Japan's Jera Co, the world's largest importer of liquefied natural gas (LNG), a joint venture between Tokyo Electric Power and Chubu Electric Power, intends to reduce the amount of gas it acquires under long-term agreements by 42 percent by 2030 from existing levels, as stated by the company's president.
read more... 16/08/2016
Russian giant Gazprom boosted gas volume to Europe by 49 percent to 58.1bn m³, an increase of 19bn m³ on 39.1bn m³ in January-March 2015. Revenues from those sales rose only 22%, as the average price declined.
read more... 11/08/2016
Polish state-run oil and gas conglomerate PGNiG declared on August 4 it had started supplying to ERU Trading, the biggest privately-owned energy trader in Ukraine and a unit of Energy Resources of Ukraine. Deliveries will go to provide natural gas to Ukrainian industrial users.
read more... 08/08/2016
Russian Energy Minister Aleksandr Novak declared that the negotiations with Turkey have restarted on the Turkish Stream natural gas project on Friday.
read more... 01/08/2016
The European Commission will give financial aid to the Trans Anatolian Pipeline project (TANAP) firm for its study and design of commercial operations and its asset integrity management systems, as stated by the company on Thursday.
read more... 29/07/2016