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LNG Cant Replace Russia Gas Imports In Europe

LNG Can't Replace Russia Gas Imports In Europe

Europe would need as much as four extra liquefied natural gas cargoes a day to offset the lost natural gas supply from Russia through Ukraine, LNG Intelligence reported Thursday, citing an executive from Total S.A. (TOT).

CNPC Signs Contract To Develop Iranian Oilfield - Xinhua

CNPC Signs Contract To Develop Iranian Oilfield - Xinhua

China National Petroleum Corp. signed Wednesday a $1.76-billion contract with the National Iranian Oil Co. allowing CNPC to exploit the North Azadegan oilfield in Iran, Xinhua reported Thursday.

Ukraine Leader Promises Total Volume of Gas Transit to Europe

Ukraine Leader Promises Total Volume of Gas Transit to Europe

KIEV (AFP)--Ukraine will transit Russian gas to Europe as soon as Moscow provides the "total volume" required, President Viktor Yushchenko told German Chancellor Angela Merkel Thursday, his office said.

Russia Proposes New Summit As Gas Row Drags On

Russia Proposes New Summit As Gas Row Drags On

MOSCOW (Dow Jones)--Russia Wednesday proposed a fresh round of talks in a bid to resolve the natural gas dispute that has left parts of Europe without power, saying a meeting of all the parties involved could also help prevent a repeat of the stalemate in the future.

Ukraine Holds Europe Hostage

Ukraine Holds Europe Hostage

NOVO OGAREVO, Russia (AFP)--Ukraine has taken European countries "hostage" in its dispute with Russia over gas, Prime Minister Vladimir Putin said Wednesday.

Ukrainian, Polish Leaders Meet For Gas Dispute Talks

Ukrainian, Polish Leaders Meet For Gas Dispute Talks

WISLA, Poland (AFP)--Ukraine's President Viktor Yushchenko arrived in Poland Wednesday for talks with his Polish counterpart Lech Kaczynski, a staunch ally of Kiev in its gas row with Russia.

DJ Gazprom CEO: May Send Gas To Slovakia Via Ukraine Swap

DJ Gazprom CEO: May Send Gas To Slovakia Via Ukraine Swap

MOSCOW (Dow Jones)--Russia could arrange the supply of gas to Slovakia through an exchange with neighboring Ukraine, which Moscow accuses of blocking transit shipments to Europe, OAO Gazprom (GAZP.RS) said Wednesday

Italy Can Meet Winter Gas Demand Without Russia Supplies-Min

Italy Can Meet Winter Gas Demand Without Russia Supplies-Min

ROME (Dow Jones)--Italian natural gas stockpiles are sufficient to meet the country's needs this winter in the event Russian supplies don't restart, said Industry Minister Claudio Scajola Wednesday.

Russian Pres:Gazprom Lost $1.1B Europe Rev Since Jan 1-Report

Russian Pres:Gazprom Lost $1.1B Europe Rev Since Jan 1-Report

MOSCOW (Dow Jones)--Russian gas monopoly OAO Gazprom (GAZP.RS) has lost $1.1 billion in revenue from European exports since Jan. 1 as a result of its dispute with Ukraine, the Interfax news agency cited President Dmitry Medvedev as saying Wednesday.

Ukraines Tymoshenko Says Ready To Meet Putin On Gas Crisis

Ukraine's Tymoshenko Says Ready To Meet Putin On Gas Crisis

KIEV (AFP)--Ukrainian Prime Minister Yulia Tymoshenko said Wednesday that she was ready to meet her Russian counterpart Vladimir Putin and that negotiations on Europe's gas crisis needed to move to the "level of governments."

Ukraine Refuses to Transit Russian Natural Gas

Ukraine 'Refuses' to Transit Russian Natural Gas

MOSCOW (AFP)--Ukraine refused Wednesday to transit Russian natural gas to several countries in Europe, Russian gas giant OAO Gazprom (GAZP.RS) said.

Ukraines Pres Yushchenko Rejects Blame In Russian Gas Row

Ukraine's Pres Yushchenko Rejects Blame In Russian Gas Row

WISLA, Poland (AFP)--Ukraine President Viktor Yushchenko, who is locked in a politically-charged row with Moscow that has left many European consumers without gas, Wednesday dismissed accusations that Kiev was to blame for the crisis.

EU Warns Of Political Consequences

EU Warns Of Political Consequences

STRASBOURG (AFP)--The gas crisis between Russia and Ukraine will have "political consequences" for relations with the E.U. if it isn't resolved quickly, the 27-nation bloc's Czech presidency warned Wednesday.

Turks Pushing for Pipeline that Would Enhance Role as Energy Hub

Turks Pushing for Pipeline that Would Enhance Role as Energy Hub

Turkey is hoping to become an alternative route for Europe’s energy imports – but its ambitions face tough practical and political challenges. Turkey is pushing plans for a pipeline that would bypass both Russia and Ukraine in a bid to strengthen its role as an energy crossroads between Central Asia and the Middle East to Europe.

EU Keeps Up Pressure After Russia-Ukraine Gas Deal Falters

EU Keeps Up Pressure After Russia-Ukraine Gas Deal Falters

MOSCOW (AFP)--European Union leaders kept up pressure Wednesday on Russia and Ukraine to resolve their gas dispute after an attempt to resume transit supply failed to deliver gas to European consumers.

East Europeans Angry With Russia as the Cold Sets In

East Europeans Angry With Russia as the Cold Sets In

Aleksa Branisavljevic's apartment is freezing, but his anger toward Russia burns hot. His every breath a visible plume, the elderly Belgrade resident railed against Moscow yesterday for a standoff with Ukraine that has shut off natural gas supplies to millions of Eastern Europeans while those to the west have plenty of heat.