Italy's Eni won a milestone agreement with Russia's Gazprom that leave behind a 50-year old mechanism of indexing gas supplies to oil prices, fixing up a model other European purchasers might be able to apply in talks.
read more... 26/05/2014
Gazprom's trading division GMT signed an agreement on Friday with Russia's second-major gas producer Novatek to purchase 3 million tonnes of liquefied natural gas per year from the Yamal project.
read more... 26/05/2014
Argentina will receive liquefied natural gas (LNG) cargoes from Houston-based Excelerate Energy, Swiss trader Vitol and Russia's Gazprom Marketing and Trading over the next months, according to trade sources.
read more... 23/05/2014
China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.
read more... 22/05/2014
The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.
read more... 20/05/2014