity sector in Nigeria to expand capacity, with the network generating 4,500 megawatts towards the end of 2012, the chairman of the Nigerian Electricity Regulatory Commission (NERC) said on Friday.

4 January 2013
Pipelines

Tanzanian Energy Minister defends Mtwara to Dar es Salaam gas pipeline

The Tanzanian Energy Minister Sospeter Muhongo has defended the construction of the gas pipeline from Mtwara to Dar es Salaam, in the face of local protests and oppositions to the new piece of infrastructure.

3 January 2013
Gas to Power

Saudi Arabia power plans hinge on shale gas

Saudi Arabia needs to decide whether it is economically viable to start exploiting its huge shale gas potential within the next six months. If it is, it will have a huge impact on how the country’s power industry is developed.

21 December 2012
Pipelines

Nord Stream to approach debt market in 2014

A mooted extension of the Nord Stream pipeline looks to be gathering pace, with a bank approach possible in 2014.

21 December 2012
Pipelines

Debt refinancing closed for Australian pipeline project

The Dampier Bunbury Pipeline company has closed a A$170 million debt refinancing with local bank ANZ to pay down the existing facilities used to finance the scheme.

21 December 2012
Gas to Power

Debt secured for Mexican power plant and compressor station projects

US-based energy company InterGen has reached financial close on a $217 million project finance facility to fund development of a 205 megawatt gas-fired power station in Guanajuato, Mexico and a separate $118 million facility for a compressor station.

21 December 2012
Pipelines

Transneft to replace 1,000 km of pipe every year

Transneft will replace 1,000 km of oil and gas pipelines every year until 2020, the company said

20 December 2012
Storage

Storage withdrawals hit new record

Gas withdrawals from underground storage facilities in Russia hit a new record of 652.6 million cubic metres on 18 December, according to data published on Friday.

20 December 2012
Gas to Power

Sichuan breaks ground on first large-scale gas power project

Construction began on Sichuan province’s first large-scale gas-fired power station last week, but analysts warned the high price of feedstock gas means the $800 million project may struggle to turn a profit.

20 December 2012
Gas to Power

Tanzania Electricity Supply Co.'s request to raise tariff rates rejected

The Tanzania Electricity Supply Co.’s (Tanesco’s) request to increase electricity tariff rates by 81.27% has been rejected after Spanish consultancy AF Mercados said a hike of only 29.49% could be justified, East African Business Week reported.

19 December 2012

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