Turkmen President Gurbanguly Berdymukhamedov has inaugurated construction of a 7,000-kilometer gas pipeline to China to be completed by 2009, the official Turkmen newspaper said.
The gas will come from an area in eastern Turkmenistan that is estimated to hold 1.3 trln cubic meters of gas and where China’s state-run CNPC has won extraction rights, the state-owned [...]
Turkmenistan has begun to develop its first new natural gas deposit since Soviet times, including new transport infrastructure. The Chinese national oil company CNPC has received a license for exploration and production in Amu Darya Region, where 17 billion cu. m. of gas will be produced. Another 13 billion cu. m. will come from old [...]
China Oilfield Services, the drilling and equipment arm of top Chinese offshore oil producer CNOOC group, is in advanced talks to buy a foreign firm this year in an acquisition that would dwarf its purchase of Russia’s STU.
Chief executive Yuan Guangyu said that the deal would be much larger than the takeover of STU from [...]
Turkmen President Gurbanguly Berdimuhamedov has made a working trip to the Lebap province, August 29, to give a start to the practical realization of Turkmenistan-China gas pipeline construction project at the Bagtiyarlyk deposit on the right bank of the Amudarya River.
According to the Turkmenistan.ru correspondent, the head of the State Committee for Development and Reforms [...]
PetroChina Co. is in talks with Royal Dutch Shell PLC to import 1 million metric tons of liquefied natural gas a year from Australia’s Gorgon gas project, oil industry newspaper Upstream reported Friday, citing unnamed industry sources.
The volumes are being negotiated in addition to the 3 million tons of LNG a year that PetroChina wants [...]
