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Azeri President: Azerbaijan Committed To Nabucco As Supplier

Azeri President: Azerbaijan Committed To Nabucco As Supplier

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

EU Barroso To Seek To Deepen Energy Ties With Ukraine

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

Turkey Energy Min:Nabucco More Important Than Other Projects

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.

India, Kazakhstan Sign Nuclear Fuel Deal

India, Kazakhstan Sign Nuclear Fuel Deal

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

EU Must Back Gas Pipeline Avoiding Russia

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

Russian Gas Crisis Cost Croatia EUR270 Million

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

Gazprom Faces Compensation Claims On Gas Shut Down

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.

Turkeys Akkok May Invest $500M-$1B In Energy

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

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.

Siemens To Cooperate With Russia In Nuclear Power

Siemens To Cooperate With Russia In Nuclear Power

Germany's Siemens AG (SI) is planning to cooperate with Russia's Atomenergoprom in the area of nuclear power, German daily Frankfurter Allgemeine Zeitung reported Saturday.

Hungary PM: Nabucco Financing Could Be Finalized In 09

Hungary PM: Nabucco Financing Could Be Finalized In '09

There's a realistic chance that the financing of the Nabucco gas pipeline project could be finalized in 2009 and construction could start in 2010, Hungarian Prime Minister Ferenc Gyurcsany told state news agency MTI Friday.

Kazakh KazMunaiGas To Invest $1.7B In Kashagan This Year

Kazakh KazMunaiGas To Invest $1.7B In Kashagan This Year

Kazakh state oil and gas company KazMunaiGas said it would invest 208 billion tenge ($1.7 billion) in the development of Kashagan oil field this year, while the company's total investment program for 2009 will equal KZT696 billion.

Bulgarian President Holds Gas Talks In Azerbaijan

Bulgarian President Holds Gas Talks In Azerbaijan

Bulgarian President Georgy Parvanov Thursday held talks with his Azerbaijani counterpart Ilham Aliev on a planned gas supply agreement and a European Union-backed pipeline project, Parvanov's office said.

Ukbekistan: Ready To Transit 16 BCM Gas To Gazprom

Ukbekistan: Ready To Transit 16 BCM Gas To Gazprom

Uzbekistan is ready to transit 16 billion cubic meters of gas to Russian gas monopoly OAO Gazprom (GAZP.RS), the news agency Interfax reported Friday citing Uzbekistan's President Islam Karimov.