Latest news
Elering purchases from Fortum controlling stake in Estonian gas grid
Estonian electricity grid operator Elering AS will purchase a controlling stake of 27.5 million euros ($34.3 million) in the country's gas transmission system operator from Finnish utility Fortum, as stated by the companies on Monday.
read more... 11/11/2014
Shah Deniz II initial gas supplies to Europe in the first quarter of 2020
Europe will receive the first gas from Azerbaijan's Shah Deniz II project in the first quarter of 2020, as stated by BP spokesman on Friday.
read more... 10/11/2014
Croatia recommences arrangements for LNG terminal at KRK
Croatia has renewed a viability study for a liquefied natural gas (LNG) terminal on the island of Krk, the southern end of a gas pipeline corridor linking the country and Poland's Baltic port of Swinoujscie which should aid expand energy supplies for central Europe and reduce reliance on Russian imports, as stated by economy minister Ivan Vrdoljak on Tuesday.
read more... 06/11/2014
Ukraine: Naftogaz reimburses $1.45 billion to Gazprom
Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.45 billion to Russia's Gazprom, the first tranche of debt reimbursement required by an accord that will see Moscow restart gas supplies to its ex-Soviet neighbor.
read more... 05/11/2014
Poland: PGNiG agrees with Russia’s Gazprom on gas price reduction
Poland's top gas distributor PGNiG has agreed with its most important provider, Russia's Gazprom, a reduction in gas prices for the slighter supplies the Polish state-controlled firm was obtaining in September, as stated by a PGNiG official on Monday.
read more... 04/11/2014