Gas Market Update (March 26, 2013)
A brief overview of gas price developments, supply and demand and significant market movers.
Articles Tagged "russia"
Gas Market Update (February 26, 2013)
A brief overview of gas price developments, supply and demand and significant market movers.
Shell and Ukraine Sign Landmark Gas Deal
Royal Dutch Shell has confirmed a production-sharing contract to explore shale natural gas reserves in Ukraine in a deal worth approximately $10 billion.
Gazprom to Cut European Gas Prices for 2013
Reuters reported that Gazprom is expected to cut long-term contract prices to Europe to be competitive with the spot market.
Gas Market Update (November 6, 2012)
A brief overview of gas price developments, supply and demand and significant market movers.
Srbijagas JP Seeking $247.6 Million in Sovereign-Backed Loans
Platts reported that Serbia’s natural gas heavyweight, Srbijagas JP, is seeking 190 million euros ($247.6 million) in sovereign-backed loans.
Russia Unlikely to Outshine North America at Unconventional Oil and Gas Development
Platts reported that the International Energy Agency does not think Russia will be as successful as North America has been at developing its unconventional oil and gas resources.
EU Countries Sign Off on Trans-Adriatic Pipeline
Reuters reported that Italy, Albania and Greece signed an agreement in favor of building the Trans-Adriatic Pipeline (TAP), which will deliver gas from Azerbaijan to the European Union. It is hoped that the pipeline will reduce Europe's dependence on Russia for energy.
Gazprom Halts Purchases from Independent Gas Suppliers
Reuters reported that as of Monday, Russia-based Gazprom has put purchases of gas from independent producers on hold due to output cuts and growing oversupply.
Ukraine to Attempt Escape from Russian Gas Dependence
The Wall Street Journal reported that Ukraine Prime Minister Mykola Azarov said that over the next three years the country plans to increase its natural gas production by up to 20 percent in an attempt to mitigate dependence on Russia.
