Latest news
France: a new method of shale gas extraction was proposed
France might be interested in testing a new technique of shale gas extraction with non-flammable propane, which has still to be confirmed as a secure and efficient one. Even though the exploitation of shale gas is prohibited in France, the Minister for Industrial Renewal, member of President Francois Hollande's Socialist Party, Arnaud Montebourg, has recently announced that he is in favor of extracting shale gas with the help of a new method of extraction, an experimental type of “clean fracking” which employs fluoropropane.
read more... 13/02/2014
British Gas on risk to be split up on excessive profit margins
British Gas former monopoly is under threat to be split up to put a cap on excessive profit margins charged by UK’s largest gas supplier, according to a declaration made by Energy Secretary Ed Davey.
read more... 12/02/2014
Italian consortium to build a LNG terminal in the port of Monfalcone
A consortium of Italian companies is eyeing developing a liquefied natural gas (LNG) terminal in northeastern Italy, move which will help to decrease their energy costs.
read more... 11/02/2014
Gazprom remains the leading natural gas provider in Turkey
Russian energy giant Gazprom is the top provider of natural gas to Turkey, after the energy-hungry Turkey imported more than half of its gas needs from the Russian company last year.
read more... 04/02/2014
China increased its imports of natural gas in 2013
China’s natural gas imports have been boosted in latest years as a result of growing demand, since the country is trying to decrease its fossil fuel consumption and improve air quality. China saw its total volumes of imported natural gas increasing by 25 % year on year in 2013.
read more... 04/02/2014