Asia pipeline news
Further delays for Myanmar-China pipeline
The long-awaited Myanmar-China oil pipeline has been delayed again due to last minute negotiating tensions.
Sinopec’s profits on the up
With profits rising for the first time in three years in 2016 and an expected 150% income surge, Sinopec plans to increase its spending by 44% this year.
PetroChina considering pipeline business spinoff
Analysts at Sanford C. Bernstein and Jefferies Group told Bloomberg that PetroChina may ‘spinoff’ its natural gas and crude oil pipeline business.
Azerbaijan pipeline loans at risk?
Azerbaijani natural gas pipeline loans are at risk after a watchdog suspended the country’s membership.
Central Asia-China pipeline delayed again
The Central Asia-China natural gas pipeline expansion project has been delayed again.
TAPI project is making progress
Following discussions between Pakistan’s Prime Minister and Turkmenistan’s President, work on the TAPI gas pipeline project is expected to continue in Pakistan.
Rovco completes first overseas contracts
Rovco has recently completed two subsea survey contracts in southeast Asia and the Middle East.
Sonomatic and TSC Inspection Systems partner
Sonomatic has announced that it has entered into a strategic working partnership with TSC Inspection Systems.
Gazprom and CNPC address areas of strategic co-operation
Gazprom and CNPC have recently been broadening their strategic co-operation in the energy sector, paying particular attention to projects for pipeline gas supplies from Russia to China.
Work on TAPI to commence this month
Work on the TAPI pipeline is expected to commence this month with a route survey and detailed engineering and feasibility studies being carried out in Pakistan.