A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.
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NEW DELHI (Reuters) - India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade.
FILE PHOTO: Shipping Minister Mansukh Mandaviya poses for a picture after his interview with Reuters, at his office, in New Delhi, India, March 4, 2021. REUTERS/Anushree Fadnavis
India has been developing a part of the port on Iran’s south-eastern coast along the Gulf of Oman as a way to transport goods to Iran, but also Afghanistan and central Asian countries, and avoiding rival Pakistan.
Timothy Gardner
(Adds no comment from companies in paragraph 9)
WASHINGTON, Feb 24 (Reuters) - Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters.
Russian energy company Gazprom and its western partners are racing to build the pipeline to take Russian gas to Germany under the Baltic Sea, and hope to finish it this year. President Joe Biden believes the pipeline is a “bad deal” for Europe.
Many U.S. lawmakers and officials say the pipeline would increase Russia’s political and economic leverage over Europe. The $11 billion pipeline, which would double the capacity of its existing duct, would bypass Ukraine through which Russia has sent gas to Europe for decades. That could deprive Ukraine and other Eastern European countries of lucrative transit fees and potentially undermine it
Oil trading firms, including Trafigura, are supplying Mexico with emergency cargoes of liquefied natural gas (LNG) to overcome a power crisis caused by interrupted U.S. natural gas supplies, three sources close to the purchases said.