Latest news
Russian gas supplies returning to normal levels in the most European states
Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.
read more... 07/02/2012
Reactions after S&P downgraded euro zone countries ratings
On Friday, Standard & Poor downgraded the triple-A ratings of nine euro zone countries, with France and Austria among them. Following are reactions from euro zone governments to the decision.
read more... 19/01/2012
Slovakia officially completed a gas reverse flow project
Slovakia’s gas transmission system operator Eustream announced on Wednesday that it had successfully completed a project worth more than €1 million aimed to reverse natural gas flow from the Czech Republic and Austria to Slovakia, thereby diversifying gas supply transmission routes.
read more... 01/12/2011
Czech Republic considerably reliant on nuclear power
The government of the Czech Republic is planning to expand its atomic power at the Temelin nuclear plant, near the Austrian border and at the Dukovany plant and is also planning on building a new string of nuclear plants over the coming decades at three different locations.
read more... 11/10/2011
Nabucco’s future dependent on Azerbaijan
In the article entitled “Nabucco Pipeline’s Fate Hinges on Azerbaijan”, published by The Wall Street Journal, the author relates that the fate of the Nabuccco pipeline, which will be able to carry 31 billion cubic feet per year of gas linking the Caspian to Austria by traversing the heart of Turkey proposed in 2002, may depend on Azerbaijan.
read more... 03/08/2011