Consortium Turns Down Nabucco West Pipeline
Austrian energy company OMV has announced that the consortium developing Azerbaijan's Shah Deniz-2 natural-gas and oil field has rejected using the proposed multibillion-dollar Nabucco West pipeline.
Rosneft to double oil flows to China in $270 billion deal
Russia's Rosneft (ROSN.MM) agreed a $270 billion deal to double oil supplies to China on Friday, as the Kremlin energy champion shifts its focus to Asia from saturated and crisis-hit European markets.
IAEA can continue supervision of Iran's nuclear activities without obstacles
IAEA can continue supervision of Iran's nuclear activities without any obstacles, Iran's ambassador to IAEA, Ali Asghar Soltanieh said, Mehr news agency reported.
Armenian Energy Minister stresses continued collaboration with Iran
Armenian Energy Minister Armen Movsisian underlined the need for continued cooperation between his country and Iran, IRNA reported.
China to Get Gas From Turkmenistan’s Giant Field
Gas from Turkmenistan’s largest gas condensate field will flow to China, national gas company Turkmengaz CEO Kakageldy Abdullayev said on Wednesday.
India leads Asian cuts in Iran oil imports ahead of sanctions waiver
India has slashed Iranian oil imports by almost a fifth since December, the sharpest cut among Asian buyers, in a move that should increase its chances of winning a new US waiver next month on sanctions targeting oil trade with Iran.
Nabucco transit countries adopts joint declaration
The governments of Austria, Hungary, Romania, Bulgaria and Turkey at the fifth Nabucco Committee on Tuesday adopted a joint declaration, where they stressed the potential of Nabucco pipeline to supply the energy markets of the Western Balkans and the Visegrad group countries (Poland, Slovakia, the Czech Republic and Hungary), Nabucco Gas Pipeline International GmbH reported.
Turkmenistan to intensify diversification of gas supplies to world markets
At present, Turkmenistan is operating to diversify its natural gas supplies to the world markets as being one of the most important priorities of the energy policy of the country, Turkmen President Gurbanguly Berdimuhamedov told the participants at the fourth International Gas Congress which opened in Ashgabat today.
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