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European sanctions against Russia could deviate the expected course of South Stream, Yamal LNG

The European Union’s envisaged sanctions against Russia could delay the development of South Stream and Yamal LNG projects.

read more... 25/07/2014

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Cost of South Stream gas pipeline section in Serbia rises by 24%

The cost of planned South Stream gas pipeline section in Serbia has soared as much as 24 percent since November 2013, hitting a total amount of EUR 2.1 billion compared with the cost of EUR 1.7 billion estimated by the Russian energy minister Alexander Novak in November 2011.

read more... 22/07/2014

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EDF inks 20 year LNG deal with U.S. Cheniere Energy

French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.

read more... 21/07/2014

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China is eyeing the construction of a floating liquefied natural gas vessel in South China Sea

China’s energy conglomerate CNOOC is considering the possibility of erecting a floating liquefied natural gas (FLNG) vessel, a revolutionary technology that will be able to produce gas from the deep waters of the South China Sea.

read more... 17/07/2014

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Gazprom and Iran to set a joint committee in gas sector

Iran and Russia, two of the world’s largest holders of natural gas, have decided to boost cooperation in the sector.

read more... 16/07/2014

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