Subscribe to our free daily newsletters
  Oil and Gas News from OilGasDaily.Com  




Subscribe to our free daily newsletters



OIL AND GAS
Russia's Rosneft to fast-track gas export option in Kurdish Iraq
by Daniel J. Graeber
Washington DC (UPI) Sep 18, 2017


Cooperation on pipeline infrastructure in the Kurdish region of Iraq could set the stage for gas exports to Europe, Russian energy company Rosneft said.

Rosneft said it was finished with the due diligence requirements for an oil export pipeline from the Kurdish north and is in the process of finalizing the necessary legal documents. Total Kurdish oil production isn't as robust as oil fields elsewhere in the country, though the semiautonomous Kurdistan Regional Government aims to increase its potential through exports by truck and through pipelines to the Ceyhan port in Turkey.

Rosneft said Monday it was now ready to consider working with the KRG on new gas pipeline infrastructure and agreements on development could materialize by the end of the year.

"The Kurdistan Region gas pipeline will not only supply natural gas to the power plants and domestic factories throughout the region, but also enable exporting of substantial fuel volume to Turkey and European market in the coming years," the Russian company said in a statement.

Rosneft said the pipeline would be able to satisfy both sets of gas demand pressures, adding the agreement would help it play a leading role in expansions to Kurdish energy infrastructure in general. The project is moving on a fast-track basis and Rosneft said the pipeline could be exporting natural gas by 2020.

The federal Iraqi government and the KRG in 2014 agreed on a budget measure that shares oil revenues, settling simmering disputes between the two.

A referendum for Kurdish independence from Iraq is set for Sept. 25. A spokesperson for the Kurdish government said the referendum would correct past mistakes from Baghdad, including budgetary issues related to oil and entitlements for some of the Kurdish fighters supporting broader counter-terrorism efforts.

The Iraqi economy is robust overall, but non-oil gross domestic product contracted by 1 percent during the first half of the year. Moody's Investors Service said it expected the economy in Iraq will contract by 0.4 percent and continue to slow down at least through 2022.

OIL AND GAS
August oil production from Norway lower than expected
Washington (UPI) Sep 15, 2017
Total oil production in August from Norway, one of Europe's main suppliers, was slightly lower than expected, the government said Friday. Apart from Russia, Norway is one of the leading energy suppliers to the European economy, designating nearly all of its offshore production for exports. The National Petroleum Directorate reported preliminary figures for August at 1.55 million barrels ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
A sweeter way to make green products

How to draw electricity from the bloodstream

Scientists make methanol using air around us

Could switchgrass help China's air quality?

OIL AND GAS
Defects in next-generation solar cells can be healed with light

Dubai awards contract for final phase of solar park

Engineers develop tools to share power from renewable energy sources during outages

Obama-era solar power program reaches goal early

OIL AND GAS
Kimberly-Clark next U.S. company to draw more on renewables

UK wind electricity cheaper than nuclear: data

Last of the 67 turbines for a British wind farm installed

Light-based method makes remote wind measurements easier and more accurate

OIL AND GAS
Finland's TVO challenges approval of Areva bailout

EU parliament opposes bid to reduce testing of Fukushima food imports

PM opens country's fifth nuclear power plant

Jacobs JV wins support contract for nuclear research center

OIL AND GAS
Warmer world may bring more local, less global, temperature variability

Series of potent hurricanes stokes scientific debate

Italy's drought seen from space

Periodic table of ecological niches could aid in predicting effects of climate change

OIL AND GAS
VW recalls 4.86 million vehicles in China over airbag concerns

Waymo suit against Uber on road to trial

Rickshaws to jump start India's all-electric drive

Wax on, melt off: Roads that deice themselves during winter storms

OIL AND GAS
Dozens dead in Iraq attack claimed by IS

Iraq readies to retake IS bastion near Syria border

Iraq holds 1,300 IS women, children: security official

Slow recovery for Iraq's Mosul after IS ouster

OIL AND GAS
EU seeks to ramp up N.Korea sanctions pressure

North Korea says will make US suffer over 'vicious' UN sanctions

North Korea fires missile over Japan; With 'Guam in mind'

S.Korea's Lotte to sell China shops in face of boycott




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement