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Thursday, June 28, 2012

''Chevron Keeps Knocking at Turkmenistan’s Door''

looks like mother russia won.............From Eurasia Net

''Chevron, along with ExxonMobil, has had offices in Turkmenistan for years with the meager hope of finally persuading Ashgabat to give them some access to the country’s onshore gas fields, but no cigar to date.

With almost mocking insouciance, Turkmenistan continues trying to tempt its foreign suitors to bid for the licensed Caspian Sea hydrocarbon blocks up for tender.

Chevron has resisted that temptation, but it is now being linked to the pipeline project to transport gas through Afghanistan to Pakistan and India, known as TAPI.

People with historical knowledge of the Afghan pipeline will know that Chevron has some indirect experience with this project’s previous incarnation.

Unocal, which merged with Chevron in 2005, was the majority partner in a multinational consortium including Delta Oil Company of Saudi Arabia, Russia's Gazprom and Turkmenistan to build the pipeline in the 1990s. That idea was scuppered by the harsh realities of Afghan instability.

In a case of history repeating itself, the frontrunners in the proposed consortium to build TAPI reportedly include Chevron and Gazprom, as well as ExxonMobil. Other candidates cited in regional media include Indian state-owned gas processing and distribution company GAIL -- a detail just guaranteed to irk Pakistan.''

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