Chronology: Petroleum Affairs, January 16, 1998-April 15, 1998

The Middle East Journal, Summer 1998 | Go to article overview

Chronology: Petroleum Affairs, January 16, 1998-April 15, 1998


1998

Jan. 16: In Akmola, Kazakstan, the Kazakstan State Investment Committee and the Mangistaumunaygaz oil and joint-stock company of Kazakstan signed contracts to extract carbonates from 15 oil and gas deposits in the Mangistau region of Kazakstan. [1/21 FBIS]

Jan. 17: The Kazak-US joint company Tengizchevroil's first train, carrying oil from Kazakstan's largest oil field in Tengiz, arrived in China. [1/21 FBIS]

Jan. 21: In Rabat, the Moroccan state-owned oil research office, Onarep, and Royal Dutch Shell's research affiliate signed a contract granting Shell offshore drilling rights in the Atlantic. [1/23 FBIS]

Jan. 29: Turkmenistan and the Ukraine signed an agreement, resolving a payment dispute, under which the Ukraine would buy 20 billion cubic meters of gas from Turkmenistan every year until 2005. [1/30 FT]

Feb. 3: The Moscow-based Interfax news agency reported that Russia's Gazprom had sold its ten percent stake in the Turkmenistan-AfghanistanPakistan gas pipeline consortium, Centgas. The US oil company UNOCAL bought a seven percent stake and now owns 54 percent of the consortium. [2/4 WSJ]

Feb. 10: In Akmola, the Kazakstani government announced that it had suspended privatization of the oil sector. …

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