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EBRD and EIB to allocate $308 million for Ukraine’s gas transport system reconstruction

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have signed a memorandum of understanding with Ukraine's national oil and gas company, NAK NaftoGaz, to allocate $308 million for the modernization of its obsolete gas transportation system.

read more... 25/07/2011

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Ukraine and Azerbaijan sign an agreement on LNG cooperation

The Ukrainian and Azerbaijani governments have signed on Friday two documents: a memorandum which has the goal to organize the LNG supplies to Ukraine and a collaboration agreement in the domain of oil transportation through the territory of Ukraine.

read more... 31/01/2011

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New Polish LNG terminal planned for 2014.

The building of the liquefied natural gas (LNG) terminal in Świnoujście, Poland will start at the end of March this year. The project is estimated to cost 2.9 billion polish zlotys and should be put into operation till mid-2014. The terminal should be connected to the transportation system in 2013, with a delay of one year after the terminal became operational from mechanic and technological point of view.

read more... 27/01/2011

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Israel seeks natural gas cooperation with Greece

After the recent natural gas discovery in the Leviathan field, Israeli officials faced several options for natural gas transportation.

read more... 25/01/2011

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