Latest news
Nabucco’s future decided by Azeri gas deliveries.
The chief executive of Austrian OMW, Wolfgang Ruttenstorfer reported to the Austrian newspaper, Kurier that the Nabucco gas pipeline project will be implemented only if the project partners will be able to secure big gas deliveries from Azerbaijan in the next months.
read more... 21/02/2011
EU considers fusion between Nabucco and ITGI gas pipeline projects
EU officials are interested in a fusion between Nabucco, a Turkey-Austria pipeline, and ITGI (Interconnector Turkey-Greece-Italy), two strategic gas projects in order to carry gas from Azerbaijan to Europe and to reduce the Russian dependence on gas supplies.
read more... 18/02/2011
Baltic States want a mutual LNG terminal
During an official meeting in Vihula, Estonia on Friday, the prime ministers of Lithuania, Latvia and Estonia sustained that they would seek European Union (EU) funding for a single LNG import terminal.
read more... 18/02/2011
Total and Rosneft in talk on Yamal LNG project
The French energy giant, Total is discussing with Russian state-owned oil company, Rosneft about joint offshore projects in the Barents Sea and Black Sea.
read more... 17/02/2011
Gazprom agreed to cut gas prices for some European customers
Russia's largest energy giant, Gazprom declared on Monday its intention to lower gas prices for some of its European customers. Decreased demand and lower prices on the spot market are the main reasons for the lowering prices for long-term supply contracts.
read more... 16/02/2011