Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2015-03-25 20:10:00

UNDEFINITE PIPELINE

UNDEFINITE PIPELINE

TAPI faces an uncertain future with the recent oil price fall, ambiguity regarding transit via Afghanistan and an increase in the estimated project cost.

Backed by the Asian Development Bank (ADB), the Trans-Afghanistan Pipeline (TAPI) aims to export up to 33 billion cubic metres (bcm) of natural gas through a proposed pipeline from Turkmenistan to Afghanistan, Pakistan and India. The promise of TAPI was based on the growing energy deficit in South Asia, high hydrocarbon prices and an abundance of natural gas reserves in the neighbouring country of Turkmenistan.

There is a need for both India and Pakistan to find long-term sustainable solutions for their ever-growing energy demands. A shortage of supply, especially for power generation, is slowing these two countries' economic growth considerably.

In South Asia, natural gas is rapidly gaining importance as the key fuel for power generation. Gas-based power generation plants are more economical to build than alternatives such as nuclear, hydropower and coal-fired plants. Gas-fired combined-cycle turbines are flexible and able to respond quickly to peak electricity demand. Gas-based generation is also significantly cheaper than fuel oil or diesel, often used to produce electricity in India and Pakistan.

The most efficient way to address the energy deficit in South Asia is, therefore, based on the construction of gas-fired power plants. Gas is abundant in neighbouring countries such as Iran, Qatar and Turkmenistan, but the energy reality on the ground is often shaped by obstacles, which overweigh the advantages that geographical conditions offer. Iran is still under sanctions, Afghanistan remains unstable and only Qatar offers new hopes with cheaper oil-linked LNG supplies, which could counter-balance the pricing advantages offered by TAPI.

Oil prices offer little incentive for South Asian energy producers to switch from oil- or diesel-based power generation to natural gas Gas as the fuel of choice seems to be under (a temporary) threat as well. Lower oil prices offer little incentive for South Asian energy producers to switch from fuel oil- or diesel-based power generation to natural gas. For instance, gas has traditionally dominated Pakistan's thermal generation. However, stagnation of domestic production and increased competition for gas from the country's transport sector and fertiliser producers have led to a considerable decline in the usage of gas for energy production in Pakistan. However, the sharp rise in power generation costs has increased the appetite of companies to switch back to gas. But with the fall in oil prices, there is a risk that this trend might reverse and decrease Pakistani energy companies' commercial interest in imported LNG or pipeline gas.

$2.4 billion An increase in the estimated cost of TAPI

A combination of factors such as the oil price fall and uncertainty about transit via Afghanistan is likely to delay the launch of the TAPI further. The estimated cost of the gas pipeline has increased from $7.6 billion to $10 billion, and the estimated price based on oil-linked formula dropped from $10-$11 per MMBtu ($360-$380 per 1,000cm) to $7 per MMBtu ($250 per 1,000cm). While the price range of $6 per MMBtu ($220-$230 per 1,000cm) on the Turkmenistan-Afghanistan border is acceptable for Turkmengaz, it's still unclear who will lead and finance the TAPI project.

According to the agreed timelines, the selection of the consortium leader should be finalised before the end of October. Needless to say, the leader has to have sufficient financial and technological clout to lead the project. An increase in the cost of the pipeline and decreased gas prices have reduced the interest of major players in TAPI.

Furthermore, Turkmenistan's legislation does not allow the granting of large scale onshore concessions/PSAs to foreign companies, which, in turn, reduces their interest in TAPI. Granting access to onshore deposits to the consortium leader might help to choose an appropriate candidate. Alternately, Turkmenistan can lead the project directly or via Turkmengaz with the help of an international consortium. A trans-Afghan energy bridge could bring peace and stability to the conflict ridden-country. In fact, all neighbouring countries, including Turkmenistan, have a vital interest in a stable Afghanistan.

naturalgaseurope.com

Tags: TAPI, GAS, PIPELINE, OIL, PRICES

Chronicle:

UNDEFINITE PIPELINE
September, 22, 09:20:00

OIL PRICE: NOT ABOVE $57

International benchmark Brent crude futures were at $56.51 a barrel at 0644 GMT, up 8 cents, or 0.14 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 12 cents, or 0.24 percent, at $50.67 per barrel.

UNDEFINITE PIPELINE
September, 22, 09:15:00

СОТРУДНИЧЕСТВО АЛЖИРА И РОССИИ

Руководители энергетических ведомств России и Алжира обсудили состояние и перспективы двустороннего сотрудничества, а также совместную деятельность в многосторонних форматах, в том числе взаимодействие в рамках Форума стран-экспортеров газа. Также речь шла о взаимодействии в рамках соглашения ОПЕК+ по сокращению объемов добычи нефти. Стороны подтвердили приверженность исполнению взятых обязательств по достижению скорейшей ребалансировки нефтяного рынка.

UNDEFINITE PIPELINE
September, 22, 09:10:00

ГАЗ РОССИИ ДЛЯ МАРОККО

Александр Новак отметил, что Россия занимает лидирующие позиции в мире в области топливно-энергетического комплекса, в частности, первое место по добыче нефти, второе место по добыче газа. «При этом Россия - номер один по экспорту газа. Мы добываем 670 млрд кубических метров газа, из них 220 млрд поставляем в другие страны различными способами – трубопроводным и сжиженным», - подчеркнул Министр.

UNDEFINITE PIPELINE
September, 22, 09:05:00

НОВЫЕ ТЕХНОЛОГИИ РОССИИ

Кирилл Молодцов также сообщил о применении новых технологий в сфере нефтегазодобычи. «Из общего количества технологий, а их насчитывается примерно 600, более 300 производятся в России. Более двухсот имеют российские наработки и аналоги, то есть практически имеют стадию разработки проекта. Есть технологии, которые нас сильно волнуют, и мы будем развивать их дальше. Это абсолютно автономные системы добычи, окончание морских месторождений, забуривание, возможности создания и развития проектов в Арктике», - заключил Кирилл Молодцов.

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