Middle East
Iraq Oil Ministry Says Pipeline to Jordan Needs to Cost Under $9 Billion
The Iraqi oil ministry said on Wednesday the cost of a long-planned oil pipeline to Jordan's Aqaba port city should be brought under $9 billion for the project to go ahead.
Israeli Pipeline Group EAPC Indicted Over 2014 Oil Spill
Israeli state-owned energy group Europe Asia Pipeline Company was indicted on Tuesday over a 2014 oil spill that severely damaged a desert nature reserve, the country's Justice Ministry said.
Taliban Assure Turkmenistan of Gas Pipeline Commitment, Security
Afghanistan's Taliban-appointed government has told Turkmenistan it would ensure the completion and security of the TAPI gas pipeline which Ashgabat is building in hope of opening up new markets.
Biden Pushes G20 Energy Producing Countries to Boost Production
With oil and gas prices surging, some energy-producing countries such as Russia and Saudi Arabia have not boosted output enough to satisfy countries that are largely energy consumers and worry about energy shortages and inflation.
Syria and Jordan Reach Deal Over Electricity Transfer to Lebanon
Lebanon, Syria and Jordan have reached a deal to transfer electricity to Lebanon which is suffering an acute energy crisis, ministers from the three neighboring countries said.
Turkmenistan Officials Due in Afghanistan as Taliban Back TAPI Gas Pipeline
Officials from Turkmenistan will visit Kabul this week to discuss continuing work on the TAPI pipeline linking the energy-rich Central Asian country through Afghanistan to Pakistan and India.
US Reassures Lebanon Gas Supplies Through Syria to be Shielded from Caesar Law
Lebanese Energy Minister Walid Fayad said U.S. mediator Amos Hochstein has assured him that participants in the project to supply Lebanon with Egyptian gas will be shielded from the Caesar Syria Civilian Protection Law.
Saudi Aramco Taps Banks for $12-14 Billion Gas Pipeline Loan
Saudi Aramco has asked banks to arrange a loan expected to be in the $12 billion-$14 billion range that it plans to offer to buyers of its gas pipeline network, sources said, as the oil giant advances plans to raise funds from asset sales.
Jordan Aims to Supply Lebanon with Electricity by Year-End -Minister
Under an agreement recently announced, Egypt will supply natural gas to Lebanon via a pipeline that passes through Jordan and Syria to help boost Lebanon's electricity output.
Egypt Close to Finalizing Arrangements for Gas Supplies to Lebanon
Under an agreement announced last month, Egypt will supply natural gas to Lebanon via a pipeline that passes through Jordan and Syria to help to boost Lebanon's electricity output.
Syria Says Gas Pipeline at Deir Ali Power Station Resumes After Islamic State Attack
The gas pipeline at the Deir Ali power station has returned to operation after completion of repairs, the Syrian Ministry of Oil announced on Saturday, according to Syrian state TV.
Lebanon to Get Egyptian Gas via Pipeline in Plan to Ease Crisis
Egyptian natural gas will be piped to Lebanon via Jordan and Syria to help boost its electricity output under a plan agreed by the four governments on Wednesday to ease a crippling power crisis.
Aramco Oil Pipelines Investors to Sell At Least $4 Billion in Bonds in Q4
A consortium led by EIG Global Energy Partners that took a stake in Saudi Aramco's oil pipelines is preparing to issue at least $4 billion in the fourth quarter to refinance a loan that largely funded the $12.4 billion deal, two sources said.
Global News September 2021
Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants, Two Arrested in Mountain Valley Pipeline Protest and more.
Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants
Egypt's petroleum minister and Israel's energy minister discussed "future plans" for Israeli gas to be liquefied at Egyptian natural gas liquefaction plants for re-export, the ministers said in a joint statement on Monday.
Three Workers Killed in Iran Pipeline Gas Leak Blast
An explosion caused by a gas leak at a pipeline pumping station killed three workers and injured four in southwestern Iran on Tuesday, Iranian state media reported.
Oman State Energy Firm OQ May Sell Drilling Business
Oman state energy company OQ is considering selling its drilling unit Abraj Energy Services, sources said, as the Gulf nation seeks to shore up its finances that have been hit by the coronavirus pandemic and last year's oil price plunge.
Saudi Aramco Extends $10 Billion Loan on Improved Terms, Sources Say
Aramco has borrowed tens of billions of dollars in the past few years to keep up with Saudi Arabia's financing needs in an era of lower oil prices, in addition to a public sale of a minority stake in the company and the recent leasing of some of its pipeline assets for $12.4 billion.
EIG-Led Consortium Closes $12.4 Billion Aramco Pipelines Deal
U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco's pipelines business for $12.4 billion.
Israel to Exempt Oil Pipeline from Environmental Regulations
The Israeli National Infrastructure Committee plans to exempt the Europe Asia Pipeline Company (EAPC) from considering an environmental impact survey for its installation in Ashkelon, Israeli newspaper Haaretz reported.
Energy Majors Bid for Qatar LNG Project Despite Lower Returns
Six top western energy firms are vying to partner in the vast expansion of Qatar’s liquefied natural gas output, industry sources said, helping the Gulf state cement its position as the leading LNG producer while several large projects around the world recently stalled.
Abu Dhabi's Mubadala Joins EIG-Led Consortium Buying Aramco Pipeline Stake
Abu Dhabi state investor Mubadala said on Tuesday it has joined a consortium led by U.S.-based EIG Global Energy Partners that had agreed to buy a 49% equity stake in Aramco Oil Pipelines Co.
Fire Breaks Out at Tehran Oil Refinery
A huge fire broke out at an oil refinery in the southern part of the Iranian capital Tehran due to a pipeline leak, Iranian state media reported, saying there were so far no reports of casualties.
Iran Starts Pumping Oil into Goreh-Jask Pipeline
The National Iranian Oil Company (NIOC) will soon begin transferring oil through the Goreh-Jask pipeline, which runs from the Goreh oil terminal in the Bushehr Province to Jask oil terminal along the Gulf of Oman.
Jordan Says Fire in Four Oil Pipelines Put Out
A fire in four oil pipelines that feed Aqaba refinery has been put out, Jordan's state news agency said on Thursday.
Galaxy Pipelines Look to Expand Gas Pipeline Network in Abu Dhabi
Despite climate change, and uncertain futures for both demand and supply, some financial investors have become enthusiastic about gas pipelines.
Med Red Land Bridge Inaugurates Operations Through EAPC Pipeline Network
The crude carrier contracted with Med-Red Land Bridge Company represents the first tanker to utilize the recently recommissioned 242 km (150 mi) pipeline owned by Europe Asia Pipeline Company.
Aramco Pipeline Investors to Refinance Loan with Bonds Next Year
EIG will lead a yet-unnamed consortium to issue billions of dollars in bonds across two or three transactions to replace bank debt backing an investment in Saudi Aramco’s oil pipeline assets, two sources said.
Brookfield, BlackRock No Longer in Race For $10 billion Aramco Pipeline Stake
U.S. asset manager BlackRock and Canada's Brookfield Asset Management Inc are no longer in the race to buy a stake in Saudi oil giant Aramco's pipeline business, two sources familiar with the deal said.
As Suez Canal Reopens, Number of LNG Vessels Waiting to Enter Jumps
A total of 16 vessels carrying liquefied natural gas (LNG) were prepared to enter the Suez Canal, double the number from Friday, according to cargo tracking firm Kpler, as stranded container ship Ever Given was freed on Monday after a nearly week-long stranding.

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