CentGas
Encyclopedia
Central Asia Gas Pipeline, Ltd. (CentGas) was a consortium formed in the 1990s to develop a project to build the Trans-Afghanistan Pipeline
from Turkmenistan
's natural gas
fields to Pakistan
. The consortium had also considered an extension of the pipeline to the New Delhi
area. Regional and political instability proved too great a challenge to overcome and the project eventually was cancelled after Unocal (the largest CentGas investor) withdrew from the consortium.
In June 1998, Gazprom relinquishes its 10% stake in the CentGas pipeline project. On 8 December 1998, Unocal announced that it was withdrawing from the CentGas consortium.
Trans-Afghanistan Pipeline
The Trans-Afghanistan Pipeline is a proposed natural gas pipeline being developed by the Asian Development Bank. The pipeline will transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and then to India. The abbreviation comes from the first letters of those...
from Turkmenistan
Turkmenistan
Turkmenistan , formerly also known as Turkmenia is one of the Turkic states in Central Asia. Until 1991, it was a constituent republic of the Soviet Union, the Turkmen Soviet Socialist Republic . Turkmenistan is one of the six independent Turkic states...
's natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
fields to Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
. The consortium had also considered an extension of the pipeline to the New Delhi
New Delhi
New Delhi is the capital city of India. It serves as the centre of the Government of India and the Government of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi. It is one of the nine districts of Delhi Union Territory. The total area of the city is...
area. Regional and political instability proved too great a challenge to overcome and the project eventually was cancelled after Unocal (the largest CentGas investor) withdrew from the consortium.
Consortium group members
The consortium was led by Union Oil Company of California (Unocal) and Delta Oil Company of Saudi Arabia. Original members of Cent Gas were:- Unocal Corporation - one of the world's leading energy resource and project development companies
- Delta Oil Company (Saudi Arabia) - privately owned by Badr M. Al-Aiban
- GazpromGazpromOpen Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...
(RussiaRussiaRussia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
) - Government of Turkmenistan; Turkmenrusgas
- Indonesia Petroleum, Ltd. (INPEX)Inpexis a Japanese oil company established in 1966 as North Sumatra Offshore Petroleum Exploration Co., Ltd.In 2006, INPEX acquired Japanese oil company Teikoku Oil.- Projects :...
(Japan) - ITOCHU Oil Exploration Co., Ltd.ITOCHU, until 1992 "C. Itoh" in English, is a Japanese general trading concern based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It has a common origin with Marubeni Corporation. Itochu is a Fortune 500 company.-History:...
(CIECO) (JapanJapanJapan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
) - Hyundai Engineering and ConstructionHyundai Engineering and ConstructionHyundai Engineering and Construction Co., Ltd. is a major construction company in South Korea which has carried out projects not only in Korea but around the world. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company, and was a major component of the Hyundai Group...
(South KoreaSouth KoreaThe Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
) - among top global general contractors - Crescent Group (PakistanPakistanPakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
) - premier industrial and financial conglomerate in Pakistan
In June 1998, Gazprom relinquishes its 10% stake in the CentGas pipeline project. On 8 December 1998, Unocal announced that it was withdrawing from the CentGas consortium.