Saint Petersburg hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed the issues of bilateral cooperation in the energy sector. Special emphasis was placed on Russian gas supplies to Ital
The Minister of Treasury Mikołaj Budzanowski (Poland) visited, on 27 March 2013, the area of the investment that is crucial for the country’s energy security, the LNG terminal built in Świnoujście. The Minister of Treasury Mikołaj Budzanowski checked the progress of the work, also talked about the s
The Albanian Ministry of Economy, Trade and Energy and the Trans Adriatic Pipeline (TAP) project have signed the Host Government Agreement (HGA), formally agreeing the terms of engagement for the Southern Gas Corridor pipeline’s future delivery. The HGA sets out the regulations by which the project
Alexey Miller, Chairman of the Gazprom Management Committee, updated Russian President Vladimir Putin on the progress with the Nord Stream and South Stream gas transmission projects. The President tasked Gazprom CEO to get back to developing the Yamal – Europe-2 and gas branch to the Kaliningrad Reg
UK’s South Hook LNG terminal will receive another cargo of LNG from Qatar next week, according to the Milford Haven Port Authority website. The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive at the South Hook terminal on April 11. Qatar Petroleum owns 67.5 per cent
On the 11th of April, the Ministry for Energy and the Conservation of Water (MECW) in Malta together with Enemalta, the state utility, will be issuing an Expression of Interest for a long-term Power Purchase Agreement and a Gas Supply Agreement. The Ministry for Energy and the Conservation of Water
Rosneft President and Chairman of the Management Board Igor Sechin and Russian Machines Chairman of the Board of Directors Siegfried Wolf, signed a memorandum of cooperation in production and sales of gas engine fuels in Russia, particularly in Moscow and Leningrad oblast, Krasnodar territory and on
A working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Abd Rabbuh Mansur Hadi, President of Yemen took place Wednesday in Moscow. The parties addressed the prospects for the Russian-Yemenite cooperation in the oil and gas sector. Yemen’s proven gas rese
Fitch Ratings has assigned Gaz Capital S.A.’s loan participation notes (LPNs) a final senior unsecured ‘BBB’ rating. The EUR1bn 3.389% notes due 2020 are the 30th series and the EUR500m 4.364% notes due 2025 are the 31st series issued under Gaz Capital’s USD40bn debt issuance programme rated ‘BBB’ b
NOVATEK reported preliminary natural gas production data for the first quarter 2013. Gross natural gas production for the first quarter totaled 16.1 billion cubic meters (‘bcm’), which is 9.7% higher than the corresponding gross production in the first quarter 2012. Gross natural gas production in M
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on April 10, according to the Milford Haven Port Authority website. The South Hook LNG Terminal, a part of the Qatargas 2 integrated Value Chain, is one of the largest LNG re-g
Resumption of direct deliveries of Kazakh hydrocarbons to Ukraine is in the interest of both countries. This was started by the Prime Minister of Ukraine Mykola Azarov on Tuesday during a meeting with First Deputy Prime Minister of the Republic of Kazakhstan Bakitzhan Sagintayev. Mykola Azarov recal
PIRA Energy Group believes that European colder-than-normal weather will support higher gas spot prices. In the U.S., PIRA’s analysis points to a stronger risk of lower net gas injections. Important counter seasonal LNG market demand in South America, the Mideast, and Asia. Specifically, PIRA’s anal
Sanmar is constructing the world’s first Liquid Natural Gas (LNG) powered escort tugs. The vessels have been ordered by Buksér og Berging AS of Norway and will enter service in late 2013. BB has signed a long term charter with Statoil and Gassco. The LNG system is designed by AGA Cryo and integrated
