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Latest Energy in Kazakhstan Stories

2008-08-08 12:00:40

Excerpt from report by corporate-owned Russian news agency Interfax Asgabat, 8 August: Turkmenistan's president, Gurbanguly Berdimuhamedow, has proposed that China increase the purchase of [Turkmen] natural gas from 30bn cu.m. up to 40bn cu.m. [a year]. "Preliminary data shows that the underground reserves of Turkmen natural gas are much larger than it was estimated," Berdimuhamedow said at a meeting with the leadership of the Chinese CNPC [China National Petroleum Corporation] in Beijing...

2008-08-05 12:00:59

By Asjylyn Loder, St. Petersburg Times, Fla. Aug. 4--TAMPA -- TECO Energy announced a new natural gas pipeline venture on Monday in a move that underscores Florida's surging reliance on natural gas. Florida's power producers plan to add more than 12,000-megawatts of natural gas-fueled generation between now and 2017, an increase of 45 percent, said Sarah Rogers, president and chief executive of the Florida Reliability Coordinating Council. Natural gas supplies 42 percent of...

2008-08-04 21:00:23

ASTANA. Aug 4 (Interfax) - Kazakhstan's government is planning to attract a Chinese investor to the project for construction of the social gas pipeline from Beineu to Samsonovka (from the western to southern region of Kazakhstan), said Deputy Prime Minister Umirzak Shukeyev. "It was decided to fund this project 50/50: one half will be allocated from the budget and the other by an investor. Under an inter-governmental agreement with China, the Energy Ministry has offered Chinese investors to...

2008-08-04 21:00:23

ASTANA. Aug 4 (Interfax) - Kazakhstan's national oil and gas company KazMunaiGaz and the Chinese national petroleum corporation (CNPC) have signed an agreement on the basic principles of the construction and operation of the Kazakhstan-China gas pipeline. The document was signed by the parties in Astana on July 30, KazMunaiGaz said in a statement. "The agreement cements the basic principles of project funding and regulates issues such as tariff formation, guaranteed gas quantities...

2008-08-04 12:01:17

By ALEX EMERY Peru plans to choose the operators of two natural-gas pipelines in September as it tries to boost gas consumption and reduce the Andean country's dependence on crude oil imports, President Alan Garcia says. The Energy & Mines Ministry will pick operators for a 675-mile pipeline to the south coast from the southern jungle Camisea gas fields, and to the northern coastal port of Chimbote from Lima, Garcia said in his annual state-of-the-nation speech to...

2008-08-04 06:00:36

Excerpt from report by privately-owned Interfax-Kazakhstan news agency Astana, 4 August: Kazakhtan's state oil and gas company KazMunayGaz and the Chinese National Petroleum Corporation (CNPC) have signed an agreement on the basic principles of the construction and exploitation of the Kazakhstan-China gas pipeline. A report issued by KazMunayGaz says that the sides signed the document in Astana on 30 July. "The agreement cements the basic principles of funding the project and regulates...

2008-08-02 12:00:39

Text of report by state-owned Turkmen TV Altyn Asyr channel on 2 August A new consignment of high-pressure-resistant pipes intended for the construction of the Turkmenistan-China gas pipeline, one of the major construction projects of our golden age, has just arrived [in Turkmenistan]. In the meantime, the construction of the gas pipeline is intensifying. The 7,000-km gas pipeline of international importance will run via the territories of Turkmenistan, Uzbekistan, Kazakhstan and China....

2008-07-29 09:01:08

Russian gas monopoly Gazprom has signed a series of agreements with the government of Turkmenistan relating to gas pricing, investments in the Turkmen natural gas industry and the establishment of a Gazprom representative office in the central Asian country. An agreement was also signed on the principles for the gas pricing structure of Turkmen gas, which will help fix a price based on the market principles within the framework of Gazprom's long-term contract for natural gas purchase from...

2008-07-25 21:00:31

BEIJING. July 25 (Interfax) - Deliveries of Russian crude oil and product to China declined 19.5% in natural terms in the first half of 2008, Sergei Tsyplakov, a Russian trade representative in China, told Interfax. "In 2008 the share of crude oil and product in total Russian exports to China began to rise once again, reaching 51.3% of all exports. In natural terms oil deliveries declined 19.5% year-on- year to 6.27 million tonnes, Tsyplakov said, citing Chinese customs data. Russia was...

2008-07-25 21:00:31

MOSCOW. July 25 (Interfax) - Russian natural gas giant Gazprom (RTS: GAZP) announced on Thursday that it has pledged to take part in gas projects in Turkmenistan. "Agreements have been reached on the financing and construction by Gazprom of new trunk gas pipelines to run from the east of the country, on building production infrastructures in gas fields and on increasing the capacity of the Turkmen section of the Caspian Gas Pipeline to 30 billion cubic meters. Gazprom will take part in its...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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