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Russia Not to Abandon South Stream

Russia Not to Abandon South Stream

Kommersant writes about the problems that Gazprom’s South Stream project could be facing in the short run. The signing of a shareholder agreement with the project participants – Italy’s ENI, France’s EDF and Germany’s Wintershall – on their entry into the project and guarantees of its launch that is scheduled for September 16 created the news topic.

Trans Adriatic Pipeline Submits Independent Natural Gas application to Greek Regulator (RAE)

Trans Adriatic Pipeline Submits Independent Natural Gas application to Greek Regulator (RAE)

The Trans Adriatic Pipeline (TAP) has submitted its application for the construction of an Independent Natural Gas System (INGS) to RAE, the Greek Regulatory Authority for energy. TAP’s Greek section of the pipeline will be approximately 465 km long and will commence at Komotini, where it ties into the national grid system. The pipeline will then cross Greece, Albania and the Adriatic Sea, coming ashore in southern Italy.

Romanias Power Production Could Drop with 20-30% this Year

Romania's Power Production Could Drop with 20-30% this Year

Romania's electricity production could drop with 20-30% this year due to drought, money.ro reports. The most affected is state-owned hydropower plant Hidroelectrica, which covers 30% of the country's power output.

Bulgaria May Import Natural Gas from Greece as of 2013

Bulgaria May Import Natural Gas from Greece as of 2013

"Bulgaria may start importing natural gas from Greece from 2013. The road map of the gas link with Greece envisions that the gas supply system will be ready at the beginning of 2014. The regular gas supplies are scheduled for the summer of 2014," Bulgaria's Minister of Economy and Energy Traicho Traikov stated in the National Assembly.

Meeting Kyoto CO2 Cut Target Difficult -Japan Utility Federation

Meeting Kyoto CO2 Cut Target Difficult -Japan Utility Federation

Federation Of Electric Power Companies Of Japan Chairman Makoto Yagi described as "difficult" Friday efforts at meeting the industry's carbon dioxide emission reduction target under the Kyoto Protocol, citing the idling of most of the country's nuclear-power capacity.

Turkey Warns Iran Over Syria Unrest

Turkey Warns Iran Over Syria Unrest

Turkey has warned Iran "not to spoil" the Syrian leadership whose security forces have been cracking down on protesters since mid-March, a Turkish daily quoted Prime Minister Recep Tayyip Erdogan as saying Friday.

Sinohydro Gets Final IPO Approval From China Regulator

Sinohydro Gets Final IPO Approval From China Regulator

Sinohydro Group Ltd., a Chinese hydropower station builder, has received final approval from the country's securities regulator to launch an A-share initial public offering, in a deal widely expected to be China's largest this year, a person familiar with the situation told Dow Jones Newswires on Friday.

Euro Energy Giants Sign With Gazprom As Pipeline Battle Heats Up

Euro Energy Giants Sign With Gazprom As Pipeline Battle Heats Up

Russian state gas firm OAO Gazprom (GAZP.RS) Friday secured backing for its South Stream gas pipeline from European energy giants Electricite de France SA (EDF.FR), Eni SpA (E) and Wintershall AG, heating up the battle between Russia and the European Union over competing pipelines.

Gazprom Inks Eni Libya Deal

Gazprom Inks Eni Libya Deal

Gazprom has inked a deal with Eni giving it the rights to a share of one of the Italian's oilfields in war-ravaged Libya.

EBRD is Financing the First Biogas Project in Croatia

EBRD is Financing the First Biogas Project in Croatia

The EBRD is stepping up its efforts to promote the generation and use of green energy in Croatia by financing the first biogas project in the country. The Bank is providing a €5 million loan to Croatia’s Agrokor, a leading agribusiness company in south-eastern Europe, to support the construction of a combined heat and power generation plant that will use biogas as primary fuel.

Iran Opposes EU Plans to Support Caspian Pipeline

Iran Opposes EU Plans to Support Caspian Pipeline

Iran has said it shares Moscow's concern over an offer by the European Union to broker talks on a proposed pipeline to carry natural gas to the West.

First Solar Energy-Positive Building Shelved

First Solar Energy-Positive Building Shelved

Masdar shelved plans for the world’s first building that makes more energy than it consumes, a year after the financial crisis forced the Abu Dhabi company to step back from setting up the first carbon-neutral city.

Erdoğan Urges Egypt to Export gas to Europe via Turkey

Erdoğan Urges Egypt to Export gas to Europe via Turkey

Turkish President Recep Tayyip Erdoğan is urging Egypt to export natural gas to Europe via the Nabucco natural gas pipeline project, which will carry gas from Central Asia via Turkey to Europe. Egypt already has a gas pipeline network to deliver gas to Jordan and Syria; extending the pipeline to hook up to the Nabucco pipeline would be straightforward.

Sarkozy Arrives In Tripoli For Joint Visit With Cameron: AFP

Sarkozy Arrives In Tripoli For Joint Visit With Cameron: AFP

French President Nicolas Sarkozy arrived in Tripoli on Thursday for a joint visit with U.K. Prime Minister David Cameron following the fall of Moammar Gadhafi's regime, an AFP correspondent said.