Latest Energy in Russia Stories
Turkey has OK'd a transit agreement for the Nabucco pipeline intended to reduce European dependence on Russian gas, the European Union said. An intergovernmental pact to be signed in Ankara July 13 will expedite construction of the pipeline and bring Caspian and Middle East gas to Europe as early as 2014, E.U.
A blast along an oil pipeline to Russia has forced Turkmenistan to halt gas production at 195 wells, an expert said Friday. RIA Novosti reported that problems with Turkmen gas deliveries began in April, after the accidental blast caused Turkmengaz, the country's state-run gas company, to suspend supplies to Russia. Odek Odekov, director of the geological institute at the state oil and gas exploration corporation Turkmengeologiya, said that repairs had already been carried made to the pipeline.
Russian President Dmitry Medvedev proposed that the European Union help with a loan to Ukraine to secure natural gas supplies.
Russian natural gas giant Gazprom and Italian gas company Eni agreed to double the capacity of the proposed South Stream natural gas pipeline. Gazprom Chief Executive Officer Alexei Miller and Eni CEO Paulo Scaroni signed an agreement to raise the capacity to 63 billion cubic meters a year.
The Russian energy giant Gazprom said it will sign agreements with Bulgaria, Serbia and Greece on its South Stream gas pipeline to Europe. Alexander Medvedev, the deputy director of Gazprom, told the Bulgarian Vesti TV channel Tuesday that all technical and economic assessments of the $13 billion South
Prime ministers from Ukraine and Russia discussed resumption of talks concerning natural gas delivery, an issue affected much of Europe in January. Vladimir Putin and his Ukrainian counterpart Yulia Tymoshenko discussed the issue along with trade and economic cooperation and the results of a meeting between the countries' energy ministers, Dmitry Peskov, a spokesman for Putin's office said, RIA Novosti reported Friday. This winter, Russia claimed Ukraine was behind on its gas bill and...
Russian Prime Minister Vladimir Putin criticized the European Union and Ukraine Tuesday for taking a unilateral step toward coordinating energy supplies.
Russian Prime Minister Vladimir Putin said state energy giant Gazprom and the Hungarian Development Bank would sign a natural pipeline deal. The deal was ready for signing, Putin said Tuesday.
Russia and China have signed long-term energy agreements, including oil supply and delivery contracts, Russian Deputy Prime Minister Igor Sechin said Tuesday. Sechin said Russia will ship 110 million barrels of crude oil annually to China for 20 years, RIA Novosti reported.
A Nord Stream gas pipeline running from Russia to Germany will diversify supply lines to Europe, a need underscored by a recent supply disruption, Russia said. The need to diversify routes of supplying gas from my country to EU member states has been underlined by this crisis, Russian ambassador Vladimir Chizhov told the EU Observer, referring to recent disruptions caused by a dispute between Russia and Ukraine. The new natural gas pipeline would be completed by 2011, the newspaper reported...
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