Gazprom has urged the European Union to delve into the causes of January’s gas dispute between Russia and Ukraine that left millions of EU consumers short of gas. Alexander Medvedev, Gazprom’s deputy chairman, said: A transit blackmailer, who blackmails both Russia and Europe at the same time, is not the best possible candidate for EU [...]
Gazprom is moving ahead with plans to set up 68 trillion cubic meters of potential natural gas reserves in East Siberia and on Sakhalin island to spread out its customer base away from traditional European buyers into Asia. For full story, click here
Gazprom will enter into a cooperation deal with Spanish utility Gas Natural as part of a thrust to strengthen its presence in the lucrative European market. For full story, click here
Achieving the goal of supplying gas from Nigeria through Algeria onward to Europe by 2015 may be realisable after all, as French oil major, Total SA and Russian gas giant, Gazprom recently announced its interest in the 4,400-kilometre Trans-Sahara gas pipeline project. Managing Director of Gazprom in Nigeria, Vladimir Ilyanin, said: We have the opportunity [...]
Kuwait’s Noor Financial Investment Co and a unit of Russia’s Gazprom are setting up an oil and gas exploration joint venture, an official from the Kuwaiti company was quoted as saying. For full story, click here
BASF & Russias OAO Gazprom officially launched natural gas output at the JV ZAO Achimgaz in Siberia. For full story, click here For BASF’s website, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market News: It seems as if natural gas futures have hit a band of support in the $7.25-$7.50 range, which is good news for investors as winter approaches. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news A mild rebound for hard-hit natural gas futures has developed over the past few days. Like the Dow Jones, oil prices and the Asian market indices, natural gas futures are also in a state of flux. The instability is fairly easy to source: investors [...]
Gazprom plans to receive licenses for the development of seven strategic gas fields in Russia by the end of September. For full story, click here For company’s website, click here
Get our independent commentary on gas trends and companies delivered to your inbox.
