Latest news
Iran envisaging exporting natural gas to Europe in the near future
Iran is planning to deliver natural gas to Europe in the near future after it inked similar agreements and memoranda of understanding (MoUs) with some Asian countries.
read more... 10/09/2013
Russia and China to agree terms of multi-billion dollar gas deal at the G20 Summit
The Russian energy giant Gazprom and the Chinese National Petroleum Company (CNPC) inked a deal envisaging supply terms for the delivery of natural gas from Russia.
read more... 09/09/2013
UK: Shale gas reserves could quadruple
The IGas Energy Group, one of the UK’s hydrocarbon producers, has announced that its license in north west England could contain over 170 trillion cubic feet (Tcf) of the unconventional gas. According to IGas technical studies, the quantity of shale gas in some regions of the UK has been underestimated.
read more... 06/09/2013
Eni strikes the biggest ever gas discovery offshore Mozambique
Italy –based Eni has unveiled a new significant impact discovery offshore Mozambique, while working in its Agulha exploration prospect.
read more... 06/09/2013
UK Government will not subsidize new gas storage facilities
Energy Minister Michael Fallon has announced that the UK Government has rejected calls to subsidize new gas storage facilities, saying it would be too costly for bill payers. Ministers added that the UK gas market is functioning well in attracting gas from various sources in order to meet current and future demand and said that its decision will save bill payers more than 750 million pounds in the next 10 years.
read more... 05/09/2013