Politics & Regulation

The NTSB in Washington Recommends Pipeline Inspections in High Consequence Areas of the United States

In a watershed study conducted by the National Transportation Safety Board (NTSB), serious fault was found with the nationwide natural gas pipeline transmission and distribution network in the United States, leading to accidents causing destruction of property and loss of life.

Libya still struggling to free blocked oil pipeline

One of the largest oil reservoirs in the world in Libya's El Sharara, once producing some 300 000 barrels per day, is ready to resume production if a blocked pipeline is eventually cleared.

The pipeline has fallen victim to Libya's long and protracted civil war, with rival groups contesting the pipeline's ownership, preventing the shipment of oil to commercial markets.

EU funds for Ukrainian pipeline

Ukrtransgaz, the Ukrainian pipeline operator, has secured a 150 million euro loan from the European Investment Bank to upgrade a 120 km section of its transnational gas pipeline including two compressor stations to Europe. Similarly the European Bank for Reconstruction and Development (EBRD) is expected to lend the Ukraine 163 million euros for this purpose later this month.

Ever more Russian gas bound for Turkey: Fallout from South Stream

Russia and Turkey have signed a Memorandum of Understanding to construct a new offshore natural gas pipeline from the Russian Federation across the Black Sea to Turkey. The pipeline will have a capacity of 63 billion cubic meters per annum with 14 billion cubic meters envisioned for the Turkish market and some 50 billion cubic meters for Europe.