The pipeline forms part of the Southern Gas Corridor, an EU project designed to lessen dependence on gas imports from Russia.
The latest pipeline news
The oil major purchased the stake from CIECO, a subsidiary of Itochu.
Enbridge CEO Al Monaco also sought to downplay concerns that the pipeline operator is holding too much debt.
Lewis was presented with the award at the Pigging Pipeline Integrity Management Conference and Exhibition in Houston, Texas last month.
The US Energy Secretary will address delegates at the international gathering of industry, policy and financial leaders.
Intertek has developed an innovative new pipeline quality verification solution, Intertek PipeAwareTM, which offers digital access to pipeline asset integrity data – vital for assurance and compliance purposes.
The energy exhibition and conference has been awarded the 'Presidency of Honour' from King Felipe VI of Spain and been officially endorsed by the Spanish Secretary of State for Energy.
The company behind the Atlantic Coast Pipeline is pursuing two eminent domain cases in one Virginia county.
The decision by FERC to uphold New York state’s refusal to provide the project a water quality permit means construction of the Constitution natural gas pipeline is currently on hold.
Analysts are warning that a combination of low US natural gas stockpiles, depleted by recent poor weather, and delays in cross-border pipeline projects could substantially lower the amount of natural gas Mexico can import this year.
The European Bank for Reconstruction and Development (EBRD) intends to allocate loans worth up to €1.2 billion for the Trans-Adriatic Pipeline (TAP) this year, part of a US$40 billion project to bring new gas supplies to Europe, an EBRD official has said.
“The amount expected will be in the range of up to €500 million in a direct loan and up to €700 million in a syndicated loan, subject to final internal approvals. It’s expected to be approved towards the middle of the year,” Bruno Balvanera, EBRD Director for the Caucasus, Moldova and Belarus, told Reuters.
The EU is trying to reduce its dependence on Russian gas by developing the so-called Southern Gas Corridor, which is expected to bring around 16 billion m3 of gas to Europe per year from 2020.
The source of the gas will be the giant Shah Deniz 2 field in Azerbaijan; once complete TAP, the South Caucasus Pipeline that passes through Georgia, and the Trans-Anatolian Pipeline (TANAP) that goes through Turkey, will deliver the gas to Europe.
In 2017, the EBRD approved a US$500 million loan for the TANAP pipeline. Azeri gas flows to Turkey are expected to begin flowing through it in July 2018. The European Investment Bank approved a €1.5 billion loan for TAP earlier this month.