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Centrica strikes a £4.4bn LNG deal with Qatar

Centrica, the company parent of British Gas, has inked a four-and-a- half agreement with Qatargas, implying the purchase of liquefied natural gas (LNG) from Qatar to supply three million British households(13% of the UK’s gas needs).

read more... 07/11/2013

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Spain to draft a reform of distorted natural gas market

Spain is envisaging a reform of its natural gas sector as part of tough austerity measures, aimed at halting incipient losses incurred by the state from triggering into a multi-billion-euro debt.

read more... 06/11/2013

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Gazprom starts South Stream construction works in Bulgaria

Gazprom has started the construction of the Bulgarian section of the South Stream pipeline. The pipeline will go from Russia to Bulgaria through the Black Sea, and in Bulgaria it will divide in two, with the northern leg going through Serbia, Croatia, Hungary, and Slovenia to Austria and Northern Italy, while the southern leg going through Greece to Southern Italy.

read more... 04/11/2013

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Public Health England: Shale gas is almost innocuous

According to a Public Health England (PHE) report, shale gas extraction represents a low risk to public health if it was properly managed and regulated.

read more... 01/11/2013

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Ukraine and Chevron to collaborate in developing shale gas

Ukraine's government has approved on Tuesday a Production Sharing Agreement (PSA) with Chevron Corp. to explore and develop shale-gas deposits in the Lviv region. The objective is to reduce reliance on Russian gas as they thought that the price they pay for Russian gas is too high. The PSA would be signed on November 5 on the sidelines of an international economic forum in Kyiv.

read more... 31/10/2013

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