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Tag Archives: Gas

PPI for Industrial Products Decreased 2.0 percent over May 2016

PPI for Industrial Products Decreased 2.0 percent over May 2016

In June 2016 the Producer Price Index (PPI) for Industrial Products decreased 2.0 percent over May 2016 and 6.0 percent compared to June 2015. The index rose 19.9 percent over the 2010 average. The decline of monthly PPI in June was attributable to a 2.6 percent price decrease for manufacturing. …

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Foreigners Continue Investing in Oil, Gas Production in Kazakhstan

Foreigners Continue Investing in Oil, Gas Production in Kazakhstan

Despite the low oil prices, the lion’s share in the foreign investments made in Kazakh economy accounts for the oil and gas production and geological exploration, read a message from the National Bank of Kazakhstan. Direct foreign investments in the oil and gas production in Kazakhstan stood at $958.4 million …

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Skyland Finds Gas in Georgia: Natural Gas Europe Reports

Australia listed Skyland Petroleum announced a gas discovery in Georgia on its license Block XIG on the outskirts of the capital, Tbilisi. Skyland, which holds 20% interest in the project, said July 7 that testing the exploration Kumisi-2 well had resulted in gas flow with good pressure from the Lower …

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Georgia Grows into Important Transit Point and Energy Corridor

Georgia has become an important transit point and energy corridor, Georgian Prime Minister Giorgi Kvirikashvili said at the Georgia-Switzerland business forum. “Pipelines transporting Caspian oil and gas to Turkey and Europe cross the territory of Georgia. We have the same situation in relation to new railroad and motorway networks – …

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New Gas Reserves Found in Turkmenistan

New Gas Reserves Found in Turkmenistan

The studies carried out by the Turkmengeologiya State Corporation made it possible to extend the gas-bearing part of Turkmenistan’s largest Galkynysh field, the country’s ministry of oil and gas said June 21. In addition, the commercial gas inflows were obtained by 3D seismic survey from the wells also located in …

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Southern Gas Corridor: Infographics

Southern Gas Corridor: Infographics

The Southern Gas Corridor is one of the priority energy projects for the EU. The project is aimed at diversification of the routes and sources of energy supply and thereby increase EU’s energy security. The corridor envisages the delivery of gas from Azerbaijan’s Shah Deniz gas and condensate field to …

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ADB may Consider Providing Financial Support for TAPI Gas Pipeline

ADB may Consider Providing Financial Support for TAPI Gas Pipeline

The Asian Development Bank (ADB) may consider providing financial support for the Turkmenistan-Afghanistan- Pakistan- India (TAPI) gas pipeline project when requested, a source in the ADB’s Department of External Relations told Trend. “ADB continues to be in discussion regarding its role taking the [TAPI] project forward in all aspects,” the …

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Construction Company of Gas Pipeline in Tbilisi

Construction Company of Gas Pipeline in Tbilisi

Construction of underground gas reservoir in Georgia might be started in September of this year, – Azerbaijan agency Fineko/abc.az. reports. The agency disseminates the news relaying on Kakha Kaladze, that tender results linked to the construction company should be revealed in the upcoming days. To note, over 230-250 cubic m …

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