Subscribe free to our newsletters via your
. Space Travel News .




OIL AND GAS
Russian gas giant Gazprom extends reach
by Daniel J. Graeber
St. Petersburg, Russia (UPI) Jun 19, 2015


disclaimer: image is for illustration purposes only

Russian energy company Gazprom during an investment forum in St. Petersburg has moved to strengthen its global hand with a new deck of proposals.

Gazprom this week already signed memoranda with its partners in the twin Nord Stream pipeline to Germany to potentially add two new lines to the route.

The first leg of Nord Stream went into service in 2011. A year later, British energy company BP said it was considering linking the Nord Stream natural gas pipeline to British ports.

Nord Stream runs through the Black Sea to Germany and is among Gazprom's routes that avoids geopolitically sensitive territory in Ukraine. Russia meets about 20 percent of the European demand for natural gas, though more than half of those reserves have run through the Soviet-era pipeline network in Ukraine.

Europe, for its part, has looked to Azerbaijan as gas supplier as the region moves to break the Russian grip on the energy sector.

Gazprom in a flurry of arrangements brokered in St. Petersburg moved its reach into the liquefied natural gas market. LNG, which relies in part on maritime shipments, is less exposed to geopolitical risks than pipelines.

Alexei Miller, the chairman of Gazprom, discussed the potential for bilateral cooperation in the LNG sector with Egyptian Trade Minister Mounir Fakhry Abdel Nour. An agreement on strategic cooperation with Royal Dutch Shell extends to the LNG sector via possible extensions to the existing LNG plant in Sakhalin in the Far East.

"The project for constructing the third process train of the LNG plant within the Sakhalin II project can make a great contribution to Gazprom's strategy for LNG production and sales as well as to reinforcing the company's stance in the Asia-Pacific markets," Miller said in a statement.

With a European economy looking to break the Russian grip on the region's energy sector, the Kremlin has shifted focus on building successful trade relations with Asia-Pacific economies.


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




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Total U.S. crude oil imports up
Washington (UPI) Jun 18, 2015
Total U.S. crude oil imports for the week ending June 12 spiked more than 6 percent, with Middle East producers contributing to the rise, federal data show. The U.S. Energy Information Administration published data for the week ending June 12, showing total crude oil imports averaged 7.1 million barrels per day, up by 440,000 bpd from the previous week. Canada is the No. 1 crude ... read more


OIL AND GAS
Garvey Spacecraft selects Pacific Spaceport Complex

Arianespace restructure signals major changes in company governance

NASA issues RFP for New Class of Launch Services

SpaceX achieves pad abort milestone approval for Commercial Crew

OIL AND GAS
NASA Signs Agreements to Advance Agency's Journey to Mars

New study favors cold, icy early Mars

Scientists find methane in Mars meteorites

Red Planet Rising

OIL AND GAS
Crashing comets may explain mysterious lunar swirls

Google Lunar X-Prize meets Yoda

China, Russia plan joint landing on the Moon

NASA's LRO Moves Closer to the Lunar Surface

OIL AND GAS
Different Faces of Pluto Emerging in New Images from New Horizons

One Month from Pluto

NASA Lets You Experience "Pluto Time" with New Custom Tool

Pluto probably a binary planet with largest moon Charon

OIL AND GAS
Helium-Shrouded Planets May Be Common in Our Galaxy

Hubble detects stratosphere-like layer around exoplanet

Work-experience schoolboy discovers a new planet

Hubble in 'Oh Planet, What Art Thou?' 25th Anniversary Video

OIL AND GAS
RS-25 Engine Fires Up for Third Test in Series

Boeing to Build Third All-Electric

Faster Than Light: China's Hypersonic WU-14 Getting on Pentagon's Nerves

US space firm supports need to ease Russian rocket engines ban

OIL AND GAS
Electric thruster propels China's interstellar ambitions

China Plans First Ever Landing On The Lunar Far Side

China ranked 4th among world space powers

3D printer making Chinese space suit parts

OIL AND GAS
Philae wake-up triggers intense planning

UCLA-led NASA mission provides closest ever look at dwarf planet Ceres

The quest to find Philae

Sunset Jets on Rosetta's Comet




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - 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. 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. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.