Latest news
Timchenko’s Stroitransgaz set for 3.5 billion euro South Stream deal
A conglomerate run by Stroitransgaz, managed by Gennady Timchenko, an important businessman touched by U.S. sanctions, won a transaction of about 3.5 billion euro to construct a segment of the South Stream natural gas pipeline traversing Bulgaria, as stated by industry sources on Friday.
read more... 24/03/2014
Croatia to aid EU diversify energy supply options
Croatia is on the way to turn into a regional hub for energy production and transport, helping other EU members to diversify supply, according to the declaration made on Thursday by Alen Leveric, the deputy economy minister. EU leaders consider this move very important since they want to reduce reliance on Russian gas.
read more... 21/03/2014
Romania will raise gas prices in April
Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.
read more... 21/03/2014
Dutch Gasunie: Fluxys and OGE potential shareholders
Belgian pipeline operator Fluxys and Germany's Open Grid Europe (OGE) are seen as potential shareholders of Dutch Gasunie whether the parliament permits cross-shareholdings for network operators, as stated by Han Fennema, Gasunie's chief executive, on Wednesday.
read more... 20/03/2014
Italy: SNAM ready to export gas to Eastern Europe
Italy-based SNAM, one of Europe’s major gas transport companies, is prepared to convey imported gas to Eastern Europe starting from 2015 due to a new gas stream infrastructure, taking into consideration that Russian gas supplies to Europe are being threatened by the increasing crisis over Ukraine.
read more... 20/03/2014