International tender on PVC plant
Iran is in the final stage of an international tender on the establishment of a 300,000-ton-a-year plant to produce polyvinyl chloride, or PVC, Mohammad-Reza Nematzadeh, head of the state National Petrochemical Co., has said.
Venezuela to develop LNG project
Venezuela has signed an agreement with an Anglo-Dutch company and another firm from Japan to start developing a USD 2.7 billion liquefied natural gas (LNG) project which aims to make the oil-rich nation a net gas exporter by 2007.
Sino-russian pipeline deal
China and Russia are expected to sign an oil-pipeline agreement involving investment of up to USD 2.5 billion for a 25-year deal.
LNG terminal for southern Italy
The BG Group (Reading, UK) has gained approval to construct and operate a USD 330 million liquefied natural gas (LNG) import terminal in Brindisi port, on the SE coast of Italy.
UK south coast power plant
The UK has US energy firm Aquila permission to a build an 860-MW gas-fired power station at Marchwood near Southampton on England's south coast.