GDF SUEZ has closed yesterday the sale of G6 Rete Gas to the consortium composed by F2i infrastructure fund, AXA Private Equity and Enel Distribution. The transaction prices the distribution assets at € 772 million, which amounts to 103% of the 2010 regulated asset base, 9.3 times the Ebitda and 17.
The Hague hosted yesterday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Jurgen Grossman, Chief Executive Officer of RWE. The parties discussed the issues of bilateral cooperation. [mappress] Source: Gazprom, October 4, 2011
British spot gas prices fell sharply on Monday, weighed down by boosts in supply from Norway and lower exports to mainland Europe. (reuters) [mappress] Source: reuters, October 3, 2011
Foster Wheeler AG announced that, in accordance with the company’s previously disclosed succession plan, J. Kent Masters, 50, has assumed the role of Chief Executive Officer of Foster Wheeler AG. As previously announced, Masters succeeds Umberto della Sala, 63, who had been serving as Interim Chief
Russia’s Prime Minister Vladimir Putin said on Monday that the government was paying close attention to the situation surrounding recent… (reuters) [mappress] Source: reuters, October 3, 2011
This weekend marked an historic moment for the TAP project. On Saturday, 1st of October 2011, TAP Submitted its proposal to transport 10 billion cubic metres of gas a year from the giant Shah Deniz II field in Azerbaijan to the energy markets of Europe. By opening up the Southern Gas Corridor, TAP w
Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee held a meeting in Saratov. The meeting was dedicated to establishing the Yakutia gas production center as part of the Eastern Gas Program. Taking part in the meeting were Vsevolod Cherepanov, Member of the Management Committee
Russia’s top natural gas producer Gazprom received notification from Botas that the Turkish company decided to end a contract to buy 6… (reuters) [mappress] Source: reuters, October 3, 2011
Sakhalin Energy, the operator of the Sakhalin-2 oil and gas project off Russia’s Pacific coast, will supply Tokyo Electric Power Company… (RIA Novosti) [mappress] Source: RIA Novosti, October 3, 2011
The Murwab LNG carrier, with a capacity of 210,100 cubic metres, is due to arrive in the UK’s Dragon terminal October 9, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 20 years
NGVA Europe published a new statistical update for the NGV (Natural Gas Vehicle) development in Europe and worldwide, showing a strong market development in the world of 12% compared with mid 2010, only 5% for total Europe, but 9% for the EU & EFTA countries. There are now 1,4 million methane powere
British gas prices fell across the board on Friday as risk premiums in the market eased following Germany’s approval of new powers for the… (reuters) [mappress] Source: reuters, September 30, 2011
Germany’s Bayerngas intends to join the Nabucco gas pipeline consortium as a seventh member, boosting the project’s competitiveness in a bid… (reuters) [mappress] Source: reuters, September 30, 2011
OAO NOVATEK today announced that it has increased its equity interest in Yamal LNG to 100% by exercising call options through its wholly owned subsidiary, NOVATEK North-West. NOVATEK increased its equity interest through two call options for 23.9% and 25.1% purchased in July 2009 and March 2011, res
