Posts Tagged ‘ceyhan’
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ONGC to sell bonds to fund ACG buy

by on November 21, 2012 3:40 am BST
US independent Hess said in September it had agreed to sell its 2.72% stake in the large Azeri, Chirag and Guneshli(ACG) group of oilfields as well as its 2.36% stake in an associated pipeline to ONGC for $1 billion.Bloomberg reported on Wednesday that ONGC's foreign investment arm, ONGC Videsh,

Syria-Turkey conflict puts key pipeline at risk

by on October 12, 2012 1:39 am BST
Syria-Turkey conflict puts key pipeline at riskBY CLAUDIA ASSISSAN FRANCISCO -- Conflict between Turkey and Syria escalated, providing additional support to rising oil futures prices and stoking fears of a supply crunch.But just how worried should the world be about the tensions? Hint: it's not about crude production but

Blast ‘halts Iran gas flows to Turkey’

by on October 8, 2012 11:14 am BST
Turkish energy officials told wire services Reuters and Agence France Presse the blast occurred in the area of Dogubayazit, Agri province near the Iranian border.They said damage assessment work had begun and it was not immediately clear when the gas flow will resume or what caused the blast, which

Blast halts BP Azeri flows to Turkey

by on October 4, 2012 7:44 am BST
The blast on the Baku-Tbilisi-Erzurum pipeline in the Turkish province of Kars has not affected all flows in the pipeline network, however, local reports have claimed.Turkish gas company Botas requested that flows to Turkey from the Azeri field of Shah Deniz be halted due to the incident.