Latest news
Qatargas increases LNG supplies to Japan
Qatargas, the largest producer of natural gas in the world with a production capacity of 42 million tonnes per year of LNG, announced that it has augmented its LNG supplies to Japan by 11 tonnes from the original 9 million tonnes in comparison to the autumn 2011, as a result of the nuclear disaster last year, when Japan had to shut down its entire nuclear energy sector, from which it was dependent for 30%.
read more... 17/09/2012
Nord Stream’s second line will be launched on October 8
The second line of the Nord Stream natural gas pipeline, which runs across the Baltic Sea connecting Russia’s North- West with Germany, will be commissioned by October 8, said in an interview in Sochi, the Russian President Vladimir Putin.
read more... 12/09/2012
China launched a second shale gas auction
China is supposed to hold the world's largest reserves of shale gas, which are trapped in rocks and require a technology called hydraulic fracturing.
read more... 10/09/2012
EU will investigate Gazprom in antitrust probe
The EU Commission said it would investigate into Russia’s major Gazprom with the intention of discovering whether the export monopoly Gazprom had blocked fair competition in the natural gas markets of Central and Eastern Europe. It said it would investigate if Gazprom was obstructing the free flow of gas across the EU countries and whether it erred in charging unfair prices to its customers through its oil-linked gas prices.
read more... 06/09/2012
Turkey looking for Turkmen gas for TANAP
Taner Yildiz, Turkish Minister for Energy, has said that Turkmenistan is likely to join Azerbaijan in supplying gas into the Trans-Anatolian Pipeline (TANAP) through Turkey to the EU border thus helping to reduce Europe’s reliance on Russian gas.
read more... 04/09/2012