Gazprom signed $2.5 bln deal with Nigeria
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
Articles Tagged "russia"
Putin declared Russia is unable to make Gas Payments for Ukraine
Russia’s prime minister declared that could not help Ukraine pay for Russian gas deliveries as Kiev signaled it was having difficulties raising funds. For full story, click here
Hungary’s MOL will build storage for Natural Gas
The European Bank for Reconstruction and Development declared that it will lend $277 million to Hungarian energy company MOL Nyrt. for the construction of a gas storage facility that would help the country bridge future interruptions of supply from Russia. Riccardo Puliti, director of the EBRD’s energy group, stated: This project will boost Hungary’s energy [...]
Russia’s Energy Gazprom has extended Ukraine Natural Gas Payment Deadline
The Russian energy giant Gazprom has extended the deadline for the payment for the natural gas that the Ukraine received in May 2009. For full story, click here
Russia’s Natural Gas Output dipped while oil output held steady
Russia’s natural gas output dipped further in May as the country cut fuel extraction sharply in response to plunging demand in Europe and at home while oil output held steady. For full story, click here
Arctic region to hold 30% of undiscovered gas, strengthening Russia
The Arctic region announced that it may hold enough natural gas to meet current global demand for 14 years and most of it belongs to Russia, which could accentuate the country’s dominant role in the industry, U.S. geologists said. For full story, click here
Yatseniuk backed authorization of Ukraine to extract gas
Verkhovna Rada deputy of the Our Ukraine People’s Self-Defense Bloc faction-former chairman of the parliament Arsenii Yatseniuk has called for authorization of Ukraine to extract natural gas in Russia in exchange for Russia’s participation in the control over the Ukrainian gas transport system. For full story, click here
Gazprom asked EU to look into causes of gas dispute
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 [...]
KOGAS looking at joining Russia’s gas pipeline construction
South Korea’s state-run Korea Gas Corp. announced that it is pushing to participate in the construction of a natural gas pipeline linking Sakhalin and Vladivostok, Russia. An official for Korea Gas, said: We are in talks with Russia’s Gazprom over our participation in the gas pipeline construction and aim to send a working-level delegation to [...]
Russia has no plans to fine Ukraine over reduced gas intake
Russia announced that it will not seek reparations from Ukraine for importing less natural gas than the volume stipulated in the contract with Russia’s Gazprom. Prime Minister Vladimir Putin, said: Ukraine is currently not buying the volume of gas from us that it was contracted to do, and should pay a fine for this. We [...]
