Latest news
Centrica cancels two £1.5bn gas storage plants on weak British economy
Centrica, the owner of British Gas, unveiled that it intends to shelve two huge gas projects, representing a major blow for Britain’s energy security plans.
read more... 23/09/2013
Azerbaijan inks major gas deals with European buyers
Azerbaijan inked yesterday major contracts to deliver European buyers with gas, offering them an alternative supply source to Russia.
read more... 20/09/2013
Cyprus could become a natural gas hub by 2025
Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.
read more... 16/09/2013
EU MEPs postponed vote on fracking until October
The members of European Parliament have postponed the 11 September vote on whether to include shale gas fracking in an update of the EU Environmental Impact Assessment Directive.
read more... 16/09/2013
Europe and Asia to join efforts to drive down LNG prices
Gas buyers in Europe, Japan and other parts of Asia are joining forces to try to drive down prices of liquefied natural gas (LNG) and for more transparent LNG prices, which according to officials, are putting under threat the recovery in the European Union and growth in the Japan’s economy.
read more... 11/09/2013