Russian gas giant Gazprom plans to build a new platform for liquefied natural gas (LNG) production at its Sakhalin-2 project to boost gas exports to Japan, according to Gazprom Deputy CEO Alexander Medvedev. The project is expected to be finally approved in 2017, while LNG production is to start in 2022. The Sakhalin-2 project’s two…
Russian gas giant Gazprom is preparing a feasibility study for development of three licensed blocks in Bolivia and may receive operator contracts for the blocks without any competition, Gazprom CEO Alexei Miller said. In June Gazprom and Bolivian state-owned oil and gas company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) signed a roadmap for implementation of projects…
The European Commission (EC) will cease investigation into Hungary’s Paks nuclear power plant project with Russia’s participation as Budapest has provided all necessary explanations regarding construction of two new nuclear reactors at the facility, Bloomberg reported citing Benedek Javor, a Hungarian deputy at the European parliament. Hungary has provided sufficient justification why the construction contract…
Trans Adriatic Pipeline (TAP) AG hired Ulrike Andres as its new Commercial & External Affairs Director. Andres has held a number of management roles at a senior level in the oil and gas industry and joins TAP from the Transalpine Pipeline Group – Europe’s largest pipeline company transporting crude oil from Trieste to eight central…
The construction of the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani gas to Europe, is progressing in Greece. TAP AG tweeted that over 17 km line pipes have been strung and 5 km welded along the pipeline route in Greece. On August 24, TAP AG tweeted that it started welding pipes in…
Tajikistan has begun supplying surplus electricity to the neighboring Kyrgyzstan after all. According to Barqi Tojik (Tajikistan’s national integrated power company), about 14% of electricity generated in Tajikistan last month was exported to the neighboring countries, including Kyrgyzstan. Last month, Tajikistan reportedly supplied 10.2 million kWh of surplus electricity to Kyrgyzstan, down by 32.2 million…
The work within the Shah Deniz Stage 2 project has been completed by 80%, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said. “The work on Shah Deniz 2 successfully continued in the first half of 2016”, he said. “For the present, the four-fifths of the planned works, including engineering, construction and other works…