Gazprom controls 32 licenses in the region and resource estimates exceed 26 trillion cubic meters.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »Russia Close to Become a Dominant Player in Global LNG Market
The first production unit at Arctic 2 LNG will come online by the end of the third quarter of 2023.
Read More »Private Companies may be Allowed to Develop Arctic Shale
Gazprom and Rosneft are developing large deposits on the Arcric shale at the moment.
Read More »Nord Stream 2 Consortium Insists Project will be Completed on Schedule despite Danish Delay
French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.
Read More »Tensions Surrounding the South China Sea
China aims to secure exclusive access to such arrangements for its own oil giants.
Read More »Two Thirds of Nord Stream 2 Pipeline has been Completed
The new gas pipeline will double the capacity of the first Nord Stream. the route of which it will basically repeat.
Read More »Russia Needs Legal Guarantees to Extend Turkish Stream Gas Pipeline to EU Soil
The pipeline’s offshore section is expected to equal about 910 km.
Read More »TurkStream will Strengthen Russia`s Influence in European Energy Market
Growing LNG-capacities in Europe will be a constraint for Turkey in its path to dictate terms to the EU as a regional gas hub.
Read More »Nord Stream 2 AG Challenges EU Gas Rules
The Nord Stream 2 pipelin is opposed by the EU institutions and some EU members.
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