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The decision on the building permit for the gas pipeline on the Szczecin-Gdańsk route
The decision on the building permit for the gas pipeline on the Szczecin-Gdańsk route, the Koszalin-Słupsk section and the system of in/out gas locks in Reblino (approx. 69 km long) including on the Płoty-Karlino section (approx. 61,95 km long).

date.png29 Feb 2012 11:40 | comments.png 0 Comments | tags.png gas gaz-system pipeline poland [ More ]

Crestwood Midstream Partners and Crestwood Holdings to Acquire Antero Resources’ Marcellus Shale Gathering Assets for $375 Mill
Crestwood Midstream Partners LP (NYSE: CMLP), Crestwood Holdings Partners LLC (“Crestwood Holdings”) and Antero Resources Appalachian Corporation (“Antero”) announced today the execution of definitive agreements whereby CMLP and Crestwood Holdings, through a newly formed joint venture (“Crestwood Marcellus Midstream”), have agreed to acquire certain of Antero’s Marcellus Shale gathering system assets located in Harrison and Doddridge Counties, West Virginia for $375 million in cash plus an earn-out which would allow Antero to earn additional purchase price payments of up to $40 million based upon average annual production levels achieved during 2012 and 2013.

date.png27 Feb 2012 15:16 | comments.png 0 Comments | tags.png crestwood gas marcellus pipeline shale [ More ]

New Study Shows No Evidence of Groundwater Contamination from Hydraulic Fracturing
Hydraulic fracturing of shale formations to extract natural gas has no direct connection to reports of groundwater contamination, based on evidence reviewed in a study released Thursday by the Energy Institute at The University of Texas at Austin.

date.png27 Feb 2012 12:03 | comments.png 0 Comments | tags.png gas shale usa [ More ]

TransCanada Awarded Contract to Build US$500 Million Natural Gas Pipeline Extension in Mexico
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) today announced that it will build, own and operate the Tamazunchale Pipeline Extension in Mexico. Construction of the pipeline is supported by the award of a 25-year natural gas transportation service contract by the Comisión Federal de Electricidad (CFE), Mexico's state-owned power company.

date.png27 Feb 2012 07:15 | comments.png 0 Comments | tags.png gas mexico pipeline transcanada [ More ]

South Stream to be designed for maximum annual throughput of 63 billion cubic meters
Alexey Miller, Chairman of the Gazprom Management Committee reported today to Russian President Dmitry Medvedev on the progress with the South Stream project.

date.png24 Feb 2012 11:47 | comments.png 0 Comments | tags.png gas gazprom pipeline russia [ More ]

Eni sells its interests in Interconnector (UK), Interconnector Zeebrugge Terminal and Huberator to Fluxys G and Snam
Eni has agreed to sell its 16.41% interest in Interconnector (UK) Limited ("IUK"), its 51% interest in Interconnector Zeebrugge Terminal SCRL ("IZT") and its 10% interest in Huberator SA ("Huberator") to Fluxys G SA ("Fluxys") and Snam S.p.A. ("Snam"), for a total consideration of € 150 million.

date.png24 Feb 2012 09:40 | comments.png 0 Comments | tags.png belgium deals eni gas pipeline uk [ More ]

Trans Adriatic Pipeline selected by Shah Deniz as the priority route to Italy
We are pleased to confirm that TAP has been selected by Shah Deniz as the pipeline route to Italy. We will now enter into exclusive negotiations with them on progressing the project. We look forward to progressing the TAP project together with the Shah Deniz Consortium and the Italian, Albanian and Greek Governments.

date.png22 Feb 2012 08:05 | comments.png 0 Comments | tags.png gas pipeline tap [ More ]

A New Potential Unconventional Gas Play in Poland - Completion of Siciny-2 Well
San Leon, the fast growing oil and gas company with an extensive portfolio of assets across Europe and North Africa, is pleased to announce that it has completed the drilling, initial evaluation, and has cased its Siciny-2 well in the SW Carboniferous Basin of Poland, which comprises of 880,000 acres held 100% by San Leon. The well is located in the company’s 100% operated Gora Concession 70km to the southeast of the city of Zielona Gora. The initial goal of collecting core and downhole geophysical data focused on understanding the unconventional gas potential of the Carboniferous section has been achieved. The Carboniferous is known to be the source rock for the significant gas production in the overlying Permian Rotliegendes formation in Poland.

date.png17 Feb 2012 09:53 | comments.png 0 Comments | tags.png gas poland san-leon shale upstream [ More ]

Tamar Signs Contract with Mashav for approximately $680million
On February 9, 2012, Take-or-Pay agreement for the supply of natural gas over 15 years was signed by the Tamar Partners with Mashav Initiation & Development Ltd. to supply up to a total approximate quantity of 0.2 BCM per year. The quantity supplied is subject to be reduced to approximately 40% in the situation that Mashav does not extend its power plant as is intended. In the agreement the gas price is calculated according to a formula based on electricity production rate as determined time to time by the Public Utility and Electricity Authority and includes a “floor rate”. The supply is expected to start in the second half of 2013. The agreement is subject to a number of closing conditions. For more information please see the immediate reports as published on TASE.

date.png14 Feb 2012 11:26 | comments.png 0 Comments | tags.png delek gas israel trade [ More ]

Montenegro to join South Stream
Leonid Chugunov, Head of the Gazprom Project Management Department held negotiations in the Republic of Montenegro with Igor Luksic, Prime Minister of the Republic, Milan Rocen, Minister of Foreign Affairs and European Integration and Vladimir Kavaric, Minister of Economy.

date.png06 Feb 2012 13:00 | comments.png 0 Comments | tags.png gas gazprom montenegro pipeline [ More ]
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