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Gazprom gas prices for Europe could be reduced by 17% by 2017

Gazprom’s natural gas prices under long-term contracts with European countries are expected to be curbed by 17% to $320 per 1,000 cubic meters by 2017 thanks to gas supply diversification, including shale gas production, according to the declarations made by a representative of Russia’s Economic Development Ministry.

read more... 15/07/2014

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China and Russia to ink a $1.6 bln deal on Siberian LNG Project

A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.

read more... 14/07/2014

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Croatia is on track to become a regional energy hub

Croatia has all the chances to become a regional energy hub, ensuring energy supplies in the area by diversifying supply options for the European countries and permitting them to reduce their grip on Russian gas, reiterated U.S. Assistant Secretary of State Victoria Nuland.

read more... 14/07/2014

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Serbia inks a 2.1 billion euro contract with Gazprom to build South Stream section

The Russian natural gas giant Gazprom announced that its Serbian subsidiary Centrgaz wil be responsible for buiding the South Stream natural gas pipeline in the country. The move came after its subsidiary had won a tender for the construction of the pipeline in Serbia.

read more... 11/07/2014

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Serbia: gas prices to increase in August

Serbian energy regulator AERS made known on Wednesday it has agreed on average raises in retail gas prices of about 1.3 percent for households and up to 1.4 percent for businesses as of August.

read more... 10/07/2014

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