Latest news
Gazprom and China to renew gas supply deal
Russian gas giant Gazprom will renew its gas supply deal with China as a high level Chinese delegation led by Prime Minister Wen Jiabao comes in Russia to progress on natural gas negotiations.
read more... 06/12/2012
China fixed new gas output target by 2015
According to a recent development plan released on Monday by the National Development and reform Commission and approved by the State Council, China intends to add 3.5 trillion cubic meters of conventional natural gas reserves by 2015.
read more... 05/12/2012
Ukraine to build its first LNG terminal
Ukraine started the construction of its first LNG terminal near the Black Sea port, in Odessa region. According to the Ukrainian government officials, the LNG terminal may then cover from 30 to 50 % of Ukraine's domestic demand for gas.
read more... 28/11/2012
Russia’s Nord Stream is likely to reach UK
According to an English newspaper BP was in "secret talks" with Gazprom to develop the twin Nord Stream pipeline to Britain. The BP director for Russia David Peattie has announced that talks were in the initial phase, while the British Prime Minister David Cameron stated that it will support the project.
read more... 27/11/2012
Shell intends to invest 1 billion dollars annually in China gas projects
Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.
read more... 21/11/2012