Latest news
The objectives of the Kyoto Protocol are far from being achieved
The Kyoto Protocol countries have to diminish total greenhouse gas emissions by 2012, compared to 1990 levels, but according to some analysts, there will be registered an oversupply of about 13 billion tons of CO2, while the estimated demand is at 11.5 million tons.
read more... 14/09/2012
GDF Suez wants to increase gas prices by 7% from October 1
According to the newspaper “Le Figaro”, GDF Suez has sent a request to the Regulatory Commission de l’Energie (CRE), to be allowed to increase its tariffs by 0.9 % to cover supply costs, with a further 6 % increase to offset a 2% cap imposed by the government in July.
read more... 13/09/2012
Daily: UK prompt gas climbs on low supply
Brent crude traded near $116 a barrel on Thursday, after a hike of five consecutive sessions, as traders were looking forward for new stimulus measures provided by U.S. Federal Reserve, aimed to bolster the world’s largest economy.
read more... 13/09/2012
Bulgaria starts the construction of its gas interconnector with Romania
After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012
Nord Stream’s second line will be launched on October 8
The second line of the Nord Stream natural gas pipeline, which runs across the Baltic Sea connecting Russia’s North- West with Germany, will be commissioned by October 8, said in an interview in Sochi, the Russian President Vladimir Putin.
read more... 12/09/2012