Latest news

China to double natural gas consumption by 2015

The Chinese government has announced last month a new plan which deals with the air pollution problem. China intends to reduce the consumption of fossil fuels in its energy mix to below 65% by 2017, while in 2012 it recorded 66.8%.

read more... 30/10/2013

news

Singapore eyes becoming Asia’s LNG hub

Singapore eyes becoming Asia’s new liquefied natural gas (LNG) trading hub, with the city hoping to take the lead in the region. Moreover, it is taking steps to make this dream come true by the end of the year.

read more... 29/10/2013

news

Russian Novatek launches gas production at Urengoyskoye field

Russian independent natural gas producer Novatek unveiled it begun the production at the Urengoyskoye field at company’s Olimpiysky license block, in the Yamalo-Nenets region.

read more... 28/10/2013

news

Croatia, Hungary and Ukraine to create their own gas corridor

Ukraine, Croatia and Hungary aim to build their own corridor expanding gas pipelines networks. The construction of this corridor will start next year. This gas corridor is planned to be linked to the Trans-Adriatic Pipeline, which is likely to carry Shah Deniz gas to Europe through Turkey. The parts have already reached an agreement on passing of natural gas through all three countries.

read more... 25/10/2013

news

Total to explore offshore gas field in Argentina

A consortium led by the French energy giant Total, with German firm Wintershall and Pan America Energy from Argentina will invest USD 1 billion (EUR 725.1m) to develop the Vega Pleyade offshore deep water natural gas field off the southern coast of Argentina.

read more... 25/10/2013

news