The Russian government decided to keep the mineral extraction tax on the independent gas producers unchanged in 2012, Finance Minister Alexei Kudrin said on Wednesday. According to him, the increase of the mineral extraction tax will affect the gas monopoly, Gazprom.
read more... 03/06/2011
Russia declared that it will complete a 30-year deal with China to supply 68 billion cubic meters of gas annually by June, 10th.
read more... 02/06/2011
Traicho Traikov, the Bulgarian Minister of Economy and Energy announced Saturday that US energy giant Chevron has won the tender, with competitors such as the Canadian company BNK, to explore the northern Bulgarian shale gas concession.
read more... 31/05/2011
Gazprom and a consortium of Japanese companies will invest $7 billion in the construction of a LNG plant in the Far Eastern Russia, near the Pacific port of Vladivostok, as the Russian giant plans to boost its natural gas supplies to Europe.
read more... 27/05/2011
Alexei Miller, Gazprom Chief Executive Officer visited Kiev on Tuesday, May 24 for talks with Energy and Coal Industry Minister Yuriy Boiko to negotiate prices for natural gas supplies to Ukraine.
read more... 25/05/2011