China sign landmark deal to buy 40 billion cubic meters of Turkmen natural gas annuallyJune 25th, 2009 China, Turkmenistan seal landmark energy dealASHGABAT, Turkmenistan — China signed a 30-year deal to increase purchases of natural gas from Turkmenistan by 30 percent, state media reported Thursday — a landmark agreement for Beijing as it competes with Moscow for access to Central Asia's energy wealth. No value was announced for the deal, which also marks another step forward in Chinese efforts to find long-term, stable energy supplies.
China secures landmark deal to buy 40 billion cubic meters of Turkmen natural gas annuallyJune 25th, 2009 China, Turkmenistan seal long-term energy dealASHGABAT, Turkmenistan — China has secured a long-term deal to buy 40 billion cubic meters of natural gas annually from energy-rich Turkmenistan. State newspaper Neutral Turkmenistan reported Thursday the two countries have agreed on the binding details of a 30-year contract to increase China's annual gas purchases from the previously agreed amount of 30 billion cubic meters, starting in 2010.
Russia's Gazprom says gas demand in Europe up, but 2009 revenues to drop sharplyJune 24th, 2009 Gazprom sales weak, but European demand recoveringMOSCOW — Russian gas monopoly Gazprom expects sales to drop by about 40 percent this year despite increased consumption in Europe in recent months, deputy CEO Alexander Medvedev said Wednesday. Gazprom's exports to Europe in the first half of the year will total 60 billion cubic meters, 26 percent less than initially planned, said Medvedev, who is foreign operations chief for the state-controlled behemoth.
Mt. Gazprom? _ Russia region wants to brand mountain with gas monopoly logoJune 23rd, 2009 Gazprom is king of the hill in Russian regionMOSCOW — Coming soon to the stunning snowcapped peaks of southern Siberia — probably the world's highest billboard. Leaders in the remote Russian region of Altai want to name one of the region's tallest mountains in honor of Gazprom, the state-run natural gas monopoly and corporate behemoth.
China pledges $3 billion loan to help energy-rich Turkmenistan develop giant gas fieldJune 7th, 2009 China, Turkmenistan seal $3 billion energy loanASHGABAT, Turkmenistan — China will lend energy-rich Turkmenistan $3 billion to develop its vast South Yolotan natural gas field, Turkmen state media reported Saturday. The loan marks a key step in Chinese efforts to secure long-term energy supplies from ex-Soviet Central Asia and will likely loosen Russia's grip over Turkmenistan's gas exports.
Polish gas monopoly PGNiG reaches deal on gas deliveries with GazpromMay 12th, 2009 Poland's PGNiG, Gazprom reach gas delivery dealWARSAW, Poland — Poland's gas monopoly PGNiG said Tuesday it had reached a deal with Gazprom to receive 1.024 billion cubic meters (1.34 billion cubic yards) of natural gas from the Russian company through the end of September. PGNiG, or Polskie Gornictwo Naftowe i Gazownictwo, estimated the value of the agreement at around $300 million, but said the final value would depend on the world market price of crude oil products.
Ukraine starts receiving Russian gas for transit to EuropeJanuary 19th, 2009 MOSCOW - Ukraine's gas system started receiving Russian gas for transit to Europe Tuesday, a spokesman of Russian energy giant Gazprom said. Following Sunday's talks between the two countries' premiers, Gazprom and Ukrainian energy company Naftogaz Monday signed a contract on Russian gas supplies to Ukraine for 2009-19.
Russia, Ukraine sign new gas contractJanuary 18th, 2009 MOSCOW - Russia's energy giant Gazprom and Ukraine's energy company Naftogaz Monday signed a new contract on Russian gas supplies to Ukraine. Russia's Prime Minister Vladimir Putin said Moscow and Kiev had reached agreement on all issues of gas transit and supplies.
Russia, Ukraine to sign new gas deal Monday, says GazpromJanuary 17th, 2009 MOSCOW - Gazprom is preparing documents on gas supplies to Ukraine and gas transit to Europe for signing Monday, the Russian energy giant said Sunday. 'We are working to ensure that the documents are signed Monday,' Gazprom spokesman Sergei Kupriyanov said.
Russian, Italian firms agree to speed up gas pipeline projectJanuary 15th, 2009 MOSCOW - Amid the ongoing Russia-Ukraine gas dispute, the heads of Gazprom and Italy's Eni have agreed to speed up the construction of the South Stream gas pipeline, the Russian energy giant has said. The South Stream project is a new pipeline under the Black Sea which will serve as another route to transit Russian gas to Europe.
Gas stolen in Ukrainian transportation system: Russian firmJanuary 13th, 2009 MOSCOW - Russian gas has been stolen after being pumped into Ukraine's gas transportation system, an official spokesman for Russian energy giant Gazprom has said. Under Monday's deal with the European Union (EU) and Ukraine, Gazprom Tuesday resumed pumping gas into Ukraine for transit to Europe.
Ukraine refuses to transit gas for Europe: GazpromJanuary 13th, 2009 MOSCOW - Ukraine's national energy company Naftogaz refused to accept Russian gas due to be transited to Europe for the second day running, Russia's gas monopoly Gazprom said Wednesday. Gazprom said it submitted another application with Naftogaz Wednesday for the transit of 98.8 million cubic meters of gas that include 13.9 million cubic metre meant for Moldova, 62.7 million for the Balkan states, and 22.2 million for Slovakia.
Ukraine stops all gas supplies to Europe: GazpromJanuary 6th, 2009 BERLIN/KIEV - Ukraine has closed down the fourth and final pipeline pumping Russian gas to Europe, Russia's energy giant Gazprom said Wednesday. Ukraine's national energy company Naftogaz said Gazprom had stopped feeding gas to Ukrainian pipes, hence it closed down its network.
Russian gas deliveries to Turkey, Balkan states haltedJanuary 5th, 2009 MOSCOW - Russian gas supplies through Ukraine to Turkey have stopped, the Turkish minister of energy and natural resources said Tuesday. Mehmet Hilmi Guler said Turkey was trying to compensate for the loss with supplies from elsewhere.
Ukraine illegally tapped Europe-bound Russian gas: GazpromJanuary 3rd, 2009 MOSCOW - Ukraine illegally tapped 50 million cubic metres of Russian natural gas bound for European consumers, a spokesman for Russian energy giant Gazprom said Sunday. 'Over the past 24 hours (since Saturday), we fed 295 million cubic metres of gas into the Ukrainian gas transportation system that was more than requested by European consumers, but we had only 270 million on the output (data),' Sergei Kupriyanov said.