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GDF Suez-the new stakeholder in Nabucco West

The French energy giant GDF Suez is the new stakeholder in Nabucco Gas Pipeline International consortium, after having bought a 9 percent stake in the project.

read more... 29/05/2013

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UK was 6 six hours distance from finishing its gas supplies in March

At the end of March this year the reserves of natural gas detained in storage were at one of their lowest level, due to an unusually cold winter and intensified problems at a processing plant in Norway with flows of gas supplies to Britain via the Langeled pipeline which fell significantly, along with other supplies from Belgium, being just six hours away from finishing its gas supplies.

read more... 27/05/2013

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Norway to delay gas tariff cuts amid major protests

Norway, which is Western Europe’s biggest gas exporter, has delayed its plans to cut tariffs on natural gas transported via the Gassled pipeline network, following protests coming from investors in the country’s pipeline system.

read more... 16/04/2013

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Austrian OMV bought shares in Nabucco gas pipeline

Austrian OMV has acquired shares in the Nabucco West gas pipeline project from German RWE on 14 April. Both RWE and OMV have confirmed the deal but they didn’t provide any other information.

read more... 15/04/2013

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Gazprom and Gasunie to extend Nord Stream to the UK

Russia’s gas giant Gazprom and the Dutch major Gasunie have inked a letter of intent as to explore the potential expansion of the Nord Stream pipeline to Britain.

read more... 10/04/2013

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