Displaying 1 - 10 of 10 articles
Turkey's Deputy Prime Minister Ali Babacan has warned that political conflict in Iraq may affect that country's supply of gas to the Nabucco pipeline. Speaking on Saturday, Minister Babacan said that turmoil in government in Iraq may threaten Europe's energy security in the future. "The split that...
Turkish Minister for Energy Taner Yildiz has said that the country will increase its natural gas imports from Iraq in exchange for the supply of electricity from Turkey to Iraq. Speaking to reporters in Ankara, Minister Yildiz said the electricity sold to Iraq would come from a power station close to...
Turkish Minister for Energy and Natural Resources Taner Yildiz has said that his country will carry Iraqi gas through Turkey. Speaking to journalists today, Minister Yildiz said the two countries were currently involved in negotiations to see Iraqi gas being transported through Turkish land. "Iraq...
The Iraqi Ministry for Oil has said that Iraq is keen to play a part in the Nabucco pipeline project, at a direct benefit to the country's economy. Speaking to the Trend news agency, spokesperson for the Ministry for Oil, Asym Jihad, said the country was keen to become involved in the project. "Iraq's...
Though Iraq could export surplus natural gas to European markets, it isn't committed to doing so through the Nabucco pipeline, according to Deputy Prime Minister for Energy Hussein al-Shahristani.The consortium managing plans for the Nabucco natural gas pipeline said in October that it considered engineering...
The Financial Times reports that Heritage Oil has received an informal takeover offer from an unnamed Abu Dhabi based suitor.Heritage is understood to have rejected the offer, which would value the company at £1.2bn. The potential offer represents a premium of 135.3p per share over Heritage’s closing...
We at Natural Gas for Europe are pleased to announce the launch of Natural Gas for Asia Natural Gas for Asia is focused on providing updated news and resources on the development, expanding production, trade and utilization of natural gas in the Asia Pacific region. Expanding natural gas use in Asia...
Developments following the recent formation of a new Iraqi government have put the German energy company RWE in an interesting situation. Last August, RWE signed a gas cooperation contract (which is not a binding agreement) with the KRG, which the then-Baghdad government denounced (Read more HERE).Industry...
Northern Iraq’s vast gas fields may have enough reserves to provide the entire supply for the Nabucco pipeline, a Kurdish minister said on Friday, raising more hopes that enough supplies could be found to fill the ambitious pipeline project once Iraq resolves its post-war internal disputes on power...
Geopolitical issues are preventing the Nabucco consortium from considering a link to arteries on the Turkish-Iranian border. In July, the United States and the European Union separately imposed new economic sanctions on Iran as punishment for the continuation of its controversial nuclear program.