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Bulgaria eyes to receive additional gas from Azerbaijan
Bulgaria is interested in additional gas supplies from Azerbaijan, Bulgarian Prime Minister Boyko Borisov told reporters, Azernews informed. Borisov noted that during the meeting with President of Azerbaijan Ilham Aliyev, the issue of the construction of an interconnector for connecting to the TAP for the delivery of 1 billion m3 of gas to Bulgaria was discussed.
read more... 18/03/2019
TANAP to be ready for gas supplies to Europe in July
If everything goes in accordance with the schedule, The Trans Anatolian Natural Gas Pipeline (TANAP) will be ready for gas supplies to Europe in July 2019, Saltuk Duzyol, head of TANAP consortium said.
read more... 13/03/2019
Daily (28.02.2019): WTI futures hiked by 2.6% on Wednesday, amidst a sharp drop in U.S. crude stockpiles
Oil prices climbed on Wednesday after U.S. data showed a sharp drop in crude stockpiles. Moreover, OPEC continues to cut oil supplies. Brent oil surged by 1.8% to 66.39 USD/bbl, while WTI futures was 2.6% up at 56.94 USD/bbl.
read more... 28/02/2019
Gazprom brings energy security of Kaliningrad Region to new level
Gazprom makes comprehensive efforts to improve the reliability of gas supplies to the Kaliningrad Region. Gazprom carried out an alternative gas supply project focused on LNG deliveries by sea. A gas receiving terminal based in the Baltic Sea and onshore was built in the Kaliningrad Region.
read more... 10/01/2019
Daily (26.11.2018): Brent crude lost 6.1% on Friday, on worries about oversupply
Concerns over abundant crude supplies and a deceleration in world economic expansion put heavy pressure on oil prices on Friday. Moreover, global equity markets plunged as well. Brent crude tumbled to $58.8 a barrel, posting a 12% loss week-on week. Meanwhile, WTI crude prices fell to $50.42 a barrel, or a 11% decline for the week.
read more... 26/11/2018