Latest news
Timchenko’s Stroitransgaz set for 3.5 billion euro South Stream deal
A conglomerate run by Stroitransgaz, managed by Gennady Timchenko, an important businessman touched by U.S. sanctions, won a transaction of about 3.5 billion euro to construct a segment of the South Stream natural gas pipeline traversing Bulgaria, as stated by industry sources on Friday.
read more... 24/03/2014
Romania will raise gas prices in April
Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.
read more... 21/03/2014
Dutch Gasunie: Fluxys and OGE potential shareholders
Belgian pipeline operator Fluxys and Germany's Open Grid Europe (OGE) are seen as potential shareholders of Dutch Gasunie whether the parliament permits cross-shareholdings for network operators, as stated by Han Fennema, Gasunie's chief executive, on Wednesday.
read more... 20/03/2014
TOTAL: 2012 North Sea gas leak might be subject to legal proceedings
British authorities are expected to initiate legal action against Total energy group over a significant gas leak at a North Sea oil rig in 2012, according to the declaration of the French company on Sunday.
read more... 17/03/2014
Latvia: gas unbundling rescheduled until April 2017
On Thursday, Latvia’s plan to separate Latvijas Gaze business has been delayed by the parliament until April 2017, after the gas utility, owned in proportion of about one third by Russia’s Gazprom, threatened to file a suit.
read more... 14/03/2014