India Oil and Gas

Turkmenistan and Afghanistan discussed the implementation of the TAPI gas pipeline project from Turkmenistan to India

The Ministry of Petroleum and Mineral Resources of Turkmenistan met in Ashgabat with the delegation of the Ministry of Mines of Afghanistan, the press service of the Turkmen Ministry reported.  The theme of the talks was the issues of implementation of the gas pipeline project Turkmenistan-Afghanistan-Pakistan-India (TAPI). Read more »

TAPI construction to strengthen India’s energy safety

The Turkmenistan-Afghanistan-Pakistan-India (TAPI) construction will strengthen India’s energy safety, the Ambassador of India in Moscow A. Malhotra reports. In his opinion it’s important as well for promotion of the regional cooperation. Afghanistan, Pakistan and India will get up to 3.2 billion cubic m of gas a day via this pipeline with length of 1,680 km. Mr. Malhotra claims that they are ready for cooperation and the project's promotion.

Translated by Nadezhda Poltoratskaya Read more »

Kazakhstan has passed 25% of the Satpaev project at the shelf of the Caspian Sea to India

Kazakhstan and India signed a package of documents on a transfer of a 25% share in the project “Satpaev” at the shelf of the Caspian Sea in favour of the Indian company “ONGC Videsh Limited”. Read more »

Analysts: ONGC looks for oil in Russia and Systema of the RF looks for cheap money in India

Systema AFC and ONGC can merge their oil assets. Yesterday they signed a framework agreement on the presupposing of the merging of shares in Bashneft and Russneft and Imperial Energy, a 100% branch of ONGC. Systema states that they can use other oil and gas assets for the merger but Russia will act as the major territory for cooperation. The companies are going to make concrete solutions within 12 months. Analysts value their integration plans differently. Most of them think that the integration is advantageous first of all for India. The analyst of the Fund for National Energy Safety K. Read more »

Robert Dudley invites Rosneft to India

The former BP-TNK chief and the present BP president R. Dudley visits Moscow very often now. On Friday he met with Rosneft chief E. Khudainatov. One of the issues they negotiated upon was probable joint operations in India. BP representative confirms the fact of the meeting but refuses to comment upon the issues discussed. Rosneft did the same stating that the company regularly meets with its partners. Mr. Dudley met as well with BP-TNK co-owner and the Chairman of the Board M. Fridman. Read more »

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