Medical and Hospital News  
OIL AND GAS
European energy market still on Putin's radar
by Daniel J. Graeber
Moscow (UPI) May 26, 2016


disclaimer: image is for illustration purposes only

Working with the Greek government, Russian President Vladimir Putin said his country could make regional energy aspirations for Europe a possibility.

Putin, before arriving in Greece later this week, published an article in the Greek daily Kathimerini that describes how the island nation could help support Russia's energy ambitions in southern Europe.

"As we are aware of the Greek government's plans to turn the country into a considerable energy junction in the Balkans, we have persistently included Greece in the plans to build up supplies of hydrocarbons to Central and Western Europe," he wrote.

A joint venture formed by Italian engineering company Bonatti and its Greek counterpart, J&P AVAX, secured two contracts this year for pipelines that will run through northern Greece to the Albanian border from the consortium leading the Trans-Adriatic natural gas pipeline. TAP will start delivering gas from the Shah Deniz gas project offshore Azerbaijan to European consumers in 2019 and is part of a broader regional effort to wean the market off Russian gas.

Russia supplies about a quarter of Europe's gas, though much of that runs through Ukraine, where regional conflicts have created risks to energy security.

Russian energy company Gazprom, under competition pressure from the European Commission, proposed the so-called Turkish Stream gas pipeline as an alternative to a broader South Stream pipeline network meant to feed European markets. Bulgaria's decision in 2014 to back away from South Stream led in part to a derailment of the project.

"Gazprom has been actively promoting the South Stream project but its implementation became impossible because of a prohibitive position taken by the European Commission," Putin wrote. "Although we had to curtail the project, the issue of southern routes for deliveries of our energy resources to the EU member-states remains on the agenda."

The board of directors at Gazprom met in Moscow last week to review long-term objectives in the natural gas market. While Europe is one of its main customers, the company said it aims to increase its gas export options for Asia.


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
ExxonMobil, Chevron investors defeat climate resolutions
New York (AFP) May 25, 2016
ExxonMobil and Chevron investors sided with the oil giants on climate change at annual meetings on Wednesday, rejecting shareholder resolutions to push Big Oil in a greener direction. Environmentalists had hoped positive momentum from last December's Paris climate accord would galvanize investors to prod the industry to begin the process of rethinking the oil business. But persuading t ... read more


OIL AND GAS
The Lessons of Chernobyl and Fukushima

Worse 'Than the Disaster Itself': Tokyo Slammed for Fukushima Cleanup

MH370 kin 'gravely concerned' at impending end of search

Orbita, a ghost of Chernobyl in the heart of Ukraine

OIL AND GAS
China to launch 30 Beidou navigation satellites in next 5 years

Lockheed demos future evolution of its flexible GPS 3 satellite design

Russian Armed Forces Use Glonass Satellites for Aiming in Syria

Payload integration begins for Arianespace's next Soyuz mission with Galileo spacecraft

OIL AND GAS
From Israel's army to Hollywood: the meteoric rise of Krav Maga

New evidence that humans settled in southeastern US far earlier than previously believed

Climate change may have contributed to extinction of Neanderthals

Drawing the genetic history of Ice Age Eurasian populations

OIL AND GAS
Amphibians in continued global decline

Why do animals hide their warning signals? A paradox explained

Plants are 'biting' back

Proton-conducting material found in electrosensory organs of sharks

OIL AND GAS
NASA Helps Forecast Zika Risk

Cellphone-sized device quickly detects the Ebola virus

Threat of novel swine flu viruses in pigs and humans

TGen tracks the origins and spread of potentially deadly Valley Fever

OIL AND GAS
Ancient Chinese pottery reveals 5,000-yr-old beer brew

Top China official promises to 'listen' to Hong Kong

For Allah, China and Marx: theological mix for young imams

Top China official says Hong Kong autonomy will be preserved

OIL AND GAS
Indonesia frees vessel captured by suspected pirates: navy

Founder of online underworld bank gets 20 years in prison

Colombia authorizes air strikes against criminal gangs

New force raids El Salvador gang districts

OIL AND GAS
G7 warns over global economy as currency row flares

Global growth tops agenda as G7 meeting kicks off in Japan

Currency wars, fiscal stimulus rift in focus at G7 meeting

Chinese pouring billions into US real estate: study









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.