OAO Gazprom declared that it has planned to sell Nigerian Natural Gas on export markets. For full story, click here
The government of Alberta, sideswiped by the slumped and depressed natural gas prices, is stepping up its efforts to resuscitate drilling and compete against massive supplies of shale gas from British Columbia and the United States. For full story, click here
Reliance Industries Ltd is likely to sign a gas sales and purchase agreement with state-owned power major NTPC to supply gas at the government-mandated price of $4.2 per million metric British thermal unit. For full story, click here
Nstar has asked Massachusetts regulators to approve a 37 percent cut in summer natural gas rates. For full story, click here
Approval for Gas Natural’s Union Fenosa purchase is a done deal at Friday’s AGM but shareholders may still seek reassurance on the group’s finances after a surprise cash call by rival Iberdrola. For full story, click here
Reliance Industries Ltd’s gas output from its deep-sea field off India’s east coast is below capacity as supply agreements with some buyers still need to be finalised. For full story, click here
Russia’s energy giant Gazprom has signed a $2.5bn deal with Nigeria’s state operated NNPC, to invest in a new joint venture. For full story, click here
Visiting Chinese Vice Premier Li Keqiang declared that the joint natural gas projects between China and Turkmenistan serve the fundamental and long-term interest of both peoples. For full story, click here
Alberta will offer new incentives for struggling natural gas producers, but Premier Ed Stelmach provided no details about the scheme. For full story, click here
The province and city of Maputo in Mozambique as well as the northern area of Inhambane province will have natural gas as of 2012 under the terms of concession contracts for Empresa Nacional de Hidrocarbonetos approved Tuesday by the Mozambican government. For full story, click here
Saturday, June 27, 2009