Showing posts with label Gas pipeline. Show all posts
Showing posts with label Gas pipeline. Show all posts

Thursday, 23 May 2013

Tanzanian gas pipeline plan sparks riot

Residents of a gas-rich region of Tanzania rioted to protest that they would not benefit from a government budget proposal to construct a pipeline from their territory to the capital.
Tanzania estimates it has more than 40 trillion cubic feet (tcf) of recoverable natural gas reserves. Discoveries off east Africa's seaboard have led to predictions the region could become the world's third-largest exporter of natural gas.
Residents of the southern Tanzanian Mtwara region are opposing the construction of a 532 km (330 mile) pipeline - financed by a $1.2 billion Chinese loan - until they get a bigger share of the benefits from gas development.
Tanzania's deputy home affairs minister, Pereira Silima, said riots had erupted in Mtwara but could not give details. Local media reported that police fired teargas, several buildings were torched and one person was killed.
The state-run Tanzania Petroleum Development Corporation (TPDC) said Mtwara was one of two regions in southern Tanzania where onshore liquefied natural gas (LNG) plants will be built.
Norway's Statoil, Brazil's Petrobras, Royal Dutch Shell and Exxon Mobil Corp are among energy companies exploring for oil and gas in Tanzania.
British gas firm BG Group said earlier this month it would present the Tanzanian government with proposed locations for a big LNG terminal in the next few months.

Friday, 14 December 2012

Kazakhstan gets $1.8 bn Chinese loan for gas pipeline

China's state-owned China Development Bank (CDB) will provide a $1.8 billion loan to finance a gas pipeline project in Kazakhstan. The loan will be allocated to Beineu-Shymkent Gas Pipeline LLP, controlled 50-50 by KazTransGas and the China National Petroleum Corporation (CNPC).
The project to build the Beineu-Shymkent gas pipeline, which will connect all major Kazakh pipelines into a single network, is being implemented jointly by Kazakhstan's national oil and gas company KazMunayGas and the CNPC. The project was agreed by Kazakhstan and China in a bilateral agreement.
The 1,475-km Beineu-Shymkent pipeline, which will link gas-rich western Kazakhstan to consumers in the south, is the second stage of the planned Kazakhstan-China Gas Pipeline.The first leg of the pipeline, Beineu-Bozoy, is set for completion in October 2013.