Sinopec to pay compensation over pipeline blastChinese state-owned oil giant Sinopec will pay compensation over a November pipeline explosion at its facility in the city of Qingdao that killed dozens of people and caused losses of more than $100 million.
14 January 2014
Probe 'blames Sinopec, city for deadly China pipeline blast'An official inquiry blames China's state-owned oil giant Sinopec and local authorities in the city of Qingdao for a November pipeline explosion that killed 62 people, state media reported Thursday.
Gazprom launches South Stream construction in SerbiaConstruction began on Sunday for the Serbian stretch of Russia's South Stream pipeline which will bring Russian gas directly to Europe, making it less vulnerable to price disputes.
Third string of Kazakhstan-China pipeline to be launched in 2016We currently transport over 63 billion cubic meters of gas to China via two strings of this pipeline. Construction of the third string has started and it is scheduled to be launched in 2016: Sauat Mynbayev.
Samruk-Kazyna halves capacity of Kartaly-Astana gas pipelineThe number of users along the pipeline and regional networks are not large enough to consume this gas. That's why we had to slash the project from 6 to 3 billion cubic meters of gas: Bishimbayev.