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Russia: Yamal LNG will obtain state support of 150 billion roubles in first quarter

A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.

read more... 19/12/2014

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Egypt inks its first shale gas deal with Apache, Shell

Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.

read more... 18/12/2014

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Portugal: EDP vends several Spanish gas assets for 236 million euros

EDP-Energias de Portugal Spanish division Naturgas decided to vend natural gas distribution assets in three Spanish districts to Redexis, a holding firm of Goldman Sachs Infrastructure Partners, for 236 million euros ($295 million), as stated by EDP on Tuesday.

read more... 17/12/2014

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Bidding rules for Slovak-Hungarian gas connection capacity to be modified

Slovak gas pipeline operator Eustream declared on Monday that rules for the open season system for a connection between Slovakia and Hungary would be considerably changed because of circumstances outside the control of the organizing operators.

read more... 16/12/2014

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Russia: Gazprom will think about vending stake in Finnish utility Gasum

Russia's major natural gas producer Gazprom declared on Friday its board would talk about the possibility of the firm getting rid of its stake in Finnish gas utility Gasum.

read more... 15/12/2014

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