01 December 2000
Construction is underway on Gazprom's Russian onshore section of
the Blue Stream pipeline. Total cost of the project is $3 billion
and the pipeline is to run at a depth of 2100m along the bed of the
Black Sea, transporting natural gas from Russia to Turkey.
The expansion will require an enormous amount of externally sourced
capital, much of which is expected to come from foreign investors.
However, the Mexican government dominates domestic energy resources
via its monopoly over the generation, transmission and distribution
of power through the 10...
Oman's long-planned market reforms, spearheaded by a spirited privatization program, are finally rousing more than just interest. Foreign investment and blossoming large-scale private sector growth are pumping fresh life into several key private energy and industrial projects, both domestically and regionally.
Most interesting is the prospect of several major petrochemical
projects moving forward. In late October, Shell Chemicals, a unit
of Royal Dutch/Shell Group, finalized a joint venture agreement
with China National Offshore Oil Corporation (CNOOC) and Guandong
Investment and Development Company...
Although sitting on one-tenth of the world's proven oil reserves,
Abu Dhabi has moved swiftly ahead of its diversified and
less-wealthy neighbor, Dubai, in tapping private investors for its
power generation sector. With a profound commitment to overhauling
its own regulatory structure, privatizi...
Shell plots largest Chinese deal yet