Latest news
Gazprom expects a drop in gas exports to Europe
Russia's major natural gas producer Gazprom anticipates a drop in gas exports to Europe to 157 billion cubic metres (bcm) or less than intended, as stated by a company representative on Thursday.
read more... 12/09/2014
Poland would like to import natural gas from United States, Canada
Poland is searching for partners in the United States and Canada from whom it could import liquefied natural gas (LNG) for its terminal scheduled to start its operations next year, as stated by Polish Deputy Economy Minister Ilona Antoniszyn.
read more... 11/09/2014
Poland might extend new LNG terminal to equal half its annual consumption
Poland might increase storage at a new liquefied natural gas import terminal to equal half its annual consumption after observing huge interest in the market, as stated by the manager of its gas grid, since it wants to reduce reliance on Russian imports.
read more... 08/09/2014
Poland-Lithuania gas connection to be postponed until end-2019
A gas pipeline between Poland and the Baltic states will be finished by the end of 2019, a year later than originally intended because of deferred financing decisions, as stated by the Lithuanian gas transmission operator Amber Grid on Thursday.
read more... 05/09/2014
Exxon and Petrom will have to invest $4-5 billion if gas discovery in the Black Sea is confirmed
Romania's major oil and gas conglomerate Petrom and U.S. top oil company ExxonMobil will have to invest $4-5 billion in the extraction of gas from a Black Sea field, in case additional data confirms their discovery, according to the statement made by President Traian Basescu on Wednesday.
read more... 04/09/2014