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2014-11-25 20:00:00

SOUTH STREAM CONTINUES

SOUTH STREAM CONTINUES

The South Stream project is continuing as planned, an official of the Russian Energy Ministry's pool and gas department said on Monday as reported by Sputnik.

"The work continues as planned, the prospects for the pipeline are not bad, we have agreements with the Serbs, and several other countries," Alexander Gladkov was reported as saying.

Gladkov underlined that many transit countries already renewed their support to the pipeline.

"Note that Bulgaria is not against this pipeline, it simply wants us to agree it with the EU," Markov stressed.

Recently, Serbian Foreign Minister Ivica Dacic and his Hungarian counterpart Peter Szijjarto released a joint comment, saying that Europe has a common interest in building the South Stream gas pipeline.

naturalgaseurope.com

Tags: SOUTH, STREAM, GAS, SERBIA, HUNGARIA, EU

Chronicle:

SOUTH STREAM CONTINUES
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

SOUTH STREAM CONTINUES
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

SOUTH STREAM CONTINUES
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

SOUTH STREAM CONTINUES
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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