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ASHGABAT (TCA) — The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement on April 7 in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, and senior Asian Development Bank (ADB) officials. It will pave the way for long-term natural gas supplies that will give a major boost to the signatory countries’ economies and energy security, the ADB said in a news release. Continue reading
TEHRAN (TCA) — Iran’s Petroleum Minister Bijan Namdar Zangeneh has announced Tehran’s plan to increase the level of Iranian oil production to four million barrels per day (bpd), Iran’s PressTV news agency reported on April 6. Continue reading
DUSHANBE (TCA) — Tajikistan President Emomali Rakhmon on March 24 officially launched the Naftrason oil refinery in the city of Konibodom in the Sughd province, the president’s press service said. Continue reading
ASHGABAT (TCA) — Turkmenistan's petro-authoritarianism is likely to continue to be fuelled by a combination of its large natural gas reserves, small population and steady global demand for natural gas, Annette Bohr writes in the report “Turkmenistan: Power, Politics and Petro-Authoritarianism”, released earlier this month by Chatham House, an independent policy institute based in London. Continue reading
ASTANA (TCA) — Kazakhstan exported 12.7 billion cubic meters of natural gas last year, Galym Nurgaziyev, director of the Gas Industry Department at Kazakhstan’s Energy Ministry, said on March 18, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Kazakhstan’s national oil and gas company KazMunayGas (KMG) expects to maintain its oil production this year at last year’s level despite oil production decrease plans in Kazakhstan, Novosti-Kazakhstan news agency reported citing KMG head Sauat Mynbayev. Continue reading