Latest news
Greece reveals new projects to improve gas infrastructure
The Greek National Natural Gas System Operator (DESFA) announced a new 1.7 billion Euros investment plan which aims to increase domestic and industrial usage of natural. The objective is to augment the use of gas to 100% within the next 10 years, reducing oil consumption and lignite production. For this reason DESFA has launched many new projects.
read more... 25/09/2012
Russia to attract foreign investors to develop Arctic offshore shelf
The Russian government announced the new incentives to attract major investors in order to develop projects on the country’s Arctic offshore shelf, as well as in East Siberia.
read more... 24/09/2012
Gazprom and Centrica strike a 3 year gas supply contract
British utility Centrica has announced on Thursday that it has signed a 3 years gas supply contract with Gazprom Marketing & Trading, a UK registered wholly-owned subsidiary of Russian energy giant Gazprom. Under the deal, Gazprom will supply 2.4 billion cubic meters of natural gas starting from 2014.
read more... 21/09/2012
Eni made important gas discovery in Pakistan
Italian energy group Eni SpA announced it has made a significant gas discovery in Pakistan, in the Badhra Area B exploration concession, situated in the Khirtar Fold Belt region, 350 kilometers north of Karachi.
read more... 20/09/2012
France to close the door on shale gas exploration
Speaking at the opening of an environmental conference in Paris, the French President François Hollande announced he has rejected several applications to begin extracting natural gas and oil from shale using hydraulic fracking practice, which uses a high-pressure mixture of sand, water and chemicals to extract natural gas trapped in rocks.
read more... 18/09/2012