Latest news
IEA: has predicted in-creased prospect in the coming five years.
According to a new report of IEA(Medium-Term Gas Market Report 2012 ) China will become the third largest gas importer behind Europe and Asia Oceania. While the U.S. will continue to take advantage from the lower prices of unconventional gas revolution.
read more... 12/06/2012
Italy to reconsider 2010 offshore drilling ban
The Italian government is expected to repeal a ban on offshore oil and natural gas drilling enacted in the wake of the 2010 oil spill in the Gulf of Mexico, an official said.
read more... 06/06/2012
IEA: Russia could lose the global natural gas market leadership in favor of the United States
According to the International Energy Agency (IEA) released report, the United States is set to overtake Russia as the world’s largest national gas producer in 2017.
read more... 05/06/2012
Nabucco West - a new alternative to Nabucco pipeline
The Nabucco Consortium has submitted a proposal to the Shah Deniz II consortium for the construction of a modified concept of the Nabucco pipeline, called “Nabucco West”.
read more... 30/05/2012
North Stream Line 1 delivers gas at full capacity
The first line of Russia’s Nord Stream gas pipeline, which lays across the Baltic Seabed to Germany, has reached its full operating capacity, according to a Gazprom official declaration.
read more... 24/05/2012