Latest news
Ukraine: Naftogaz announces that Gazprom intends to end compensation contract
Naftogaz, Ukraine's gas firm owned by state, declared on Thursday Russia's Gazprom desires to stop a contract which compensates Ukraine if it necessitates to utilize its gas to meet further demand from Europe.
read more... 20/06/2014
Plan for two LNG terminals in Finland and Estonia rejected by EU Commission
Finland and Estonia will have to go back to the drawing board with a mutual gas terminal project after the European Commission made known that a designed two-terminal model would not be qualified for subsidies, as stated by the Finnish government.
read more... 19/06/2014
Statoil discovers more gas off Tanzania
Norway's Statoil declared on Wednesday it had discovered more gas off Tanzania, increasing possibilities that a projected liquefied natural gas (LNG) plant could be larger than originally intended.
read more... 19/06/2014
EIB to back extension of Polish gas pipeline
The European Investment Bank (EIB) will lend 98 million euros (PLN 410 million) to the Polish gas transmission operator GAZ-SYSTEM S.A. for the extension of a gas pipeline in western Poland, from Lwowek to Odolanow.
read more... 18/06/2014
UK and China sign a milestone LNG deal
China National Offshore Oil Corporation (CNOOC) signed on Tuesday a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
read more... 18/06/2014