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News Archive

Gas

Czech anti-trust body joins investigation of RWE Transgas

The Czech Republic’s Office for Protection of Economic Competition (Urad Pro Ochranu Hospodarske Souteze, or UOHS) has launched an investigation into German utility RWE’s Czech subsidiary RWE...

30 Nov 2005 00:00 | EGM

Gas

Dutch GTS lists terms for quality conversion capacity release

Dutch gas transmission system operator Gas Transport Services BV (GTS) has sent a letter to shippers stating that it intends to offer flexibility services in 2006, as soon as the national competition...

30 Nov 2005 00:00 | EGM

Gas

Eni and Snam present contradictory demand/supply scenario

Representatives of Italy’s Eni and grid operator Snam Rete Gas (owned 50.05% by Eni) presented contradictory views over the impact of the country’s future domestic supply/demand scenario on prices –...

30 Nov 2005 00:00 | EGM

Gas

Focus on Trading in Germany

The development of gas trading in Germany remains slow. For traders who know the players, transportation options, and customers there are business opportunities, but this activity is outside what...

30 Nov 2005 00:00 | EGM

Gas

Focus on Trading in Germany

The development of gas trading in Germany remains slow. For traders who know the players, transportation options, and customers there are business opportunities, but this activity is outside what...

30 Nov 2005 00:00 | EGM

Gas

Gazprom enters French end-user market

Russia’s Gazprom has been authorised to supply end-users in France and is aiming for a 10% market share. The French permit further boosts Gazprom’s reach into the European downstream, where it had...

30 Nov 2005 00:00 | EGM

Gas

Gazprom share-liberalisation bill final reading in December

The next step has been taken towards the liberalisation of trade in Gazprom shares and the removal of the ring-fence. This month, the Russian ministry of justice approved documents on the relevant...

30 Nov 2005 00:00 | EGM

Gas

Gazprom to take more gas from Novatek and independents

Russia’s largest independent gas producer Novatek said Gazprom was willing to accept more gas from Novatek as the Russian gas monopoly’s productions stagnated.Novatek’s chief financial officer Mark...

30 Nov 2005 00:00 | EGM

Gas

NEWS Briefs

CompaniesResults – Russian Gazprom reported its consolidated net profit in the first nine months of 2005 were up 30.6% compared with the same period in 2004, to RUB 133.5 billion (EUR 3.96 billion),...

30 Nov 2005 00:00 | EGM

Gas

Poland’s POGC meeting to discuss Yamal II pipeline project

POGC management were due to meet at the end of this month to discuss the development of the second string of the Yamal pipeline (Yamal II), according to Polish Oil and Gas Company (POGC) director...

30 Nov 2005 00:00 | EGM

Gas

Portuguese government to launch Galp Energia IPO in 2006

The Portuguese government will launch an initial public offering (IPO) in 2006 for part of its holdings in energy supplier Galp Energia, the Ministry of Finance announced. How much of the current...

30 Nov 2005 00:00 | EGM

Gas

Regal Petroleum abandons and plugs well in Romania

London-based gas and oil exploration company Regal Petroleum has plugged and abandoned its exploration well, RSD-1, in its Suceava licence area in the Moldavia Platform in Romania, Regal said. The...

30 Nov 2005 00:00 | EGM

Gas

Russian residential gas prices to rise 12% in 2006

Russian residential prices are to increase by an average of 11.9% in 2006, the Russian tax service said.The Russian Federal Tariff Service set the average rate increase of 10.5% for the industrial...

30 Nov 2005 00:00 | EGM

Gas

UK demands inquiry as industrial gas buyers cut production

The seriousness of the current UK price spike and the continuation of prices near or above 100 p/th raises the question not just of whether industrial buyers can come to the rescue of a short gas...

30 Nov 2005 00:00 | EGM

Gas

UK gas specifications almost forces Norway to cut supplies

Norway has been close to cutting supplies into the UK during November because of the strict specifications on gas quality at UK sub-terminals, offshore operator Gassco’s Thor Otto Lohne told EGM this...

30 Nov 2005 00:00 | EGM

Gas

UK LNG terminal’s UIOLI measures come under scrutiny

Ofgem has conceded the anti-hoarding measures in place at the UK’s Grain LNG terminal are “hazy” and plans to meet with the operator Grain LNG, having asked it to clarify its use-it-or-lose-it...

30 Nov 2005 00:00 | EGM

Gas

UK strategic gas storage will not be provided by market

The UK cannot rely on the market to provide large storage facilities to ensure security of gas supply, according to a report published by ILEX Energy consultancy. Although the market has triggered...

30 Nov 2005 00:00 | EGM

Gas

Ukraine fights Gazprom price increase

The head of Ukraine’s state-owned oil and gas firm Naftogaz Ukrainy said the company would “stand to the death” to defend Ukraine’s interests in talks with Russian gas monopoly Gazprom on supplies...

30 Nov 2005 00:00 | EGM

Gas

Ukraine fights Gazprom price increase – but does it need to?

The head of Ukraine’s state-owned oil and gas firm Naftogaz Ukrainy said the company would “stand to the death” to defend Ukraine’s interests in talks with Russian gas monopoly Gazprom on supplies...

30 Nov 2005 00:00 | EGM

Gas

Victoria Oil and Gas finds 500 billion cubic feet field in Russia

Victoria oil and gas, the AIM-listed exploration company, has reported a 500 billion cubic feet (14 billion cubic metres) gas discovery in Western Siberia, news that caused its share price to jump...

30 Nov 2005 00:00 | EGM

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