Latest news
Azeri Socar could diminish its 58% stake in Tanap pipeline project
Azeri state energy firm SOCAR could diminish its stake in the multi-billion dollar Trans-Anatolian natural gas pipeline project (TANAP), intended to decrease Europe's dependence on Russian gas, according to SOCAR's president.
read more... 03/06/2014
Spain: Iberdrola signed LNG contract estimated at $5.6 bln
Spanish power firm Iberdrola declared on Friday it had signed with Cheniere Energy Inc a liquefied natural gas (LNG) sale and acquisition deal estimated at $5.6 billion for a period of 20 years.
read more... 02/06/2014
Turkey: TPAO to purchase Total’s stake in Shah Deniz gas project
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
E.ON and Rasgas sign LNG supply agreement into UK
Britain might obtain more liquefied natural gas (LNG) from the world's major producer Qatar under an agreement inked by utility E.ON on Wednesday, highlighting increasing reliance on the Gulf State since native North Sea reserves disappear.
read more... 29/05/2014
Russia’s Stroitransgaz to construct South Stream traversing Bulgaria
Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).
read more... 28/05/2014