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Eni’s stake in GreenStream pipeline cut to 50%

The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

read more... 25/05/2010

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Kollsnes gas processing plant back to normal after yesterday leak

Kollsnes gas processing plant has resumed its activity at full capacity, after yesterday’s leak. Kollsness is a large gas processor, with about 40% of total Norwegian gas processing.

read more... 21/05/2010

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The cost of the South Stream project might be less than $25.41 billion

Sergei Kupriyanov, Gazprom's spokesman, announced on Friday that the Gazprom’s South Stream gas pipeline project is under construction and the cost will be less than 20 billion Euros ($25.41 billion).

read more... 17/05/2010

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Gas demand in Spain drops after 4-months recovery

On Thursday, Spain’s gas grid operator Enagas registered a 3.4% drop in April gas demand, compared to the same period in 2009, after four months recovery.

read more... 14/05/2010

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Gazprom: exports to European states up

Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.

read more... 12/05/2010

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