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Average price of Russian gas set to plummet by up to 35% this year

The price of Russian gas supplied to most of the European countries and Turkey could plummet by up to 35% in 2015, tracking lower oil prices, according to Russian newspaper Vedomosti.

read more... 16/02/2015

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Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015

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Supply squeeze to increase European gas price variability

Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.

read more... 11/02/2015

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Latvia intends to divide gas utility aiming to liberalize market

Latvia plans to split utility Latvijas Gaze next year, according to the economy minister on Friday, in order to be in line with EU liberalization efforts and with the aim to reduce dependence on Russian natural gas imports.

read more... 09/02/2015

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Russia: Gazprom reduces gas price for Ukraine in first quarter

Ukraine will pay less for Russian gas in the first quarter compared with the last quarter because of a drop in the price of oil, as stated on Tuesday by Sergei Kupriyanov, representative for state-owned gas producer Gazprom.

read more... 04/02/2015

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