METI official: Japan could increase LNG purchases for emergency reserves to almost 1 million T per year.
An official from the industry ministry stated that Japan may increase its purchases of LNG for emergency purposes to at least twelve cargoes per year, up from the current three, in order to protect against supply shocks. The plan to boost reserves involves the second largest LNG buyer in the world, China.
SENER Names Álvaro Lorente as MD
Spanish engineering and technology group SENER has appointed Alvaro Lorente, former Operations Manager in the energy division as Managing Director.He graduated in Industrial Engineering from the Pontificia Comillas University (ICAI), majoring in Electrical Engineering, and joined SENER in 1991.
Gazprom to Start Gas Supply to China
Russian gas giant Gazprom will start supplying Russian natural gas to China via the Power of Siberia pipeline almost one month early than previously planned.Alexey Miller, Chairman of Gazprom Management Committee, said after the negotiations with representatives of Chinese partner CNPC in Beijing…
Russian President Commissions Kaliningrad LNG Terminal
Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea. The facility includes floating storage regasification unit…
Lithuania Inks U.S. LNG Supply Deal
Lithuania's state-owned gas trader Lietuvos Duju Tiekimas (LDT) said on Monday it had signed a deal to buy liquefied natural gas (LNG) directly from the United States for the first time and expects to receive a delivery in the second half of August. The…
Gazprom, CNPC discuss gas supplies to China
Gazprom and CNPC held meeting of Joint Coordinating Committee to discuss the progress of the project for natural gas supplies from Russia to China via the eastern route. This was a regular meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC that took place in Beijing.
Latvia Mulls Options for Baltic Gas Facility
Latvia to liberalise gas market next April. A number of companies, including Germany's Open Grid Europe (OGE), are considering buying a stake in Latvia's future gas grid and storage operator Conexus Baltic Grid, the country's economy minister said. Latvia's…
Gazprom Export opens gas storage facility in Czech Republic
Gazprom Export, a division of Russia's top natural gas producer Gazprom, said that its underground gas storage facility in the Czech Republic started operating on Friday. The storage facility, to be operated by Moravia Gas Storage, a joint venture company of the Czech MND Group and Gazprom Export…
Issues on China-Russia Gas Deal Addressed
A Gazprom delegation headed by Alexey Miller, Chairman of the Company's Management Committee, paid a working visit to China today. During the visit a meeting was held between Alexey Miller and Zhang Gaoli, First Vice Premier of China's State Council. The parties addressed strategic bilateral cooperation.
Fick Appointed M.D. Gazprom EP International
Andrey Fick has been appointed Managing Director of Gazprom EP International B.V. by resolution of the company's General Shareholders Meeting. Andrey Fick was born in the Krasnodar Territory, Russia, in 1969. He graduated from the Krasnodar Polytechnic Institute in 1993, majoring in Engineering Technologies.
Gazprom Export’s Baltic Gas Auction
Gazprom Export has announced the startup of a second gas auction – now gas will be supplied to the Baltic States. The auction will be carried out by Gazprom Export LLC in the middle of March 2016. Gas sold at the auction is to be delivered in the 2nd, 3rd…
Russian Gas Supply to Serbia Up 23.6%
Russian gas deliveries to Serbia grew by 23.6 per cent to 1.7 billion cubic meters according to preliminary figures for 2015. This was noted during a meeting between between Alexey Miller, Chairman of the Company's Management Committee and Slavenko Terziс…
Latvia and Lithuania to Work on Developing a Gas Market
Latvia and Lithuania have agreed to work on developing a gas market, committing to provide participants with access to infrastructure, a memorandum signed on Friday showed. Lithuania opened a liquefied natural gas (LNG) import terminal in 2014 and started…
Serbia to Double Underground Gas Storage Capacity
Serbia's sole underground gas storage site, majority owned by Russia's Gazprom Neft, will be expanded to store 1 billion cubic metres of gas, one third of the country's annual gas needs, the CEO of Serbia's gas utility said on Thursday. The Banatski Dvor…
Latvian Gas Utility Opposes Govt's Restructuring Plan
Latvia's gas utility Latvijas Gaze, partly owned by Russia's Gazprom, is opposing restructuring plans approved by the Baltic state's government, the company said on Wednesday. The government said on March 3 that it wanted to split Latvijas Gaze by the beginning…
Lithuanian Energy Group Calls for Rule Change on LNG Imports
Lithuania's state-owned energy group Lietuvos Energija said on Monday national rules had to be changed to allow it to sell some liquefied natural gas (LNG) cargoes it had contracted from Norway's Statoil in the global market as domestic demand falls. Lithuania…
Gazprom adds over 800 bcm of gas
Gazprom hosted today Press Conference at its headquarters to provide an update on the company's performance on Mineral and Raw Material Base Development. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman of the Management Committee…
Russia, Serbia Address Cooperation in Energy Sector
At a meeting hosted in Belgrade today between Alexey Miller, Chairman of the Gazprom Management Committee and Aleksandar Vucic, Prime Minister of the Republic of Serbia issues of the bilateral cooperation in the energy sector were deliberated upon. Special…
Russian Gas Supply to China
At a meeting hosted by Beijing today the issues of bilateral cooperation, particularly the preparations for the contract on Russian natural gas supply to China via the western route were addressed. At today's working meetings Alexey Miller, Chairman of the Gazprom Management Committee…
Latvia Says Plans to Split Gas Monopoly in 2017
Latvia's government finalised on Tuesday a plan to split its natural gas monopoly Latvijas Gaze to boost competition, in line with European Union rules, and said it would be completed in 2017. The plan sets the Baltic states on a collision course with its sole gas supplier…
