Latest news
Estonia purchases first gas from Lithuania, bypassing Russia
Estonia obtained its first natural gas from Lithuania, through Latvia, last week in a move which diminishes its energy reliance on Russia, as stated by Latvia's gas grid operator Latvijas Gaze on Monday.
read more... 09/12/2014
Ukraine to make prepayments for Russian gas by the end of the week
Ukraine it is ready to make an advance prepayment by December 7 for 1 billion cubic metric of Russian gas, said Ukrainian Energy Minister Yury Prodan.
read more... 04/12/2014
Ukraine gets 150 million euro loan from EIB to modernize its gas pipelines
Ukraine received a 150 million euro ($187 million) loan to modernize its section of the natural gas pipeline used to deliver gas from Russia to Europe.
read more... 03/12/2014
Russia to quit South Stream pipeline amid intensifying tensions with the West
Russia dropped the Gazprom’s South Stream pipeline project on December 1, blaming the European opposition to the South Stream plan and instead appointed Turkey as its favourite partner for an alternative project.
read more... 02/12/2014
Latvia’s gas utility expects monopoly loss after 2017 sector restructuring
Latvian gas utility Latvijas Gaze, possessed by Germany's E.ON and Russia's Gazprom, anticipates to lose its domination in a liberalization of the sector after 2017, according to its spokesman on Wednesday.
read more... 27/11/2014