English Edition

EIB: Ready To Finance Up To 25% Of Nabucco Pipeline Costs

Τρι, 27 Ιανουαρίου 2009 - 14:28

The European Investment Bank is ready to finance up to 25% of the estimated EUR8 billion costs for the Nabucco pipeline which aims to ship natural gas straight to Europe from Central Asia via Turkey, EIB President Philippe Maystadt said Tuesday.

Czech PM:South, Nord Stream Pipelines Threaten Nabucco

Τρι, 27 Ιανουαρίου 2009 - 14:27

South and Nord Stream pipelines, which aim to bring natural gas to Europe from Russia, pose a threat to the planned Nabucco pipeline due to deliver gas from the Caspian Sea to Europe via Turkey, the Czech prime minister said Tuesday.

Azeri President: Azerbaijan Committed To Nabucco As Supplier

Τρι, 27 Ιανουαρίου 2009 - 14:26

Azerbaijan continues to support the Nabucco natural gas pipeline, a project connecting the Caspian Sea with Europe via Turkey, both in the capacity as potential supplier and transit country, Azeri President Ilham Aliyev said Tuesday.

EU Barroso To Seek To Deepen Energy Ties With Ukraine

Τρι, 27 Ιανουαρίου 2009 - 14:25

The European Commission will seek to strengthen and improve energy ties with Ukraine, European Commission President Jose Manuel Barroso said Tuesday during a press conference after meeting with Ukraine's President Viktor Yushchenko.

Turkey Energy Min:Nabucco More Important Than Other Projects

Τρι, 27 Ιανουαρίου 2009 - 14:24

Turkey sees the Nabucco pipeline project, which aims to bring natural gas from Central Asia to Europe via Turkey, as more important than other energy projects in the region, Turkish Energy Minister Guler Hilmi said Tuesday.

Gas Coordination Group: Solidarity works and the EU's gas market adapts to challenges of gas crisis

Δευ, 26 Ιανουαρίου 2009 - 14:05

The mitigation measures undertaken by EU companies and Member States have allowed most countries to successfully manage the situation in a way which is the least disruptive for their consumers. Bulgaria remains the worst affected country but some measures have been proposed to bring gas from Greece to Bulgaria.

Gazprom, Uzbekistan Agree On European Gas Pricing Formula

Δευ, 26 Ιανουαρίου 2009 - 12:36

Russia's state-controlled gas firm OAO Gazprom (GAZP.RS) will buy natural gas from Uzbekistan on a European pricing formula starting this year, the company said Friday.

India, Kazakhstan Sign Nuclear Fuel Deal

Δευ, 26 Ιανουαρίου 2009 - 12:35

India signed an agreement with Kazakhstan on Saturday for the supply of uranium fuel for its nuclear plants, the Indian Foreign Ministry said, Kyodo News reported.

EU Must Back Gas Pipeline Avoiding Russia

Δευ, 26 Ιανουαρίου 2009 - 12:33

The European Union must give solid support for the ambitious Nabucco gas pipeline project, Hungarian Prime Minister Ferenc Gyurcsany said Friday following a crisis over Russian gas imports this month.

Russian Gas Crisis Cost Croatia EUR270 Million

Δευ, 26 Ιανουαρίου 2009 - 12:32

This month's cut-off of Russian gas deliveries cost Croatian industry about EUR270 million, the main grouping of Croatian employers said Sunday.

Gazprom Faces Compensation Claims On Gas Shut Down

Δευ, 26 Ιανουαρίου 2009 - 12:30

Despite pointing the finger at Ukraine during the recent gas dispute, Russia could be on the hook for millions of dollars in compensation after failing to meet energy commitments to freezing European nations.

Turkey's Akkok May Invest $500M-$1B In Energy

Δευ, 26 Ιανουαρίου 2009 - 12:29

Turkish Akkok Group, owner of Turkish energy firm Akenerji Elektrik Uretim AS (AKENR.IS), may invest between $500 million and $1 billion in energy projects, Turkish business daily Dunya quoted Chief Executive Mehmet Ali Berkman as saying Monday, the Ihlas News Agency, or IHA, reported.

EU Removes Iranian Opposition Grp From Terrorist List

Δευ, 26 Ιανουαρίου 2009 - 12:27

The European Union on Monday removed the main Iranian opposition group in exile from its list of terrorist organizations, E.U. diplomats said.