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Bulgaria, Turkmenistan To Boost Energy Ties, Aid EU Supplies

Πεμ, 27 Αυγούστου 2009 - 19:05

Bulgaria and Turkmenistan said Thursday they are to step up their cooperation in the energy sector so as to bolster supply security in the Balkan country and beyond to the European Union.

Gazprom, Novatek Discuss Yamal LNG Project

Πεμ, 27 Αυγούστου 2009 - 19:01

Russia's two biggest natural gas producers, OAO Gazprom (GAZP.RS) and OAO Novatek (NVTK.RS), have held a working meeting to discuss production of liquified natural gas, or LNG, on the Yamal peninsula, and will start talks with potential partners, Novatek said Thursday.

Gazprom: Ukraine Storing Enough Gas To Ensure Winter Supply

Πεμ, 27 Αυγούστου 2009 - 18:58

Ukrainian state gas firm Naftogaz is pumping enough natural gas into storage facilities to ensure reliable supplies and transit of Russian gas to European consumers during the coming winter, Russian state gas firm OAO Gazprom (GAZP.RS) said Thursday.

GDF Suez CEO: No Deadline For Talks To Take Nord Stream Stake

Πεμ, 27 Αυγούστου 2009 - 18:53

French utility GDF Suez SA (GSZ.FR) is still in talks with a view to taking a 9% stake in the Nord Stream pipeline natural gas pipeline that runs below the Baltic Sea, but there is no deadline for the discussions to join the OAO Gazprom (GAZP.RS)-led project, Chief Executive Gerard Mestrallet said Thursday.

Iran OPEC Head: Current OPEC Output Seen Exceeding 1Q Demand

Τετ, 26 Αυγούστου 2009 - 16:37

Iran's Organization of Petroleum Exporting Countries governor said Wednesday the group's oil ministers will discuss an expected crude supply surplus in the first quarter of 2010 at their upcoming meeting in Vienna on Sept. 9.

Nippon Oil: Discussing With Iraqi Govt On Oil Field Development

Τετ, 26 Αυγούστου 2009 - 16:32

Nippon Oil Corp. (5001.TO) and Inpex Corp. (1605.TO) said Wednesday they haven't yet reached an accord on the development of Iraq's Nasiriyah oil field.

Turkish Energy Ministry Lifts Tenders Ban On POAS

Τετ, 26 Αυγούστου 2009 - 16:28

Turkey's fuel distributor Petrol Ofisi AS (PTOFS.IS), or POAS, said Wednesday that the Energy Ministry has lifted a ban on the company from participating in public tenders for a year, in line with a court decision, the Ihlas News Agency, or IHA, reports.

GDF Suez Close To Deal With Gazprom On Nord Stream

Τετ, 26 Αυγούστου 2009 - 16:25

French utility GDF Suez (GSZ.FR) and Russian gas giant OAO Gazprom (GAZP.RS) could soon reach a deal in which the French group would take a 9% stake in the Nord Stream natural gas pipeline which runs below the Baltic Sea, French business daily La Tribune reports Wednesday, citing sources close to GDF Suez.

Gazprom 1Q Net Dives On Domestic Demand, Ukraine

Τετ, 26 Αυγούστου 2009 - 16:22

Russian energy giant OAO Gazprom (GAZP.RS) Wednesday said net profit plunged 62% in the first quarter of 2009 due to lower demand at home and a standoff with neighboring Ukraine that reduced gas sales to Europe.

Mongolia Asks Russia To Study Gas Pipeline Project

Τετ, 26 Αυγούστου 2009 - 16:20

Mongolia has invited Russia to conduct a joint study on the feasibility of building a "trunk" gas pipeline linking the neighboring countries, the Kremlin announced Wednesday.

Russia-China Oil Pipeline Spur Link To Be Ready Mid-Sep

Τετ, 26 Αυγούστου 2009 - 16:17

Construction of a spur link of Russia's East Siberian Pacific Ocean crude oil pipeline, connecting the city of Skovorodino with China's border, will finish by the middle of next month, the Xinhua News Agency reported Wednesday, citing Nikolai Tokarev, president of Russian oil pipeline monopoly Transneft (TRNFP.RS).

PPC Offers Power Deal to Metka

Τετ, 26 Αυγούστου 2009 - 13:53

Public Power Corporation (PPC) said yesterday it had awarded a consortium led by Metka a 500-million-euro contract to build an 811-megawatt natural gas-powered plant in Megalopoli, southern Greece. The deal is subject to power plant builder Metka, a subsidiary of Mytilineos Holdings, and partner ETADE accepting the project’s price tag, which is 43 million euros below the offer they submitted, PPC said in a bourse filing.