The European political leaders are encouraged to develop the indigenous shale gas deposits in the regions as Europe is eyeing reducing its reliance on Russian natural gas amid intensifying tensions in Russia.
read more... 31/03/2014
Europe’s reliance on Russian gas supplies might be reduced with the help of Spain’s complex gas infrastructure at the time when the plans to transport gas across the Pyrenees will turn into reality, as stated on Thursday by Antoni Peris, the chairman of the Spanish gas association.
read more... 28/03/2014
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
Global liquefied natural gas (LNG) markets would be tightened by disruptions to Russian gas supplies via Ukraine since southern Europe should compete with Asia for LNG in order to satisfy demand, according to Wood Mackenzie consultancy on Monday.
read more... 25/03/2014
Turkey’s DenizBank lender, owned by Russia, is in negotiations with Azeri state-owned oil firm SOCAR over a loan package for investments of about $1.7 billion, as stated on Friday by Hakan Ates, DenizBank Chief Executive Officer.
read more... 24/03/2014