Gazprom Takes 100% of WINGAS and its Fiber Optic Backbone throughout Germany

In late 2013, Wingas and Gazprom signed a Mas­ter Agree­ment to swap assets, which made WINGAS a whol­ly-owned sub­sidiary of Gazprom.  Not only does WINGAS con­trol a large por­tion of Ger­many’s nat­ur­al gas pipeline infra­struc­ture, but also an exten­sive net­work of fiber optic cables that run along its pipelines, which now amount to some 7,000 km worth (with 3,000 km of that actu­al­ly owned by WINGAS.  The ...

Myanmar-China Oil and Gas Pipeline Commences Operations

A ‘‘‘1.9 bil­lion twin pipeline that will ship oil and gas from Myan­mar to Chi­na began oper­a­tions in Octo­ber 2013 in south­west Chi­na, a cru­cial ele­ment in Chi­nese efforts to improve ener­gy secu­ri­ty as its econ­o­my con­tin­ues to grow.  The pipelines have a capac­i­ty of 440,000 bar­rels of crude a day and are expect­ed to send 12 bil­lion cubic meters of nat­ur­al gas annu­al­ly to Bur­ma and south­west ...

Strategic Energy Acquisition by CNOOC

The acqui­si­tion of Nex­en by CNOOC rep­re­sents the acqui­si­tion of strate­gic ener­gy assets in Cana­da as well as the Unit­ed States by Chi­na’s lead­ing state-owned enter­prise admin­is­ter­ing off­shore oil and oth­er ener­gy dis­cov­er­ies.  The acqui­si­tion pro­vides Chi­na con­trol over a sig­nif­i­cant por­tion of strate­gic Cana­di­an assets and ener­gy resources.