Subscribe free to our newsletters via your




OIL AND GAS
Put South Stream gas pipeline on hold, EU tells Russia
by Daniel J. Graeber
Brussels (UPI) Jun 25, 2013


disclaimer: image is for illustration purposes only

The European Commission has concerns about how Russia's planned South Stream gas pipeline conforms to European rules, the energy commissioner said Wednesday.

Russian energy company Gazprom and its Austrian counterpart, OMV, signed agreements Tuesday in Vienna related to the Austrian leg of the gas pipeline.

Guenther Oettinger, energy commissioner for the European Union, said the project should be put on hold.

"South Stream project should be suspended until full compliance with EU legislation," he said Wednesday.

European leaders are wary of allowing companies that produce gas to control the corresponding transit systems.

South Stream is a Russian gas pipeline meant to avoid geopolitically sensitive territory in Ukraine. Russia meets about a quarter of Europe's gas needs, though the bulk of those supplies run through the Soviet-era transit network in Ukraine.

Gazprom this month said no gas would run to Ukraine unless it was paid in advance. Similar disputes in 2006 and 2009 resulted in gas disruptions for Europe.

Bulgaria is among the countries along South Stream's planned route expressing reservations about the project. Russian Energy Minister Alexander Novak said Tuesday the issue "is being discussed."

.


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








OIL AND GAS
Senate leader says U.S. oil export policies out of date
Washington (UPI) Jun 25, 2013
Though some petroleum products can leave U.S. ports, a ban on crude oil exports is outdated, the top Republican on the Senate Energy Committee said. The U.S. Bureau of Industry and Security, a division of the Commerce Department, authorized two U.S. companies, Pioneer Natural Resources and Enterprise Products Partners, to ship so-called condensate. Legislation enacted in response ... read more


OIL AND GAS
Japan satellites to monitor Fukushima, Chernobyl

MH370 hunt to shift south

Japan to help Bhutan brush up 'happiness' census

Godzilla: Still relevant and raging after 60 years in Japan

OIL AND GAS
Soyuz Rocket puts Russian GLONASS-M navigation satellite into orbit

Russia may join forces with China to compete with US, European satnavs

Russia Says GLONASS Accuracy Could Be Boosted to Two Feet

Northrop Grumman tapped for new miniature navigation system

OIL AND GAS
Humans have been changing Chinese environment for 3,000 years

Skulls with mix of Neandertal and primitive traits illuminate human evolution

Brain syncs blood flow to match activities

Feel-good hormones could cause UV addiction

OIL AND GAS
Animal trapping records reveal strong wolf effect across North America

Wildlife crime bankrolling terror, militia groups: UN

Limb regeneration: Do salamanders hold the key?

Maybe birds can have it all: Dazzling colors and pretty songs

OIL AND GAS
Mideast sees 'worrying' rise in HIV cases: UN

Blacklegged ticks frequently carry both lyme disease and babesiosis

Study reveals conditions linked to deadly bird flu and maps areas at risks

Science finds chink in superbug armour

OIL AND GAS
Heavy jail terms for Chinese anti-graft trio: lawyer

Washington moves toward 'Liu Xiaobo' street, defying China

Construction stopped on replica of ancient Chinese ship

China sentences three to death for Tiananmen attack: CCTV

OIL AND GAS
Malaysian navy foils pirate attack in South China Sea

NATO anti-piracy ops until 2016

Kidnapped Chinese, Filippino rescued in Malaysia

Chinese worker kidnapped in Malaysia's Borneo island

OIL AND GAS
Former top China official charged with bribery

Bank of China approved for yuan clearing in Frankfurt

China's shipping veto changes world competition landscape

Chinese putting wind in sails of Greek recovery




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.