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Poland might extend new LNG terminal to equal half its annual consumption

Poland might increase storage at a new liquefied natural gas import terminal to equal half its annual consumption after observing huge interest in the market, as stated by the manager of its gas grid, since it wants to reduce reliance on Russian imports.

read more... 08/09/2014

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Slovakia: the pipeline to deliver gas from the EU to Ukraine has been opened

Slovakia launched a pipeline on Tuesday able to carry gas from the European Union to Ukraine, a connection that could potentially provide about 20 percent of the country's annual consumption since Kiev deals with a cut of Russia supplies ahead of winter.

read more... 03/09/2014

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Russia and Ukraine settle on gas negotiations on September 6

Russia's Energy Minister Alexander Novak declared on Monday that Moscow and Kiev have decided to hold a new round of negotiations to resolve a gas crisis on September 6.

read more... 02/09/2014

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Gazprom starts construction of the mega-pipeline to China

President Vladimir Putin supervised on Monday the beginning of construction on a giant pipeline that is likely to convey Russian gas to China of about $400 billion in the three decades after flows start in 2019.

read more... 02/09/2014

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Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations

Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.

read more... 28/08/2014

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