IN THIS ISSUE
Iranian Insider: Gasoline Sanctions Taking Hold
With more major oil traders deciding to forego gasoline sales to Iran, the latest US sanctions are already having an impact before their final version is even enacted. Tehran is finding its options limited as the domestic economic climate once again worsens.
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The Decline of the Kazakh PSA
The Kazakh Ministry of Finance will prepare a proposal to transfer production sharing agreements (PSAs) to the current tax regime. Minister of Energy Sauat Mynbayev declared that the changes could affect Kashagan, Karachaganak and Tengiz.
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BP Increases Share in ACG
BP has acquired Devon Energy’s holding in the Azeri-Chyrag-Guneshli (ACG) project, the largest in Azerbaijan. On March 9, the Azerbaijani government authorized the beginning of the Chyrag Oil Project.
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ENI Suggests Uniting South Stream and Nabucco
ENI CEO Paolo Scaroni supports merging the South Stream and Nabucco gas pipeline. The connection is technically possible, but neither Gazprom nor the Kremlin will agree to it.
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Breaking Developments
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Government & Economy News
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Companies & Projects News
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Transport & Infrastructure News
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Statistics
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