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Russia Energy Min:Austria, Slovenia S Stream Deal Due Shortly

Δευ, 25 Μαΐου 2009 - 17:14

Russia's Energy Minister Sergei Shmatko said Monday he forecasts a deal with Slovenia and Austria for the development of the South Stream natural gas pipeline shortly.

Russian Energy Min Sees Russia Oil Output Stable In 09 Vs 08

Δευ, 25 Μαΐου 2009 - 17:13

Russia's crude oil output will be at least stable in 2009 compared to the previous year, the country's oil minister said Sunday, contrasting earlier statements that it would fall.

Upstream Oil&Gas Project Costs To Drop 24% In 2009

Δευ, 25 Μαΐου 2009 - 17:11

Project costs in the upstream oil and gas sector are expected to fall by up to 24% this year, mainly on lower raw material costs, a consultant said Monday.

Kazakhstan Arrests Ex-nuclear Chief

Δευ, 25 Μαΐου 2009 - 17:10

Kazakhstan has arrested the former chief of its nuclear power agency on corruption charges, just days after he was dismissed from the post, the Central Asian state's KNB security service said Monday.

Russia Energy Min: Don't Want Repeat Of Gas Spat With Ukraine

Δευ, 25 Μαΐου 2009 - 17:08

Russia doesn't want a repeat of the natural gas spat with Ukraine that at the start of the year left part of Europe without supplies, although there is concern on how its neighbor will be able to pay due to the financial crisis, said its top energy official Monday.

Energy geopolitics and Kazakhstan

Σαβ, 23 Μαΐου 2009 - 19:31

Oil affairs have always been closely related with geopolitics; a matrix of political forces striving for the defense of their energy interests. Geopolitics has always been the basis for energy relations between countries more so now that the geopolitical essence of oil relations has became much more evident.

Gazprom, Slovenia Reach 15-Year Gas Supply Deal

Παρ, 22 Μαΐου 2009 - 19:30

OAO Gazprom (GAZP.RS) and Slovenia are to extend a deal, due to end next year, that will see Russian natural gas supplied to Slovenia for another 15 years, the Russian communications and media minister said Friday, the RIA Novosti news service reports.

Turkish, Brazilian Presidents Urge Boost In Energy Trade

Παρ, 22 Μαΐου 2009 - 19:29

Turkish President Abdullah Gul and his Brazilian counterpart, Luiz Inacio Lula da Silva, Friday appealed for a boost in trade between their two countries, notably in the energy sector.

EU Won't Abandon Energy Charter Rejected By Russia

Παρ, 22 Μαΐου 2009 - 19:26

The European Union does not intend to abandon its energy charter on ties with eastern Europe despite Russian criticism, E.U. Commission President Jose Manuel Barroso said Friday.

Azerbaijan Shah Deniz Output 9B Cubic Meters/Yr In 09-13

Παρ, 22 Μαΐου 2009 - 19:25

Azerbaijan's Shah Deniz gas condensate field will produce around 9 billion cubic meters in 2009, and output will stay at that level until 2012 or 2013 when the launch of the second phase of the field is planned, the country's energy minister, Natiq Aliyev, said Friday.

Russia Offers Ukraine 5-Year Payment For Gas Transit

Παρ, 22 Μαΐου 2009 - 19:24

Prime Minister Vladimir Putin proposed Friday that Russia pay Ukraine five years in advance for natural gas transit, to help Kiev buy gas to fill its underground storage facilities and ensure uninterrupted supplies to Europe, Russian news agency RIA Novosti reports on its Web site.

Gazprom Neft Increases Stake In Sibir

Παρ, 22 Μαΐου 2009 - 19:22

Russian oil major OAO Gazprom Neft (SIBN.RS) is increasing its stake in London-listed oil company Sibir Energy PLC (SBE.LN), the companies said Friday, amid conflicting reports on the size of the stake Gazprom is eyeing.

Energy Developments in Kazakhstan

Παρ, 22 Μαΐου 2009 - 18:07

Kazakhstan National Company KazMunaiGaz agreed to pay BP PLC $250 million for its 49.9% stake in Kazakhstan Pipeline Ventures, which holds a 1.75% interest in the Caspian Pipeline Consortium (CPC). KazMunaiGaz already owns the remaining share of the venture. The deal, signed on April 30th, 2009, raises Kazakhstan’s stake in the CPC to 20.75% and will increase the access rights of KazMunaiGaz to 14.3 million tons per year after completion of the expansion project.