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Weighted Average Import Price (WAIP) of Natural Gas in Greece

Weighted Average Import Price (WAIP) of Natural Gas in Greece

Παρ, 3 Φεβρουαρίου 2012 - 15:25

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

Subsidies Cut for Solar Power Producers

Subsidies Cut for Solar Power Producers

Πεμ, 2 Φεβρουαρίου 2012 - 18:31

Cash-strapped Greece cut its subsidies for solar power producers on Wednesday, saying it could no longer afford to pay the current rates and that it had already licensed all the units it needs to meet its renewable energy targets.

Shell Looking At Ways To Improve US Gas Profits

Shell Looking At Ways To Improve US Gas Profits

Πεμ, 2 Φεβρουαρίου 2012 - 17:44

Royal Dutch Shell PLC (RDSA) is actively looking at ways to improve the profits it gets from U.S. natural gas, including seeking land for potential liquefaction and export terminals.

Greece Seeking Backup Oil Supply Against Iranian Embargo

Greece Seeking Backup Oil Supply Against Iranian Embargo

Πεμ, 2 Φεβρουαρίου 2012 - 17:43

Greece said Thursday it was looking for alternative options to counterbalance the effects of a planned European Union embargo on Iranian oil imports on its struggling economy.

Alstom, Rosatom Secure EUR875 Million Contract In Russia

Alstom, Rosatom Secure EUR875 Million Contract In Russia

Πεμ, 2 Φεβρουαρίου 2012 - 17:43

Power-equipment and train manufacturer Alstom SA (ALO.FR) and its Russian partner Rosatom have signed a EUR875 million contract to supply machinery to the Baltic nuclear power plant located in Kaliningrad in western Russia.

Statoil To Sell Its Iraq Oil Field Stake To Lukoil - Official

Statoil To Sell Its Iraq Oil Field Stake To Lukoil - Official

Πεμ, 2 Φεβρουαρίου 2012 - 17:42

Norway's Statoil (STL.OS) is intending to sell its stake in Iraq's supergiant West Qurna phase 2 oil field in southern Iraq to Russia's Lukoil (LUKOY), a senior Iraqi oil ministry official told Dow Jones Newswires by phone from Baghdad Thursday.

Wind Power Grows 23 pct

Wind Power Grows 23 pct

Πεμ, 2 Φεβρουαρίου 2012 - 14:03

Wind-powered electricity capacity in Greece rose by 23.18 percent last year, according to data released on Tuesday by the Hellenic Wind Energy Association.

Russia Urals February Exports Hit By Pipeline Maintenance -Transneft

Russia Urals February Exports Hit By Pipeline Maintenance -Transneft

Τετ, 1 Φεβρουαρίου 2012 - 18:38

Planned annual maintenance at the pipeline running into the Russian Baltic Sea port of Primorsk is a major reason for a fall in export volumes of Russian Urals crude in February, a spokesman for Russian state oil pipeline operator OAO Transneft (TRNFP.RS) said Wednesday.

EU: Italy, Poland, Slovakia Russian Gas Supplies 8%-10% Lower

EU: Italy, Poland, Slovakia Russian Gas Supplies 8%-10% Lower

Τετ, 1 Φεβρουαρίου 2012 - 18:37

Italy, Poland and Slovakia's natural gas supplies from Russia were between 8% and 10% lower than normal as of 1100 GMT Wednesday, but those countries were able to cover the missing supply by using stored gas or getting additional supplies from other sources, a spokeswoman for the European Commission said.

European Officials See OK Gas Supplies Despite Lower Gazprom Shipments

European Officials See OK Gas Supplies Despite Lower Gazprom Shipments

Τετ, 1 Φεβρουαρίου 2012 - 18:37

Officials from various corners of Europe acknowledged Wednesday that Russia had trimmed a fraction of its natural gas deliveries, but said they were confident that supplies would be sufficient to withstand the most intense run of cold weather thus far this winter.

Noble Considering to Build Natgas Terminal in Cyprus

Noble Considering to Build Natgas Terminal in Cyprus

Τετ, 1 Φεβρουαρίου 2012 - 17:01

Noble Energy is considering the option of building a terminal in Cyprus in order to provide natural gas for the domestic market and for exports, Vice President Noble Energy Terry Gerhart has said, noting that the estimation for 5 to 8 trillion cubic feet natural gas in Cyprus' block 12 is a very large accumulation of gas.