English Edition

Ukraine To Offer Russia, Gazprom New Gas Transfer Pact

Τετ, 29 Απριλίου 2009 - 20:09

Ukraine's Prime Minister Yulia Tymoshenko is ready to offer Russian Prime Minister Vladimir Putin during their meeting Wednesday a new agreement on revamping Ukraine's gas transportation system with the participation of Russia's gas monopoly OAO Gazprom (GAZP.RS), the daily Kommersant reports.

Nabucco Pipeline Talks On Iran Oil Min's German Visit

Τετ, 29 Απριλίου 2009 - 20:07

The movement of Iranian natural gas to Germany through the Nabucco pipeline will be high on the agenda when Iranian Oil Minister Gholam-Hossein Nozari arrives in Germany next week for energy talks, the Press TV Web site reported Wednesday.

Russia: SCO Military Exercises In Kazakhstan In 2010

Τετ, 29 Απριλίου 2009 - 20:06

Joint military exercises of the Shanghai Cooperation Organization will be held in 2010 in southern Kazakhstan, news agency RIA Novosti reports on its Web site Wednesday, citing the Russian defense minister.

PPC eyes Balkan expansion

Τετ, 29 Απριλίου 2009 - 15:42

State power company Public Power Corporation (PPC) is considering bidding for a stake in Montenegro’s power monopoly Elektroprivreda Crne Gore AD (EPCG) as part of plans to expand in the Balkans. PPC’s board approved a memorandum of understanding with the energy unit of shipping group Restis Group for a possible joint bid for Montenegro’s EPCG, PPC said. Montenegro put a 18.3 percent stake in EPCG up for sale in February.

Russia To Mull Loan To Bulgaria For Nuclear Plant

Τρι, 28 Απριλίου 2009 - 19:49

The Russian government will consider disbursing a loan worth several billion of euros to Bulgaria for the construction of its Russian-built Belene nuclear power plant, Prime Minister Vladimir Putin said Tuesday following a meeting with his Bulgarian counterpart Sergei Stanishev, news agency Prime-Tass reported.

Hungary MVM, E.ON Unit To Operate Elec, Gas Trade Platform

Τρι, 28 Απριλίου 2009 - 19:47

Hungarian state-owned power wholesaler MVM Zrt. and E.ON AG's (EOAN.XE) local subsidiary Tuesday said they have signed an agreement to jointly operate the integrated natural gas and electricity trading platform Powerforum.

Norway Calls For Peaceful Cooperation On Arctic Resources

Τρι, 28 Απριλίου 2009 - 19:46

Norway's foreign minister Tuesday called for peaceful cooperation in the Arctic as the region's five bordering countries vie for potentially lucrative natural resources.

Azerbaijan To Double Throughput At Baku-Novorossiisk Pipeline

Τρι, 28 Απριλίου 2009 - 19:41

Azerbaijan plans to almost double throughput at its Baku-Novorossiisk oil pipeline this year to 2.5 million metric tons from 1.3 million tons in 2008, an official from the country's state oil company, Socar, said Tuesday.

Russia, Bulgaria Close To Deal On Pipeline - Putin

Τρι, 28 Απριλίου 2009 - 18:58

Russian Prime Minister Vladimir Putin and his Bulgarian counterpart Sergey Stanishev said Tuesday they were close to signing a deal on the South Stream gas pipeline to Europe after resolving differences. "There is no disagreement between Russia and Bulgaria," Putin was quoted by RIA Novosti and Interfax as saying at the close of a meeting with Stanishev.

Depository for LNG in NE Greece

Τρι, 28 Απριλίου 2009 - 14:44

A new natural gas depository near Kavala, northeastern Greece, will host strategic reserves of the liquefied commodity (LNG) for Greece as well as Bulgaria. Plans by the Public Gas Corporation (DEPA) to build a new station for LNG has also drawn the interest of Bulgaria, following the problems this past winter during a crisis between Russia and Ukraine over the supply of natural gas.

Russia Drafts Post-Kyoto Proposals

Τρι, 28 Απριλίου 2009 - 14:11

Russia is already drafting proposal for post-Kyoto agreements on greenhouse gas emissions and hopes international deals for the period after 2012 may be agreed already this summer, according to Natural Resources Minister Yuri Trutnev. However, he said on Thursday that no talks had been held yet.

Azeri Min: Shah Deniz Field's Stage 2 To Cost $16B To $20B

Δευ, 27 Απριλίου 2009 - 20:32

The total cost of the second phase of Azerbaijan's giant Shah Deniz gas condensate field will be between $16 billion and $20 billion, the country's energy minister, Natiq Aliyev, said Monday.

Kuwait Invest Co Plans To Enter $375M Caspian Sea Proj

Δευ, 27 Απριλίου 2009 - 20:31

Kuwait Investment Co., or KIC, a unit of Kuwait Investment Authority, plans to invest in the Caspian Energy Hub project on the Caspian Sea that will have a total cost of $375 million, Kuwait-based Al Watan daily reports Monday.

Ukraine PM To Seek Cut In Imported Russian Gas

Δευ, 27 Απριλίου 2009 - 20:30

Yulia Tymoshenko, Ukraine's prime minister, has said she would push for amendments to the country's natural gas supply contract with Russia, to reduce the import volume, reports the RIA Novosti news service Monday.

EnBW, Borusan To Invest EUR2.5B In Renewables In Turkey

Δευ, 27 Απριλίου 2009 - 20:28

Turkish unlisted pipe and steel group Borusan Holdings AS (BRYAT.IS) and German energy firm Energie Baden-Wuerttemberg AG, or EnBW (EBK.XE), will jointly invest EUR2.5 billion in renewable energy projects in Turkey, the press statement distributed before the joint press meeting of the two companies showed Monday, the Ihlas News Agency, or IHA, reported.

Bulgaria Signs Deal To Import Natural Gas From Egypt

Δευ, 27 Απριλίου 2009 - 20:27

Bulgaria signed a deal Saturday to import liquefied and compressed natural gas from Egypt in an attempt to wean itself off Russian deliveries, on which it is almost entirely dependent.