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Croatia approves 234 mln euro ($267.2 mln) in funding for LNG terminal

Croatia's government approved the allocation of 234 million euro ($267.2 million) of budget funding for the first phase of a project to build a liquefied natural gas (LNG) terminal on the island of Krk, it said on Wednesday.

read more... 01/02/2019

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SOCAR Turkey to supply natural gas to Kayseri and Bursa

Turkey's largest foreign investor, SOCAR, has acquired EWE Turkey Holding and its group of companies, which manages the operations of the German energy company EWE AG in Turkey.

read more... 01/02/2019

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Daily (31.01.2019): British spot gas price tumbled by 1.6% on Wednesday due to an oversupplied system

Oil prices were up on Wednesday after U.S. government data indicated a lower-than-expected rise in crude oil stockpiles. Moreover, U.S. exports sanctions against Venezuelan exports and a decline in gasoline inventories supported prices. Nevertheless, the trade dispute between the United States and China is still weighing on the market. Brent crude rose 0.5% higher to close at 61.65 USD/bbl, while WTI crude surged by 1.7% to settle at 54.23 USD/bbl.

read more... 31/01/2019

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Azerbaijan keen to invest in LNG sector: minister

Azerbaijan has shown interest in the liquefied natural gas (LNG) sector and planned to invest through State Oil Company of Azerbaijan Republic (SOCAR), a government official said on Wednesday.

read more... 31/01/2019

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Gazprom, Moldova’s President reviews ongoing and future cooperation in gas sector

A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Igor Dodon, President of the Republic of Moldova, took place in Moscow.

read more... 31/01/2019

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