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Russia: Novatek will increase gas resources to preserve output, stabilize market share

Novatek, Russia's biggest non-state natural gas producer, is seeking to increase its resource base to keep gas production and maintain stable its domestic market share, as stated on Friday by Leonid Mikhelson, the manager of the company.

read more... 24/04/2017

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Vitol inks multi-year agreement to acquire LNG from Gazprom trading division

Trading house Vitol inked on Thursday a multi-year deal to acquire 300,000 tonnes of liquefied natural gas (LNG) from Gazprom Marketing & Trading Singapore from 2018.

read more... 21/04/2017

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LitPol power link to be employed for electricity trade with Sweden

The LitPol Link electricity interconnection between Poland and Lithuania will be ready to be used for electricity trade between Sweden and Lithuania starting from July 2017.

read more... 19/04/2017

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The UK could deliver 1GW of new onshore wind without pushing up the prices for power

According to a study realized by Scottish Renewables the UK could deliver 1GW of new onshore wind without pushing up the prices for power which could cover a supplementary annual demand of 600.000 homes.

read more... 13/04/2017

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Denmark pledges to amend the law on Russian North Stream 2 gas pipeline

Denmark's government finds itself trapped in the middle of a geopolitical conflict as Russian state gas exporter Gazprom and its partners behind Nord Stream 2 pipeline project are looking for approval to pump more gas to Europe via the Baltic Sea to Germany.

read more... 10/04/2017

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