Latest news
Russia: subsidiary of Gazprom wins South Stream tender in Serbia
Russian gas producer Gazprom declared on Tuesday its division, Tsentrgaz, had won a tender to construct the Serbian segment of the South Stream pipeline.
read more... 09/07/2014
Bulgaria on the point of nuclear agreement to reduce dependence on Russia
Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.
read more... 07/07/2014
Alstom to modernize the Russian electricity transmission and distribution grid
France’s Alstom, a world leader in transport infrastructure, power generation and electrical grid, has entered a 51/49 joint venture with Russia’s Soyuz Holding to manufacture and commercialize high voltage switchgear in order to modernize the Russian electrical grid. This agreement follows the memorandum of understanding signed in 2011.
read more... 26/06/2014
Vienna: OMV and Gazprom ink South Stream construction deal
Austria’s OMV and Russia’s gas giant Gazprom signed on June 24 an agreement envisaging the parties' cooperation in the construction of the South Stream gas pipeline, the Austrian section.
read more... 26/06/2014
Gazprom stands firm to $2 billion figure for Ukraine’s gas outstanding debt
The Russia’s natural gas conglomerate Gazprom stands firm to its position that Ukraine has to pay its outstanding debt of about $2 billion before Moscow will take up talks over new gas-supply terms.
read more... 25/06/2014