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South Stream gas transaction between Russia and Greece

On June 7, Greece's natural gas grid operator DESFA and Russia's Gazprom will sign an agreement in Moscow in order to construct the Greek section of the natural gas pipeline project, South Stream, led by Russia, estimated at 1 billion euros, according to an official’s statement on Monday.

read more... 25/05/2010

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Eni’s stake in GreenStream pipeline cut to 50%

The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

read more... 25/05/2010

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Kollsnes gas processing plant back to normal after yesterday leak

Kollsnes gas processing plant has resumed its activity at full capacity, after yesterday’s leak. Kollsness is a large gas processor, with about 40% of total Norwegian gas processing.

read more... 21/05/2010

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The cost of the South Stream project might be less than $25.41 billion

Sergei Kupriyanov, Gazprom's spokesman, announced on Friday that the Gazprom’s South Stream gas pipeline project is under construction and the cost will be less than 20 billion Euros ($25.41 billion).

read more... 17/05/2010

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Gas demand in Spain drops after 4-months recovery

On Thursday, Spain’s gas grid operator Enagas registered a 3.4% drop in April gas demand, compared to the same period in 2009, after four months recovery.

read more... 14/05/2010

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