Latest news
Romania – future joint member of South Stream gas pipeline project
Gazprom will keep financing the South Stream gas pipeline project, which has to be ready until 2015, according to Gazprom Chief Executive Alexei Miller.
read more... 14/10/2010
Russia will spend more than $400bln in gas sector investment
Russia is ready to invest $493 billion in its gas sector, in order to increase the gas production to one trillion cubic meters per year from 650 bcm per year by 2030, according to Gazprom CEO Alexei Miller.
read more... 13/10/2010
Azerbaijan delays decision for Shah Deniz II gas fields.
Nabucco, the pipeline that should ensure supply of natural gas to the EU, will be delayed as Azeri take longer than expected to make a decision in which project should extract gas from the Shah Deniz II.
read more... 11/10/2010
Argentina builds second LNG port.
Argentina decided to build its second Liquefied Natural Gas (LNG) port, therefore to double its import capacity, as it’s seeing growing demand and decreasing production. The deal has been made between Excelerate Energy and Argentina's state-owned utility Enarsa.
read more... 04/10/2010
Nabucco encounters competition for Azerbaijan gas.
The talks with Baku for turn out to be more complicated than first estimated as the Azeri government declared that the contract will go to whoever offers the highest price.
read more... 04/10/2010