Latest Energy in Russia Stories
Text of report by corporate-owned Russian news agency Interfax Moscow, 8 October: Russia's decision on its involvement in the construction of the Nabucco gas pipeline will depend on the situation in the region, Russian First Deputy Foreign Minister Andrey Denisov has told Interfax.
Nabucco faces many difficulties, most significantly soaring construction costs and sourcing the gas. However, the EU ETS has the potential to make the project economically viable.
By Jasen Lee Deseret News The Federal Energy Regulatory Commission will hold two meetings in northern Utah this month regarding the 680-mile Ruby Pipeline, and residents who live in the proposed path of the natural-gas pipeline will have their chance to speak out on the controversial project.
Russian oil and gas major Gazprom has appointed Oleg Aksyutin as head of the department of gas transportation, underground storage and utilization, replacing Bogdan Budzulyak, who has announced his retirement.
By Roberts, John Europe needs oil and gas from the South Caucasus and the Caspian. So while the conflict between Georgia and Russia might appear to be mainly about territory, the biggest practical effects are being felt in energy supply. None of the solutions is especially appetising.
KYIV. Oct 7 (Interfax) - Russia's Gazprom (RTS: GAZP) plans to complete negotiations in November with natural gas producers in Central Asia on the terms of cooperation in 2009, a source at the Gazprom group told Interfax.
MOSCOW. Oct 7 (Interfax) - The Russian Energy Ministry thinks that the East Siberia - Pacific Ocean (ESPO) pipeline project should receive state financial support. "The ESPO project should receive some kind of state support," Energy Minister Sergei Shmatko told journalists on Tuesday.
ALMATY. Oct 7 (Interfax) - Kazakhstan has not discussed the amount of its oil that could be pumped through the East Siberia - Pacific Ocean (ESPO) pipeline. "This is a theoretical possibility.
TALAKAN (Yakutia). Oct 6 (Interfax) - Transneft (RTS: TRNF) started up an 1,100-kilometer segment of Eastern Siberia-Pacific Ocean pipeline (ESPO) on Saturday. It is the first segment of the pipeline to be put in operation.
Excerpt from report by Russian state news agency RIA Novosti Moscow, 6 October: The general scheme for the gas industry of Russia until the year 2030 does not include in its export forecasts any gas supplies to China due to a number of factors which question its effectiveness, a draft document in the possession of RIA Novosti says.
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