gas

The concept proposes construction of a 1,300 km pipeline from the Bulgarian-Turkish border to Austrian city of Baumgarten and beyond

Nabucco Consortium Proposes 67% Cut in Pipeline Length

13:45 17/05/2012 MOSCOW, May 17 (RIA Novosti)

The Nabucco Consortium, which is developing the Nabucco gas pipeline, has presented a modified pipeline concept with one third the length of the original proposal to developers of Azerbaijan’s Shah Deniz II gas field, a possible core supply source for Nabucco, the consortium said on Thursday.

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Statoil Proposes 10% Cut to Shtokman Project Cost
14:05 14/05/2012
Norway's Statoil energy firm, a 24 percent shareholder in the big Shtokman gas project, is proposing a ten percent cut to project costs to make it more competitive in the global marketplace, Executive Vice President Peter Mellbye said on Monday.
Germany’s RWE Revises Nabucco Participation
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Germany’s second biggest utility RWE AG is reconsidering its participation in the Nabucco pipeline consortium as part of its cost-saving strategy, the Wirtschaftsblatt paper said quoting the concern’s statement.
Novatek Q1 Net Profit Rises 13.2% to $704 Mln
12:20 12/05/2012
Russia's largest independent gas producer Novatek saw its 2012 first quarter net profit grow 13.2 percent year-on-year to 21.245 billion rubles ($704 million) to IFRS, the company said in a statement late on Friday.
Russia, Japan in Building Gas Pipeline Talks
18:40 03/05/2012
Russia and Japan are in talks to build a gas pipeline from Russia to expand gas supplies to the Far Eastern country, Russian gas giant Gazprom said on Thursday.
Russian Press at a Glance, Thursday, May 3, 2012
08:21 03/05/2012
A brief look at what is in the Russian papers today
Russia Approves Gas Extraction Tax Hikes
16:37 02/05/2012
The Russian government has raised the gas extraction tax for Gazprom and lowered tax increases for the country’s independent gas firms for 2013-2015, Deputy Finance Minister Sergei Shatalov said on Wednesday.
Russia to Hike Industry Gas Tariffs by 15% in 2013 – Shuvalov
18:02 26/04/2012
The Russian government's budget projections commission has decided to raise gas prices for domestic industry by 15 percent in 2013, First Deputy Prime Minister Igor Shuvalov said on Thursday.
Ukraine to Triple Offshore Gas Output
16:41 26/04/2012
Ukraine plans to triple offshore gas production in the Black Sea from 1.1 billion cu m to 3 billion cu m, Energy and Coal Industry Minister Yuriy Boyko said in an interview with RBC Ukraine on Thursday.
Ukraine Blames Russian Gas Price for Low Healthcare Spending
13:25 23/04/2012
Exorbitant Russian gas prices are to blame for low healthcare spending in Ukraine, Ukrainian Prime Minister Mykola Azarov said on Monday.
Egypt Terminates Gas Deal with Israel
23:51 22/04/2012
The head of the Egyptian Natural Gas Holding Company said Sunday it has terminated its long-term contract gas deal with Israel because of violations of contractual obligations, Egypt’s daily al-Ahram reported.1
Gazprom, Novatek Sign LNG, Gas Production JV Deals
12:07 17/04/2012
Russian gas giant Gazprom and the country's largest independent gas producer Novatek signed a memorandum on Tuesday allowing them to set up joint venture companies to produce liquefied natural gas and develop gas fields on the Arctic Peninsula of Yamal.
Ukraine, Russia to Set Up Gas Refining JV
14:12 07/04/2012
Ukraine and Russia will establish a joint venture to produce machines for associated gas refining into synthetic fuel in the Samara region on Volga, Sergei Ryzhuk, governor of the Zhytomyr region in northern Ukraine, said on Saturday.
Ukraine Wants to Join Trans-Caspian Pipeline
14:11 04/04/2012
Ukraine is ready to join the future Trans-Caspian gas pipeline project which will deliver natural gas to Europe from the Caspian Sea region bypassing Russia, Ukrainian Prime Minister Mykola Azarov said on Wednesday.1
Kiev, Baku Ponder LNG Supply Venture
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Kiev is to carry out a feasibility study with Baku for a joint venture to supply Azerbaijani liquefied natural gas supplies to Ukraine, in a bid to diversify gas supply routes, Prime Minister Mykola Azarov said on Monday.
Ukraine and Germany in Talks over Tymoshenko Treatment in Germany
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Ukraine and Germany are in talks on jailed former Ukrainian Prime Minister Yulia Tymoshenko treatment in one of Berlin clinics, Ukrainian media reported on Sunday, quoting German news agency DPA.
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13:55 30/03/2012
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Kiev to Buy Reserve Gas, Sell to Europe – Paper
13:38 30/03/2012
Ukraine's national energy company Naftogaz will use a $2 billion loan from Gazprombank, the banking arm of Russia's gas giant Gazprom, to purchase additional gas for its gas storage facilities for future onward sale to Europe, Kommersant Ukraina business daily reported on Friday.
Gas Conflicts Between Russia and Ukraine
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14:33 26/03/2012
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