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Archive for the Category ‘Oil & Gas’

Caracas to continue Iran gas export

Caracas to continue Iran gas export

WongMixxMySpaceNetvouzNewsvineoneviewOnlyWirePlugIMPropellerRedditSegnaloShoutwireSimpySlashdotSurphaceSphinnSpurlS LiveYahoo!Email This to a Friend  Link HTML:  Permalink:  If you like this then please subscribe to the RSS Feed or Email Feed.Powered by Bookmarkify™ More »Source: AlJazeera August 19, 2010 Venezuela will continue to supply Iran with gasoline despite the threat of international sanctions. David Velasquez, [...]

Analysis: Iran Gas Ambition Requires China to Crack LNG Secret

Analysis: Iran Gas Ambition Requires China to Crack LNG Secret

By Daniel Fineren Source: Reuters/ABC News August 18, 2010 LONDON (Reuters) – Iran is unlikely to become a big exporter of natural gas unless China — a crucial partner as international sanctions scare others off — can develop tricky technology to liquefy the country’s massive gas reserves. Iran sits on the world’s second-largest gas reserves [...]

Iran Curbs LNG-Export Ambitions

Iran Curbs LNG-Export Ambitions

Officials suspend plans for two liquefied natural-gas projects as sanctions have foreign energy companies in retreat By Benoit Faucon and Spencer Swartz Source: The Wall Street Journal August 12, 2010 LONDON—Iran is greatly curbing its once-lofty ambitions to become a major liquefied natural-gas exporter, a reversal that energy executives and analysts tie to the country’s [...]

Turkey to continue sending fuel to Iran

Turkey to continue sending fuel to Iran

By JPost.com staff and Bloomberg News August 11, 2010 Ankara not deterred by US sanctions on Islamic regime. Ankara will continue to permit Turkish companies to sell gasoline to Iran, despite US sanctions against fuel exports to Islamic regime, Reuters reported on Wednesday. “If the preference of the private sector is to sell these products [...]

Turkish gas firm pays Iran $600m fine

Turkish gas firm pays Iran $600m fine

Source: Iranian regime-run English language daily, Tehran Times August 8, 2010 TEHRAN — Turkey’s BOTAS Petroleum Pipeline Corporation has paid the National Iranian Gas Company (NIGC) a fine of about $600 million for import of natural gas at a rate smaller than was previously agreed between the two companies. Under the contract, Turkey had to [...]

Dana Gas Says Gas Contract Between Crescent Petroleum, Iran Remains Valid

Dana Gas Says Gas Contract Between Crescent Petroleum, Iran Remains Valid

By Shaji Mathew Source: Bloomberg August 8, 2010 Dana Gas PJSC, a United Arab Emirates energy company, said a natural-gas contract between its largest shareholder Crescent Petroleum Co. and National Iranian Oil Co. remains binding. “In relation to the 25-year contract between our partner Crescent Petroleum and NIOC, we have been notified by Crescent Petroleum [...]

Crescent Petroleum Says Iran Gas Deal Has Not Been Cancelled

Crescent Petroleum Says Iran Gas Deal Has Not Been Cancelled

By Ayesha Daya Source: Bloomberg August 8, 2010 Crescent Petroleum Co., which is the biggest shareholder in Dana Gas PJSC, said a contract with Iran to supply natural-gas to the United Arab Emirates has not been cancelled. “The 25-year contract between National Iranian Oil Co. and Crescent is valid, internationally binding and currently in international [...]

Top Iran Oil Company Official: Persian LNG Project Suspended

Top Iran Oil Company Official: Persian LNG Project Suspended

Source: Dow Jones/The Wall Street Journal August 7, 2010 LONDON –Iran is suspending some liquefied natural gas projects, including Persian LNG, and shifting its focus to pipeline exports instead, the head of the country’s state oil company said Friday. Iran’s ambitious LNG schemes have been hit by the pullout of Western oil companies, which play [...]

Turkey Doesn’t Plan to Curb Iran Petroleum-Products Trade, Minister Says

Turkey Doesn’t Plan to Curb Iran Petroleum-Products Trade, Minister Says

By Ali Berat Meric Source: Bloomberg August 6, 2010 Turkey sees no reason to curb a trade in petroleum products with neighbor Iran, Turkish Energy Minister Taner Yildiz said. United Nations sanctions on Iran don’t cover the trade and “right now we believe that commercial companies can carry out this business,” Yildiz said in Trabzon. [...]

Iran minister visits China for refinery investment

Iran minister visits China for refinery investment

Source: Reuters Africa August 3, 2010 TEHRAN – Iran’s oil minister will travel to China on Wednesday to seek investment in new oil refineries, the oil ministry news website SHANA reported on Tuesday. The visit comes as new sanctions imposed over Iran’s nuclear programme take effect, squeezing its ability to import gasoline and making it [...]

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