Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-12-06 15:45:00

SOUTH STREAM: NO FINISH

SOUTH STREAM: NO FINISH

Serbian Deputy Prime Minister Zorana Mihajlovic said Tuesday that "the freezing" of the South Stream pipeline project was a problem for Serbia.

She then added that she "still did not think it meant a real end to South Stream."

"Serbia has neither done anything bad or wrong nor caused such a decision to be made by Russian officials - to stop the construction of South Stream. On the contrary, we did everything we had been asked to do to have it built, as to us, it is a matter of energy security," Mihajlovic said at an extraordinary meeting held at the Serbian government.

Mijhalovic announced meeting with experts in the Serbian government on Friday to decide about next moves concerning the South Stream project.

The deputy prime minister pointed out that Serbia was too small a country to make any moves that could influence anything in relation to the grand international infrastructure project and it would wait for further negotiations between Russia and the EU and behave in accordance with their agreements.

Commenting on the European Commission's decision to continue South Stream talks with the countries participating in the project on December 9, Mihajlovic said that European companies were greatly interested in the project, observing that some German companies had invested a lot of money in manufacturing pipes for the pipeline.

Mihajlovic expects the December 9 meeting to yield an agreement on the issue.

"We need to wait for seven to 10 days and see if a deal will be made, but Serbia has to have several alternatives for security of gas supply," she said.

Speaking about alternative gas supplies, Mihajlovic pointed to the Nis-Dimitrovgrad interconnection, which should make it possible to connect via Bulgaria to the future gas pipeline from Russia to Turkey and the gas terminal in the Greek port of Alexandroupoli.

Asked whether Russia's decision to stop the South Stream project would entail any political consequences, Mihajlovic said that Serbia would certainly not introduce any sanctions against Russia and that Serbia was not in position to seek any compensation in money Russia for not fulfilling part of the Energy Agreement with the country.

"The Energy Agreement was written it such a way that this is not possible," said Mihajlovic.

naturalgaseurope.com

Tags: RUSSIA, GAS, SOUTH, STREAM, SERBIA

Chronicle:

SOUTH STREAM: NO FINISH
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: NO FINISH
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: NO FINISH
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: NO FINISH
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.

All Publications »