Latest news
Novatek in talks with Germany and other EU countries
Novatek OAO, Russia's largest independent gas producer is in talks to enlarge its gas trading operations in Germany and other European countries, becoming the first Russian company to face Gazprom’s export monopoly. Novatek has already signed a contract with German utility EnBW to provide with 2 billion cubic meters of natural gas per year from October 2012 for a 10 years period.
read more... 31/10/2012
Novatek will sell natural gas to Germany’s EnBW
Russia’s second largest gas company Novatek has confirmed that it has entered in a long-term gas supply deal with Germany’s third largest electric utility Energie Baden-Württemberg (EnBW). Under the new contract, Novatek will supply about 2 billion cubic meters of gas per year to EnBW starting in October 2012 and for the next ten years to follow.
read more... 15/08/2012
Germany: Energie Baden- Württemberg to sign a gas deal with a foreign company
The German utility Energie Baden- Württemberg (EnBW) has signed a long-term gas supply contract with an unidentified foreign gas producer, deal which will take effect from October 2012. The gas supply contract has a run time of at least 10 years, with the gas delivered for an annual cost of approximately €600 million.
read more... 17/07/2012
German energy retail trend
Germany's retail electricity prices continue to rise, according to latest data from major south-western utility EnBW.
read more... 19/06/2012
ENBW will invest over $3 billion euro in Turkish energy sector
German power utility ENBW, the third main energy supplier, is ready to invest together with its Turkish partner, Borusan Group, 3-3.5 billion euros in Turkish energy sector.
read more... 07/06/2010