Iran has developed a plan to launch a new pipeline, aiming to boost gas supply to the Caspian Sea provinces and cut dependency on gas imports from Turkmenistan, the Mehr News Agency quoted National Iranian Gas Company’s Managing Director Javad Owji as saying.

• November 27, 2012

BP and Gazprom are reportedly in “early” talks about extending the Nord Stream pipeline which could pump Russian gas directly to the UK by 2016. BP’s Director for Russia David Peattie told the Daily Mail the deal could be signed in the middle of next year.

• November 26, 2012

Iranian President Mahmud Ahmadinejad has vowed to complete the Iran-Pakistan (IP) gas pipeline project by 2014 despite United States opposition. Ahmadinejad, who attended the summit of the Developing-8 (D-8) countries held in Islamabad last week, told a press conference in Islamabad that Iran was extending financial assistance to Pakistan to help towards completion of the project.

• November 26, 2012

Turkey is yet to give up on a project to construct a nuclear power plant just several kilometers away from its border with Bulgaria, a Turkish official has suggested.

• November 24, 2012

Turkmen natural gas is being supplied to Iran on the basis of existing long term contracts, Turkmengaz state concern said on Friday.

• November 16, 2012

Georgian Energy and Natural Resources Minister Kakha Kaladze met with his Turkish counterpart Taner Yildiz in Turkey.

• November 16, 2012

Iranian Oil Minister Rostam Qasemi said on Wednesday that Iran has stopped importing natural gas from Turkmenistan, the Mehr News Agency reported.

• November 14, 2012

Iran will build four oil tankers and invest in a number of oil refining projects in Venezuela, the Fars News Agency reported on Monday.

• November 13, 2012