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Transportation 2001 P

  • 12/13/2001 -- Murkowksi won't rule out federal role for Alaska gas line
    The federal government may be needed to help build a proposed Alaskan gas pipeline, Sen. Frank Murkowski (R-Alas.), ranking member of the Committee on Energy and Natural Resources, said Thursday.
  • 12/13/2001 -- Iran awards feasibility study for pipeline through Pakistan to India
    The Iranian government selected Australian consultant BHP Kinhill and Snamprogetti SPA of Italy to carry out a feasibility study for a proposed $6 billion gas pipeline from Iran to India. The 2,670-km line, which would begin at a gas field in southern Iran, would have to pass through Pakistan to reach India.
  • 12/12/2001 -- Kinder Morgan to buy Enron's share of Trailblazer Pipeline for $68 million
    Kinder Morgan Energy Partners LP is buying Enron Trailblazer Pipeline Co.'s 33.3% interest in Trailblazer Pipeline Co. for $68 million in cash, increasing its ownership to 100%. Kinder Morgan has been in negotiations to buy the 436-mile line for several months, it said.
  • 12/12/2001 -- Nova Scotia issues energy policy reforms, development blueprint
    Nova Scotia's government issued an energy development blueprint Wednesday that would create a Department of Energy, facilitate offshore oil and gas projects, and gradually introduce electric industry competition.
  • 12/12/2001 -- Nova Scotia unveils energy development blueprint
    Nova Scotia's leaders unveiled an energy development blueprint Wednesday that calls for creating a new Department of Energy, gradual introduction of electric competition, and a variety of new measures that will apply to offshore oil and gas projects. Premier John Hamm called the proposal a 'careful, measured response to those who asked for limited competition in the electrical industry.'
  • 12/12/2001 -- Partnership approves second Australian North West Shelf pipeline
    The six partners in Australia's North West Shelf gas project have agreed to spend $414 million on a second 130-km pipeline connecting offshore production facilities with the joint venture's LNG plant near Karratha in Western Australia state.
  • 12/12/2001 -- Statoil ASA places order for its first LNG tanker
    Statoil ASA and five partners have ordered the first of three specialized tankers to transport Europe's first LNG to the US market. Mitsubishi Heavy Industries will build it in Japan, at a cost of 1.5 billion kroner.
  • 12/12/2001 -- Bay Gas completes Whistler gas pipeline in Alabama
    EnergySouth Inc. unit Bay Gas Storage Co. Ltd., McIntosh, Ala., completed the 18-mile Whistler gas pipeline.
  • 12/12/2001 -- IEA confirms non-OPEC producers take bigger share of global market
    The International Energy Agency has confirmed that nations outside the Organization of Petroleum Exporting Countries have taken a larger share of the world oil market. IEA also said oil inventories rose to their highest level in years during October.
  • 12/11/2001 -- Guangdong LNG group awards design work to Halliburton, JGC
    A consortium led by China National Offshore Oil Corp. has selected Halliburton Co. and JGC Corp. to perform front-end engineering design for the $600 million Guangdong LNG project in southern China.
  • 12/11/2001 -- El Paso begins engineering studies for Nova Scotia-US Northeast pipeline
    El Paso Corp., Houston, has begun engineering studies for its proposed $1.6 billion Blue Atlantic pipeline, which will carry gas from fields off Nova Scotia to markets in eastern Canada and the US Northeast.
  • 12/11/2001 -- China allows private companies to apply for crude import licenses
    China has started accepting applications from private companies for crude import licenses following its entry Tuesday into the World Trade Organization.
  • 12/11/2001 -- Camisea consortium targets LNG deliveries to US in 2007
    Peru could be the first country to deliver liquefied natural gas to the US West Coast, using natural gas from the Camisea fields and neighboring blocks, said Alberto Moons, the Argentine oil firm Pluspetrol's vice-president for international business.
  • 12/10/2001 -- Transportation news briefs, Dec. 10
    Enagas ... Technigaz ... Initec ... Wolverine Pipe Line ... Tidelands Oil & Gas ... ZG Gathering ... Pakistan ... Iran ... India ... Largo Vista Group ... Zunyi Commercial Transportation Petroleum & LPG
  • 12/07/2001 -- No flight from regulation, PG&E chief asserts
    Under mounting pressure, Robert D. Glynn, CEO of PG&E Corp., Friday denied PG&E's plan to reorganize and emerge from bankruptcy is an attempt to escape regulation. The California Public Utilities Commission and consumer groups have severely criticized the plan as an effort to flee state oversight.
  • 12/07/2001 -- Gas Industry Standards Board expanding to electricity on Jan. 1
    The Gas Industry Standards Board will recast itself as the North American Energy Standards Board effective Jan. 1 and expand its activities to the electricity markets. GISB has been successful at setting standards for wholesale natural gas transactions.
  • 12/07/2001 -- Morgan Stanley says decontrol will slash Brazilian gasoline prices 13%
    The US financial services firm Morgan Stanley has predicted Brazilian gasoline prices will drop 13% when Petroleo Brasileiro SA's monopoly over product imports ends Jan. 1.
  • 12/07/2001 -- Indonesia awards exploration block to TotalFinaElf-Inpex consortium
    Indonesia has awarded a consortium of French company TotalFinaElf SA and Japanese company Inpex Corp. the Donggala block north of the Makassar Straits.
  • 12/07/2001 -- Market watch: Low demand drives down energy prices
    Industry and government reports of a larger-than-expected build-up of US petroleum inventories continued to drive down world energy futures prices Thursday. The January contract for benchmark US sweet, light crudes fell 95¢ to $18.54/bbl on the New York Mercantile Exchange.
  • 12/07/2001 -- Norwegian licensing round concentrates on mature areas
    Friday is the deadline for oil companies to bid on 68 blocks offered in Norway's next offshore licensing round. Officials at the Ministry of Petroleum will evaluate the applications and are expected to announce the award of licenses in March or April.
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