Via The New York Times, news that Total, the French oil giant, has decided to back away from planned investments in Iran because of political uncertainty. As the article notes: “…Total’s withdrawal from the country, including a planned huge gas project in the South Pars gas field, makes it the last major Western oil company […]
Read more »Courtesy of Stratfor (subscription required), news that Libya recently announced a deal involving the development of an oil refinery and gasoline stations in Egypt, as well as a natural gas pipeline running from the Egyptian city of Alexandria to the coastal Libyan city of Tobruk. As the article notes: “…This energy agreement could boost Libyan […]
Read more »Â As we have discussed many times previously, the existing pipeline architecture of Central Asia represents the regional imperialism of Cold War Russia, despite Turkmen and Kazakh flirtations with new Trans-Caspian pipeline projects to Azerbaijan to circumvent the Russian control over exports to Western Europe. A recent article by Robert M. Cutler of Carleton University in […]
Read more »From AFP, a report that India expects to finalize a deal “by next month” on a pipeline that will transport gas from Iran. According to the article, Indian Oil Minister Murli Deora said:  “The only one issue is where to take the delivery, the delivery point. We wanted it on the border of India and […]
Read more »Via Stratfor, news that Libyan Prime Minister al-Baghdadi Ali al-Mahmoudi said that Libya is planning to invest $10 billion in Egypt over the next two years including the development of an oil refinery in Alexandria and a natural gas pipeline that will run between Alexandria and Tobruk. The refinery would have a capacity of 250,000 […]
Read more »From The Oil Drum, an excellent analysis of Angola’s oil future. As the article notes: “Angola is one of the few oil producing countries with a bright future ahead. Decades of war prevented the country from developing its energy resources properly, but is now becoming one of the largest world oil exporters in a period […]
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