The Trans Adriatic Pipeline (TAP) is planning to open the Southern Gas Corridor for transporting Caspian natural gas to Europe. For this project, they have awarded Siemens to supply six 15-megawatt SGT-400-driven turbo compressor trains.
Argentina’s largest electric utility Pampa Energia revealed that they are selling their indirect stake in the pipeline operator Transportadora de Gas del Sur (TGS) for $241 million. This deal will allow Pampa to work on with the procedures to buy Petrobas Argentina.
China Petroleum & Chemical Corp (Sinopec) has shut down a pipeline section in the central region of the country after the area was hit by landslide and fire.
On Friday, July 15, the European Union Member States confirm their support for the proposal of important European energy infrastructure projects worth €263 million by the European Commission. In the gas sector, the European grants will cover the construction of the Balticconnector pipeline (EU support €187.5 million). It is the first gas pipeline linking Estonia to Finland.
On July 14, the Presidents of Ukraine and Azerbaijan Pyotr Poroshenko and Ilkham Aliyev revealed in a joint press conference that they are interested in implementing the Odessa-Brody pipeline project. In 2001, this pipeline was constructed for connecting Brody in the Lvov Region and Odessa on the Black Sea. However, the pipeline project has not been used often, since its construction.
The Mexican company Infraestructura Marina del Golfo (IMG) has offered a conditional contract to the pipe coating group of Shawcor Ltd. for providing pipeline coating solutions to the Tuxpan gas pipeline project. The conditional contract is worth approximately C$ 300 million.
JFE Steel Corporation made an announcement on July 08 that it will supply major steel materials for the completion of the Trans Adriatic Pipeline (TAP) project. The unincorporated consortium of Marubeni-Itochu Steel Inc. (MISI) and Corinth Pipeworks Pipe Industry S.A. (CPW) won the contract for this project.
One of the largest natural gas pipeline operators in USA, Kinder Morgan, has made an official announcement on July 10 that they are selling 50% of its stake in the southeastern pipeline system. Southern Company is buying half of the equity interest in the Southern Natural Gas pipeline system, which will be continued to be operated by Kinder Morgan.
On July 01, the Pipeline and Hazardous Materials Safety Administration (PHMSA) of the U.S. Department of Transportation have announced more than $49 million in Pipeline Safety Base Grants. This reimbursement will be used as a portion of the operating costs for the state pipeline safety programs.
On June 28, Kinder Morgan, Inc. made a formal announcement that they are selling 50% equity interest of the Utopia pipeline project to the Riverstone Investment Group (LLC). To acquire the rights to become a partner of the project, Riverstone has to make an upfront cash payment to Kinder Morgan.