Academic journal article The Middle East Journal

Chronology: Petroleum Affairs

Academic journal article The Middle East Journal

Chronology: Petroleum Affairs

Article excerpt

1997

Apr. 20: It was reported that Iran and the Russian firm Gazprom had signed an agreement for Russian investment in liquefied gas production, refining, liquefaction and transport in Iran. [4/21 FT]

Apr. 28: Turkey signed a 25-year, $13.5 billion deal to purchase natural gas from Russia. [4/29 FT]

May 10: Baghdad radio reported that Iraq and Turkey had signed a $2.5 billion agreement to construct a 1,300 km-long natural gas pipeline between the two countries. The pipeline would carry 10 billion cubic meters per year. [5/13 FBIS1

May 11: The Indonesian firm, Central Asia Petroleum, purchased a 60 percent stake in Mangistaumungi-gaz, of Kazakstan, for $4.35 billion. [5/13 NYT]

May 14: In Ashgabat, Turkmenistan, Turkish president Suleyman Demirel, Turkmenistan president Saparmat Niyazov, and Iranian president `Ali Akbar Hashemi Rafsanjani signed an agreement for the construction of a pipeline from Turkmenistan to Turkey through Iran. [5/15 FBIS]

May 17: The Caspian Pipeline Consortium signed a $4 billion deal to build a 1,500 km pipeline from Kazakstan's Tengiz oil field to the Russian Black Sea port of Novorossiysk. [5/17 FT]

May 18: Iranian foreign minister `Ali Akbar Velayati announced a $3. …

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