Space Travel News  
OIL AND GAS
Gazprom weighing its European options
by Daniel J. Graeber
Paris (UPI) Mar 30, 2016


disclaimer: image is for illustration purposes only

Paris hosted a delegation of Russian energy officials to review French natural gas needs and prospects for pipeline development, Gazprom said.

Gazprom Chairman Alexei Miller led the delegation to meet with French Economic Minister Emmanuel Macron and top administration officials to review cooperation in the natural gas sector. Miller in a statement said "since the beginning of the year Russian gas exports to France have grown by almost 2.8 million cubic feet, which is more than one and a half times higher compared to the previous year."

Gazprom has in the past worked closely with French energy company ENGIE, formerly known as GDF Suez. Both companies are partners in the Nord Stream natural gas pipeline running through the Baltic Sea to European shores. Gazprom said expanding that pipeline was on the agenda during the talks in Paris.

Miller in September signed a shareholder agreement on the development of the second phase of the twin Nord Stream pipeline system with his counterparts at German energy companies BASF and E.ON, as well as those from French company ENGIE, Austria's OMV and Royal Dutch Shell.

Under the proposed expansion, two more lines would be added to the existing network running to the German coast, roughly doubling the pipeline's net capacity.

The European Union has expressed concern about Russia's control over the regional market as the company typically controls both the transit networks and the reserves they deliver. The European Commission earlier this month said it supported the Finnish government's plans to grant $31.5 million to build a terminal for liquefied natural gas. By ending energy isolation for Baltic states, the European body said the strategy is in line with regional efforts to improve energy security. Finland relies almost entirely on Russia for natural gas.

In a separate statement, Gazprom said it signed a deal with Belgian company Fluxys to help advance small-scale LNG projects in the European market.

"By developing this segment, Gazprom will further diversify its export potential and increase sustainable supplies of energy to Europe," Gazprom Deputy Chairman Alexander Medvedev said.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
The Current Oil Price Rally Is Reaching Its Limits
London, UK (SPX) Mar 30, 2016
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. U.S. oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels p ... read more


OIL AND GAS
MHI signs H-IIA launch deal for UAE Mars mission

Launch of Dragon Spacecraft to ISS Postponed Until April

ILS and INMARSAT Agree To Future Proton Launch

Soyuz 2-1B Carrier Rocket Launched From Baikonur

OIL AND GAS
ExoMars performing flawlessly

Opportunity Rover Goes Back Downhill

New Gravity Map Gives Best View Yet Inside Mars

ExoMars probe imaged en route to Mars

OIL AND GAS
Permanent Lunar Colony Possible in 10 Years

China to use data relay satellite to explore dark side of moon

NASA May Return to Moon, But Only After Cutting Off ISS

Lunar love: When science meets artistry

OIL AND GAS
More surprises in store for the New Horizons spacecraft?

Five papers provide new data from flyby of Pluto

Dust counter got few 'hits' on Pluto flyby

Pluto's 'Snakeskin' Terrain: Cradle of the Solar System?

OIL AND GAS
Most eccentric planet ever known flashes astronomers with reflected light

VLA shows earliest stages of planet formation

VLA observes earliest stages of planet formation

NASA's K2 mission: Kepler second chance to shine

OIL AND GAS
US Should Use More Cost-Effective Russian-Made RD-180 Engine

Robert Goddard's Rocket and the Launch of Spaceflight

Engine Test Marks Major Milestone on NASA's Journey to Mars

NASA Prepares to Fly - First RS-25 Flight Engine Test Set for March

OIL AND GAS
China's 1st space lab Tiangong-1 ends data service

China's aim to explore Mars

China to establish first commercial rocket launch company

China's ambition after space station

OIL AND GAS
GRaND Seeks Subsurface Water Ice on Ceres

Bright spots and color differences revealed on Ceres

Rosetta finds magnetic field-free bubble at comet

A 'Tail' of Two Comets









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.