Via Robert Amsterdam’s excellent blog, news that Gazprom and several Chinese state-held firms are aggressively pursuing these gas field stakes left behind by Shell in Nigeria’s troubled Ogoniland- and the government of Umaru Yar’adua has indicated that it will entertain an offer from the group bringing the best infrastructure (read corporate foreign policy) package to […]
Read more »India’s Economic Times recently reported that a consortium of public sector oil companies — ONGC Videsh (OVL), Indian Oil Corporation (IOC) and Oil India (OIL) — has proposed to invest $3 billion to develop Farsi block in Iran where they have found 12.8 trillion cubic feet (tcf) of gas. As the article notes: “…The block […]
Read more »While frontier markets in Africa are not yet the new Brazil, let alone the new South Korea, there are ample reasons to be optimistic about the economic resurgence in many African countries. As The Financial Times recently pointed out: “…The focus on high profile conflicts in Africa, such as the ongoing election in Zimbabwe and […]
Read more »Via Radio Free Europe, an insightful look at the multitude of Caspian pipeline projects that leaders of the Caspian Sea littoral states — Azerbaijan, Russia, Kazakhstan, Turkmenistan, and Iran — and others such as the EU and U.S. are discussing, debating, funding, and developing. As the article notes: “…we are in the middle of a […]
Read more »As recently reported in The Financial Times, Azerbaijan – already a growing force on world oil markets – is carving a role for itself both as a natural gas exporter and as a strategic gas transit route linking the Caspian region with the west. As the article notes: “…2007 marked a turning point in the […]
Read more »Via The Geotimes, an interesting look at the machinations around Central Asian hydrocarbon resources. As the article notes: “…Today for Central Asiatic countries of the Caspian project (via Russia), there are only two alternatives for the West and the East. The Western direction is represented by the trans-Caspian gas pipeline, which passes at the bottom […]
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