Latest news
EIB to back extension of Polish gas pipeline
The European Investment Bank (EIB) will lend 98 million euros (PLN 410 million) to the Polish gas transmission operator GAZ-SYSTEM S.A. for the extension of a gas pipeline in western Poland, from Lwowek to Odolanow.
read more... 18/06/2014
Bulgaria is not abandoning South Stream pipeline project
Bulgaria has not renounced the intention to construct the South Stream pipeline to supply Europe with Russian gas and considers that the project managed by Gazprom will be finished once problems over its structure are fixed, as stated by Energy Minister Dragomir Stoynev on Monday.
read more... 10/06/2014
Total and E.ON to abandon a pipeline to convey Azeri gas to Italy
France's Total and Germany's E.ON intend to exit the Trans Adriatic Gas Pipeline (TAP) to convey Azeri gas to Italy, since decreasing Italian demand puts energy projects into doubt, according to Vagif Aliyev, SOCAR's investment department manager at Azeri SOCAR.
read more... 04/06/2014
Azeri Socar could diminish its 58% stake in Tanap pipeline project
Azeri state energy firm SOCAR could diminish its stake in the multi-billion dollar Trans-Anatolian natural gas pipeline project (TANAP), intended to decrease Europe's dependence on Russian gas, according to SOCAR's president.
read more... 03/06/2014
Russia’s Stroitransgaz to construct South Stream traversing Bulgaria
Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).
read more... 28/05/2014