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Missile defence in Europe no threat to Russia, US says
The United States insisted Wednesday that plans to stage missile defences in Europe does not pose a threat to Russia, after Russian President Dmitry Medvedev threatened to quit a key nuclear arms reduction agreement.
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Estonian gas market liberalisation plan to be completed by October
Estonian main electricity grid company Elering ordered an analysis from Pöyry Management Consulting (UK) Ltd on pro and contra arguments concerning liberalisation of the Estonian natural gas market and the plan on future activities, LETA/Delfi reports.
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Kazakhstan set to freeze major gas project
Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders in the project, the Kazakh oil and gas minister said on Wednesday.
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Nabucco Postponed, Turkmenistan Focuses on Trans-Caspian
Once again as it has before in its troubled history, the Nabucco pipeline consortium has announced a postponement of construction until 2013, citing a lack of supply contracts, Robert M. Cutler of the Asia Times reports. Gas would not start pumping until 2017
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GE Gas Turbines to Provide Power for Sochi, Russia
Abundance of Natural Gas, Favorable Gas Pricing Help Drive Demand for Gas Turbines --Power Producers Seeking Flexible, Efficient Methods to Meet Electricity Demand --GE Gas Turbines Surpass 300 Million Hours of Operation GE (NYSE: GE) today announced it will supply two advanced technology aeroderivative gas turbines that will help to power the 2014 Winter Olympic Games in Sochi, Russia. The latest in a series of gas turbine orders received by GE in recent months, the project underscores a strong global demand for flexible, cost-effective and efficient electricity generation.
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LUKOIL sees protracted talks on Kazakh gas field
A solution to a shareholder dispute over the development of Kazakhstan's most prospective gas field could take anything from six months to 10 years, the head of Russian shareholder LUKOIL (LKOH.MM) said on Tuesday.
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Poland Warns EU Not to Interfere with Shale Gas Development
In the wake of the French government's decision to ban hydro-fracking, Poland has warned the European Commission (EC) against imposing restrictions on unconventional gas extraction technologies, but given the lack of control the EC has over such issues, the warnings are somewhat redundant.
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Japan suffers fresh setback at Fukushima
Japanese officials are readying a new approach to stabilizing a reactor at a nuclear plant crippled by an earthquake and tsunami after discovering a leak from the containment vessel of enough radioactive water to fill an Olympic swimming pool.
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