Latest news
Russia and Ukraine seek a resolution for gas dispute
During a meeting between Russian and Ukrainian Presidents, Dmitry Medvedev and Viktor Yanukovych late on September 24, the countries discussed about a prior gas deal between the two partners, at which Ukraine tried to persuade Russia to change the terms of a gas supply deal between the two ex-Soviet nations, saying that it is paying too much under the current deal.
read more... 26/09/2011
Eni: major gas pipeline tranzaction
The Italian energy group, Eni said on Thursday that it had signed an agreement to sell to Belgian operator Fluxys G its stakes in the gas pipelines Transitgas and TENP.
read more... 23/09/2011
Poland eyes shale gas production from 2014
According to the Polish Minister, Donald Tusk, Poland may start to produce commercial shale gas as soon as 2014, move that could reduce its energy dependence on Russia. Moreover, the Prime Minister is confident that by 2035, Poland will be able to supply its internal market from its own source.
read more... 19/09/2011
Gazprom joints three major partners in South Stream gas pipeline
Three energy majors, Italy’s Eni, France’s EDF and Germany's Wintershall, have joined Russian energy giant, Gazprom as to build jointly the South Stream gas pipeline, which is aimed to transport Russian gas to Southern and Central Europe via the Black Sea and Bulgaria bypassing Ukraine.
read more... 19/09/2011
Ukraine in a hurry to import gas from Turkmenistan
In the wake of disputes between Russia and Ukraine, following Russian unwillingness to reduce prices for gas, Ukraine is looking to import natural gas supplies from Turkmenistan.
read more... 14/09/2011