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Pipelines

MOL to ready to sell Nabucco stake - Chairman

MOL is ready to sell its stake in the Nabucco pipeline project over project management concerns, Chairman Zsolt Hernadi said on Thursday, according to Reuters. “We have signalled that we are ready to sell our shares if necessary... we had to send a very strong signal now that we are not willing to finance this any longer,” Hernadi said, accordi

26 March 2012
Gas to Power

Power problems take shine off East African offshore finds

BG Group and Eni both announced gas discoveries off the East African coastline on Monday, further enhancing the region’s prospectivity. But severe energy shortages, price increases and under investment in infrastructure in both Tanzania and Mozambique mean there is growing political pressure onshore to use these offshore reserves for domestic pur

26 March 2012
Storage

Appraisal of bids for Ukraine's gas-transport system

Naftogaz Ukrainy predicts that the appraisal bids for Ukraine's gas-transport system, including underground storage facilities, will finish by the end of June.

26 March 2012
Storage

Worries over US storage capacity amid rising inventories

An early start to injection season and a larger-than expected inventory build are reinforcing industry fears that gas storage in the United States could hit capacity this year, and force production curtailments.

26 March 2012
Gas to Power

GE signs power MOU as shortages continue in Nigeria

US group General Electric signed a memorandum of understanding with the Nigerian government on Sunday to cooperate in building new power generation capacity in the country, according to a report.

26 March 2012
Pipelines

EU to decide on funding for Ukrainian gas pipeline modernisation in June-July

Gunter Oettinger, the European Union's energy commissioner, has said he hopes international financial institutions will make the decision to invest in the modernisation of the Ukrainian gas transport system (GTS), specifically the first stage of the reform, in June or July.

23 March 2012
Pipelines

CNPC to build undersea pipeline

China National Petroleum Corp. (CNPC), China’s largest gas pipeline operator, has proposed building an undersea pipeline from a Chinese port to South Korea to supply the country with Russian gas, South Korean newspaper JoongAng Ilbo reported on Friday.

23 March 2012
Pipelines

Moldova expected to extend gas contract with Gazprom by three months

Moldova is expected to extend an agreement on gas supply with Gazprom by three months, Moldovan Deputy Prime Minister Valeriu Lazar, who is also the country's economics minister, told reporters after a cabinet meeting on Wednesday.

22 March 2012
Storage

Spanish underground storage capacity to increase by 80%

Two gas storage projects, Yela and Castor, are due to come onstream in Spain in the next couple of months. But will it be enough to bring the country up to speed with its European neighbours?

21 March 2012
Pipelines

Bulgaria to join Azerbaijani-Turkish pipeline?

Bulgaria wants to join the Azerbaijani-Turkish gas pipeline to purchase fuel in urgent cases, Bulgarian Prime Minister Boiko Borisov said at a meeting with his Turkish counterpart Recep Tayyip Erdogan in Ankara on Wednesday. Bulgaria plans to purchase 1 bcm of gas annually.

21 March 2012
Gas to Power

India bars new power plant projects as gas shortage worsens

India has set a moratorium on the development of new gas-fired power plants for the next four years, as the steep decline in domestic gas supplies have threatened the viability of nearly 40 gigawatts of existing and planned projects, sources in the Indian Ministry of Power have told Interfax.

21 March 2012
Pipelines

Pipeline approved to connect networks with Jemgum storage scheme

Wingas, a subsidiary of Germany's Wintershall BASF, has received permission to develop a pipeline linking the Jemgum gas storage facility to Oude Statenzijl on the German/Dutch border, with construction now expected to begin in April

21 March 2012
Gas to Power

Hong Kong utilities grapple with cost of gas-fired power

A global financial hub with some of the world’s highest living standards, Hong Kong’s recent ranking in a February study from non-governmental organisation Clean Air Network as the eighth worst place for air pollution mortality out of 193 countries offered another embarrassing piece of evidence in the territory’s widely acknowledged struggle

20 March 2012
Gas to Power

Consultancy sees shift in US role in global energy

Rising unconventional gas production is altering the US’ role in global energy trade. The country could become a net exporter not only of gas, but of coal as well

19 March 2012
Storage

EWE

Germany's EWE has received all the necessary permits to build an underground gas storage facility at Moeckow, East Pomerania, 20 km from the Nord Stream pipeline's landfall at Greifswald, the company said.

19 March 2012
Gas to Power

Japan hopeful of cheaper US LNG exports as costs rise

With rising LNG imports, oil-indexed prices and widespread public opposition to nuclear restarts, Japan is increasingly hopeful that cheaper United States LNG exports will come online.

19 March 2012
Gas to Power

Shanxi International Electricity to build CBM-fired power plant

Shanxi International Electricity Group (SIEG) will begin construction in May on a coal-bed methane-fired (CBM) Combined Cooling, Heat and Power (CCHP) plant in Taiyuan, capital of Shanxi Province, SIEG announced.

19 March 2012
Gas to Power

UK’s gas-fired power future assured in government overhaul

The future of gas-fired power in the UK energy mix has been given positive endorsement by the Department of Energy and Climate Change (DECC) as it set out its new electricity reform plans.

19 March 2012
Pipelines

Nord Stream lays offshore pipeline ahead of schedule

Nord Stream on Wednesday finished laying the second 1,224-km line of the offshore gas pipeline in the Baltic Sea ahead of schedule, the consortium said in a press release.

18 March 2012
Pipelines

Rerouting delays won't disrupt initial gas supply for NEL pipeline

Development of the NEL gas pipeline linking Nord Stream's landfall site at Lubmin, Germany with a storage facility at Rehden will be partially delayed by a year as E.On Ruhrgas reroutes part of its segment of the project.

16 March 2012

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