Caspian Energy Weekly ¹ 28 (182) 3 November 2005
ACCENT
WHO SHOULD COLLECT "BLUE" LAURELS?
NATURAL GAS PRICES RISING WILL TOUCH ALL IMPORTERS
From the beginning of 2006 gas "surprises" expect both the countries possessing this kind of fuel, and its importing. On the one hand the prices are excited at the post Soviet area by the Russian monopolist "Gazprom", on the other the Central Asian manufacturers, including for same "Gazprom". The new manufacturer will join this fierce struggle in 2006 on behalf of Azerbaijan also.
CASPIAN REGION
Kazakhstan
Turkmenistan
Turkmenistan-Russia
Iran
Russia
CASPIAN ECOLOGY
MEP
TRANSPORTATION
CPC
CPC - DECISION IS NOT MADE YET
IF TES CONFIRMATION PUTS ASIDE THEN THE DATES OF CPC's EXPANSION WILL BE POSTPONED A YEAR.
At the end of October the term set by supporters of CPC's expansion is over. Project considers stage-by-stage expansion of CPC from 28 mln. tons a year to 67 mln. tons a year. The first results of expansion should bring up to 38 mln. tons a year in 2006.
Odessa-Brody
Atasu-Alashankou
Around of Bosphorus
TRACECA
Caspian ports
Bank of quality
ECONOMY
SOCAR
Drilling
CONSORTIA
"Shah Daniz"
COMPANIES
TRANSACTION BETWEEN PETROKAZAKHSTAN AND CNPC COMPLETED
"LUKOIL" AMBITIONS - TOTALLY 100% OF NELSON RESOURCES SHARES
"LUKOIL" was not possible to block the transaction on sale of Canadian PetroKazakhstan to Chinese CNPC. However "LUKOIL" has achieved an agreement with the basic shareholders of other Canadian company working in Kazakhstan - Nelson Resources about acquisition of 65% of shares more than per $1 billion, and call option of more than 1.3% having diffused the offer to whole 100% of shares. The total sum of transaction is valued at $2 bn.
WORLD MARKET
OPEC DECIDED TO CALM THE MARKET
CARTEL EXPECTS OIL PRICES STABILIZATION
OPEC has declared that she would increase her processing powers during 5 years from present 35.5 to 38 mln bpd. General Secretary of OPEC Adnan Shykhab-Eldin notified at held in South Korea meeting among Ministers of Energy countries - participants of Asian-Pacific Economic Cooperation (APEC).