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Energy Min: Russia May Modernize Ukraine Gas Pipelines

Energy Min: Russia May Modernize Ukraine Gas Pipelines

A new natural gas agreement being negotiated by Russia and Ukraine envisions Moscow's participation in the reconstruction of Ukraine's pipeline network, Energy Minister Sergei Shmatko said Monday, the RIA Novosti news service reports.

Russia Says Launch Of Iran Nuclear Plant Delayed

Russia Says Launch Of Iran Nuclear Plant Delayed

A nuclear power plant that Russia is building in Iran won't start operations by the end of 2009 as previously announced, Energy Minister Sergei Shmatko was quoted as saying by news agencies Monday.

Russia May Become Singapores Exclusive LNG Supplier

Russia May Become Singapore's Exclusive LNG Supplier

Russian gas giant OAO Gazprom (GAZP.RS) may become the exclusive supplier of liquefied natural gas to Singapore once the country's current deal expires with Centrica PLC's (CNA.LN) British Gas, RIA Novosti reports Monday, citing the head of resources company Keppel Corp. (BN4.SG).

Min Says Turkey Plans 2nd Nuclear Tender In 3-4 Months

Min Says Turkey Plans 2nd Nuclear Tender In 3-4 Months

Turkey plans to issue the second nuclear tender to build and operate a nuclear power station in Turkey in three to four months, Turkish Energy Minister Taner Yildiz said Monday, the Ihlas News Agency, or IHA, reported.

Bulgaria, Azerbaijan to Share in Project for Trans-Black Sea Compressed Natural Gas Transport

Bulgaria, Azerbaijan to Share in Project for Trans-Black Sea Compressed Natural Gas Transport

Bulgaria and Azerbaijan will participate in a project for transportation of Azeri compressed natural gas to Bulgaria via Georgia and across the Black Sea. This provided for by a Memorandum of Energy Cooperation between Bulgaria's Economy, Energy and Tourism Ministry and Azerbaijan's Industry and Energy Ministry and a Memorandum of Cooperation between Bulgaria's state-owned Bulgartransgaz and the State Oil Company of the Azerbaijani Republic (SOCAR), signed here Friday during a one-day working visit to Sofia by Azerbaijan's President Ilham Aliyev.

Talks Start On Nabucco Gas Project For EUR1.5B Loan

Talks Start On Nabucco Gas Project For EUR1.5B Loan

The parties of the Nabucco natural gas pipeline project have started negotiations with two European top lenders to borrow almost EUR1.5 billion for the project's construction, news agency Mediafax reports, citing officials from Romanian state-run gas pipeline operator Transgaz (TGN.RO).

Turkey Minister: Nuclear Plant Regulation May Change

Turkey Minister: Nuclear Plant Regulation May Change

Turkey plans to change nuclear plant regulation instead of appealing a court's decision that suspended some articles in the regulation, Turkish Energy Minister Taner Yildiz said Friday, the Ihlas News Agency, or IHA, reports.

Renault To Build Fluence Electric Car In Turkey

Renault To Build Fluence Electric Car In Turkey

French automotive group Renault SA (RNO.FR) said Friday it will build the electric version of its Fluence sedan at the plant at Bursa, Turkey, which it shares with local company Oyak Yatirim Ortakligi AS (OYAYO.IS).

Slovenia: PM To Sign Deal With Russia For Gas Pipeline

Slovenia: PM To Sign Deal With Russia For Gas Pipeline

Prime Minister Borut Pahor will sign a deal in Russia Saturday for the construction through Slovenia of the massive South Stream gas pipeline to western Europe, a government minister said Thursday.

Finnish Court Lifts Halt On Nord Stream Mine Clearing

Finnish Court Lifts Halt On Nord Stream Mine Clearing

A Finnish court lifted Friday a halt on ammunition clearing in the Baltic Sea imposed on Russian-led consortium Nord Stream in preparation for its planned gas pipeline.

Explosion Hits S Russia Gas Distribution Facility

Explosion Hits S Russia Gas Distribution Facility

An explosion hit a gas distribution facility in southern Russia's Stavropol territory Friday, Russian news agency RIA Novosti reports on its Web site, citing a local emergencies spokesman.

Mytilineos Breaks Gas Monopoly

Mytilineos Breaks Gas Monopoly

Metals and energy group Mytilineos will import liquefied natural gas (LNG) to Greece, breaking the monopoly held on the energy source by state gas company DEPA, it said yesterday. Mytilineos CEO Evangelos Mytilineos told an energy conference that by the end of the month his company will have imported by ship 65,000 cubic meters of natural gas purchased from Italy’s Eni.

Gas Cutoff Worries Linger

Gas Cutoff Worries Linger

Central and Southeastern European nations are better prepared for a potential gas cutoff this winter but have made little progress in weaning themselves off Russian supplies. Last winter, a contract dispute between Kiev and Moscow spurred the Russians to shut down a pipeline serving the region, leaving hundreds of thousands of people without gas heating in freezing temperatures and forcing businesses to close.

Total/CNPC Bid For Iraq Majnoon Field Was

Total/CNPC Bid For Iraq Majnoon Field Was

PARIS (Dow Jones)--French oil major Total SA (TOT) and China National Petroleum Corp.'s offer for Iraq's Majnoon oil field was "balanced," a spokesman for the company said Friday, after the license was awarded to a consortium of Royal Dutch Shell PLC (RDSB) and Malaysia's Petroliam Nasional Bhd, or Petronas.

Turkish Bosporus Strait Closed Due To Heavy Storm – IHA

Turkish Bosporus Strait Closed Due To Heavy Storm – IHA

ISTANBUL (Dow Jones)--Turkey's Bosporus Strait has been closed to tanker traffic due to heavy storm, an official from the Turkish Coastal Safety Agency said Friday, the Ihlas News Agency, or IHA, reports.