Subscribe free to our newsletters via your
. Medical and Hospital News .




OIL AND GAS
Some European gas consumers are too dependent on Ukraine, Russia says
by Daniel J. Graeber
Moscow (UPI) May 12, 2013


Gas from controversial shale program in U.K. may be ready for grid
London (UPI) May 12, 2013 - British shale gas explorer Cuadrilla could start testing delivery rates through the nation's transmission system, Chief Executive Francis Egan said.

Egan said gas from shale deposits in the country could start flowing through the nation's transmission system by the end of next year, albeit at low volumes.

"After the initial flow test period, which is up to 90 days, if the flow rates look good then we would want to tie the well into the gas transmission system and flow it for a longer period to assess the flow rate over 18 to 24 months," he said Sunday.

The company was the target of major demonstrations last summer when its work in the southern village of Balcombe was viewed as a prelude to hydraulic fracturing, known also as fracking.

In January, Cuadrilla sent a letter to village residents saying it was applying for an extension to a license for exploration in the area but found natural fractures in Balcombe's shale that may prohibit fracking.

In March, the company said it believes there are 200 trillion cubic feet of shale natural gas in the Bowland basin in Lancashire.

A gas payment row between Russian energy company Gazprom and Ukraine exposes regional consumers to increased risks, Russia's deputy energy minister said.

Russian Deputy Energy Minister Anatoly Yanovski said Russia could send more natural gas through pipelines that avoid geopolitically sensitive territory in Ukraine, like the Nord Stream pipeline through the Baltic Sea. Some Gazprom customers, he said, have few other options, however.

"Countries that have no alternative supply [channels] other than the Ukrainian gas transport system are most at risk," he said Monday.

Yanovski said Bulgaria, along with Bosnia and Herzegovina, were among those with the most risk.

European consumers get about a quarter of their gas needs meet by Russia, though most of that supply runs through the Soviet-era transit network in Ukraine.

Yanovski says Ukraine has few other options apart from paying its mounting debt to Gazprom. The Russian energy company in 2009 cut gas supplies through Ukraine in response to a similar gas row.

Gazprom in April sent its Ukrainian counterpart Naftogaz a bill for more than $11 billion for taking on less gas than contracted in 2013.

Swedish energy company can't upgrade reserve potential at North Sea field
Stockholm, Sweden (UPI) May 12, 2013 - Swedish energy company Lundin Petroleum said Monday it doesn't expect much more oil or gas from its Edvard Grieg field despite more testing.

The company said it finished testing well 16/1-18 at the field in the Norwegian waters of the North Sea. It found mostly oil through a combined 200 feet thick reservoir, which tested at a preliminary rate of 800 barrels of oil per day.

Lundin President Ashley Heppenstall said he was optimistic in that the area tested was assumed to have a low yield, but was generally disappointed with the overall results.

"At this stage I expect the impact on Edvard Grieg resources to be neutral with upside remaining from the conglomeratic reservoir," he said in a statement Monday.

Edvard Grieg was discovered in 2007.

Lundin says first production from the field is expected in late 2015. Peak production is anticipated at 90,000 barrels of oil and 53 million cubic feet of natural gas per day.

.


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





ENERGY TECH
Transocean records $456 million in net income
Zug, Switzerland (UPI) May 8, 2013
Rig company Transocean said its first quarter 2014 profits were more than 40 percent above what it posted for the last quarter of 2013. The company said Wednesday its quarterly revenues were $2.34 billion, compared with $2.25 billion reported in the final quarter of last year. Net income for first quarter 2014 was $456 million, compared with $321 million for fourth quarter 2013. ... read more


ENERGY TECH
'Canners' live off detritus of New York

US finds missing British yacht in Atlantic, but no crew

Malaysia to discuss with Inmarsat on release of "raw data"

China says Vietnam riot killed four people

ENERGY TECH
China's domestic navigation system guides Pakistan

Russian space agency set to resume Glonass talks with US

Payload preparations in full swing for Ariane 5 launch of Galileo navsat

New tide gauge uses GPS signals to measure sea level change

ENERGY TECH
Virtual dam on after-hours emails tackles burnout

Preschool teacher depression linked to behavioral problems in children

US military opens door to gender treatment for Manning

Longevity gene may boost brain power

ENERGY TECH
Ant colonies highly efficient at amassing and parsing new information

Burchell's zebras undertake 300-mile migration, longest in Africa

Researchers test whether Red Queen hypothesis makes species resilient

Termite genome lays roadmap for 'greener' control measures

ENERGY TECH
Sierra Leone confirms first case of Ebola as epidemic spreads

Disease warning in deluged, mourning Balkans

Health officials warn of epidemic as Balkans mourn dead

China winds could carry childhood disease to Japan: study

ENERGY TECH
Tiananmen protest leader haunted by ghosts, 25 years on

China's Xi chooses repression over reform: Amnesty

China blogger 'fired' after John Kerry meeting

China sentences mining tycoon to death

ENERGY TECH
Chinese worker kidnapped in Malaysia's Borneo island

Vietnam says 7 killed in shooting on China border

Kidnappers demand $11 mln for Chinese tourist

Malaysia kidnappers telephone Chinese victim's family

ENERGY TECH
European firms spooked by slowing China growth: survey

China manufacturing index hits five-month high: HSBC

India's Modi vows to fulfil 1.2 bn dreams after landslide win

China bad loans jump as growth slows




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.