Bangladesh seeks bidders for new 300-450 MW gas-fired plant
State-owned Bangladesh Power Development Board (BPDB) has launched a tender for the construction of a 300-450 MW gas-fired power plant in Bibiyana, the site of a gas field in northeastern Bangladesh.
22 July 2011India approves $7.2 bn BP-Reliance deal
The Indian Ministry of Finance has given its nod of approval to the proposed $7.2 billion exploration and production partnership between India’s Reliance Industries and the UK’s BP, clearing the way for the deal to go through, according to a local news report on Wednesday.
21 July 2011Enel wins court’s approval for Italian Porto Empedocle LNG terminal
Italy’s highest court has revived Enel’s planned 8 billion cubic metre per year Porto Empedocle LNG regasification terminal on the island of Sicily, paving the way for the utility to begin construction on the long-delayed project.
21 July 2011First Dutch LNG terminal on schedule to launch in September
The Netherlands’ first LNG terminal is set to receive its third and final commissioning cargo on either 26 or 27 July and begin commercial operations in early September, a spokesman for Koninklijke Vopak, one of the facility’s developers, told Interfax today.
20 July 2011Thailand’s PTT eyes second LNG terminal
Thai oil and gas company PTT hopes to develop a regional LNG trading hub and is considering building a second LNG terminal to meet growing gas demand, CEO Prasert Bunsumpun told reporters today, according to news reports.
20 July 2011Eni’s Indian exploration awaits environmental approval
Italian oil and gas major Eni’s push to begin exploring for oil and gas in the Indian region of Rajasthan has been bogged down by environmental concerns and significant delays in approval from the country’s Ministry of Environment and Forests, according to local news reports.
19 July 2011Woodside’s Pluto LNG terminal expansion delayed
Woodside’s aim to complete the appraisal work for the planned expansion of its Pluto LNG terminal in Western Australia has been delayed by “technical difficulties,” the oil and gas company said in its quarterly results report today.
19 July 2011PetroVietnam aims to launch Nam Con Son pipe by 2013
State-owned PetroVietnam Gas Corp. (PV Gas) has signed a $441.57 million contract for the construction of a gas pipeline and processing plant, and hopes that it will deliver about 20 million cubic metres per day (MMcm/d) in two years, one of the contract winners said in a statement on Saturday.
18 July 2011Shell to pull out of Canadian Mackenzie Delta pipeline
Anglo-Dutch Royal Dutch Shell is planning to sell off its assets in the Mackenzie Delta natural gas reserve on the north-west coast of Canada, including its stake in a project to build a new pipeline leading from the delta, according to Canadian news reports today.
18 July 2011
Pakistan pushes ahead with IPI but delays expected
Pakistan says that it is forging ahead with plans to complete its section of the Iran-Pakistan-India natural gas pipeline in 2014. However, staunch opposition from the US, high costs and security concerns and Indian wariness of dealing with its neighbour and foe may delay construction of the Pakistani branch and keep the Indian branch from ever bei
18 July 2011Pakistan set to offer 80% of oil price for LNG supplies
The Pakistani government has agreed to buy LNG supplies for a new floating storage and regasification terminal for 80% of the price of crude and furnace oil, according to local news reports.
15 July 2011Eni unlikely to suffer from halt of Libyan cooperation
The Libyan leader Muammar Gaddafi’s decision to cease cooperation with Italy’s Eni is unlikely to have much of an impact on the oil and gas major or the Italian gas sector, at least in the near-term.
15 July 2011India’s Reliance looking to sell gas transportation business - report
India’s Reliance Industries is considering selling its gas pipeline business, Reliance Gas Transportation Infrastructure (RGTIL), according to a news report on Tuesday.
6 July 2011Pakistan to begin work on Iran-Pakistan pipeline in six months
Work on the long-discussed Iran-Pakistan gas pipeline is expected to begin in six months and be completed in 2014, according to Pakistan’s minister for petroleum and natural resources, Asim Hussain, in a TV interview on Tuesday.
6 July 2011Bangladesh in talks to Sinopec over Chittagong gas exploration
Bangladesh Petroleum Exploration & Production Company (BAPEX) is in talks with China’s Sinopec about beginning gas exploration in four structures in the Chittagong Hill Tracts region, in order to boost the area’s gas supplies, Mortuza Ahmad Faruque, managing director of BAPEX, told Interfax today.
5 July 2011Pakistan receives 17 bids for LNG delivery
Pakistan’s Sui Southern Gas Company (SSGC) has received 17 bids from foreign and domestic companies interested in supplying the company with 14.16 million cubic metres per day of LNG for up to 10 years, a spokesman for SSGC confirmed to Interfax on Tuesday.
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