Latest news
The North Stream Project
Dmitry Medvedev, the Russian President, gave the start to the construction of an important gas pipeline that will bypass Ukraine, after the conflict caused by supply disruptions in the past. This project will give the chance to win an important gas market share in Europe.
read more... 14/04/2010
South Stream project: Eni and Gazprom agreement
On Monday, Italian oil and gas group Eni announced about its intention of accelerating the process of finalizing together with Gazprom the feasibility study and to begin the construction of the South Stream gas pipeline as soon as possible.
read more... 13/04/2010
SEE Acquisitions in gas sector.
Scottish & Southern Energy has agreed to purchase Hess Ltd assets in Northern Sea, consisting of 384 billion cubic feet of natural gas or 64 million barrels of oil equivalent and Central Area Transmission System (CATS) pipelines.
read more... 01/04/2010
Investment for the Nord Stream Natural Gas pipeline - the first phase.
Consortium Nord Stream, together with the shareholders - Gazprom, BASF / Wintershall GmbH, E. ON Ruhrgas AG, and NV Nederlandse Gasunie - have announced the successful achievement of fund raising for the first phase of a gas pipeline through the Baltic Sea. In the first phase, the total amount of funds increased to 3.9 billion euros, making possible the installing of the first pipeline as scheduled, in April 2010.
read more... 01/04/2010