Latest news
Russia intensifies pressure on Ukraine with gas price increase
A raise of about 40% in the gas price for Ukraine has been announced on Tuesday by Russian natural gas producer Gazprom, escalating financial pressure on Kiev in its confrontations with Moscow.
read more... 02/04/2014
European shale gas could represent a real manna in context of growing tensions with Russia
The European political leaders are encouraged to develop the indigenous shale gas deposits in the regions as Europe is eyeing reducing its reliance on Russian natural gas amid intensifying tensions in Russia.
read more... 31/03/2014
Spain might be entryway for gas to Europe
Europe’s reliance on Russian gas supplies might be reduced with the help of Spain’s complex gas infrastructure at the time when the plans to transport gas across the Pyrenees will turn into reality, as stated on Thursday by Antoni Peris, the chairman of the Spanish gas association.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
Ukraine: LNG markets might be tightened in case of gas disruptions
Global liquefied natural gas (LNG) markets would be tightened by disruptions to Russian gas supplies via Ukraine since southern Europe should compete with Asia for LNG in order to satisfy demand, according to Wood Mackenzie consultancy on Monday.
read more... 25/03/2014