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Japan to import GNL from U.S

Japan, which is the world’s largest importer and consumer of natural gas, expects to import 15 million tons of LNG from US starting from 2016, time when U.S. lifts restrictions on exports to the world's biggest LNG buyer. Japan's LNG imports began rising at a record pace in 2011 in the wake of the Fukushima radiation crisis.

read more... 29/06/2012

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Turkey and Azerbaijan to build the TANAP gas pipeline

Turkey and Azerbaijan signed an agreement for the construction of a new pipeline, called Trans-Anatolia Gas Pipeline (TANAP), which would transport gas from Shah Deniz II fields in the Caspian Sea across Turkey and would become part of the basis of a new Southern Corridor gas route to European markets.

read more... 28/06/2012

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Gazprom strikes a deal with Israel to develop gas reserves

During a meeting between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu on Monday, the Russian gas giant, Gazprom agreed to open a subsidiary in Israel that will help to develop large offshore gas reserves.

read more... 27/06/2012

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Eni and Rosneft sign strategic agreements to explore fields in Black Sea and Barents Sea

Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today to jointly explore fields in Russian sections of the Black and Barents Seas.

read more... 25/06/2012

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Statoil: Valemon steel jacket completed

The Norwegian oil major confirmed on Tuesday that the operation in the North Sea to install the 9,000 ton steel jacket was completed as scheduled and that the project remains on time.

read more... 20/06/2012

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