GAZPROM & GASUNIE: STRATEGIC PARTNERSHIP
Amsterdam hosted the annual meetings of the Coordinating Committee for Strategic Cooperation and the Coordination Committee for Sci-Tech Collaboration between Gazprom and Gasunie, chaired by Dmitry Lyugai, Member of the Management Committee, Head of the Prospective Development Department of Gazprom and Hans Coenen, Vice President for Corporate Strategy & Portfolio Management, Managing Director of Gasunie Deutschland.
The meetings discussed the progress with the Memorandum on Strategic Cooperation and the Sci-Tech Collaboration Program of Gazprom and Gasunie in 2013 as well as put forward their proposals for cooperation development in 2014 and 2015.
It was noted that the joint implementation of new infrastructure projects, including the possible expansion of the Nord Stream gas pipeline, was to be regarded as one of the essential elements for securing reliable gas supply to European consumers.
Another key area of strategic cooperation between Gazprom and Gasunie is liquefied natural gas (LNG), including small-scale LNG projects. Further collaboration in this area will provide for diversifying hydrocarbon supply routes to Europe as well as for using natural gas in land and marine vehicles as an eco-friendly alternative to conventional fuels.
The parties emphasized their long-term strategic nature of cooperation in developing gas transportation infrastructure, underground gas storage, energy efficiency, innovative technologies, environmental protection, 'green gas'-related projects.
The meeting participants visited the Gate LNG-terminal in Rotterdam – the first one in the Netherlands to receive, store and subsequently distribute LNG via land and marine vehicles.
Gasunie is a European gas infrastructure company, whose network ranks among the largest high pressure gas pipeline grids in Europe with the total annual gas throughput of approximately 125 billion cubic meters. Gasunie's network consists of over 15,000 kilometers of pipeline in the Netherlands and northern Germany and approximately 1,300 gas receiving stations. The company also offers natural gas transportation services, as well as natural gas and LNG storage services.
In 2013 Gazprom supplied 2.13 billion cubic meters of natural gas to the Netherlands.
In November 2007 Gazprom and Gasunie signed the Umbrella Agreement on joint participation in the Nord Stream project and BBL. In June 2008 Gasunie was added into the Nord Stream AG shareholders register as a new shareholder obtaining a 9 per cent stake in the joint venture.
In December 2007 Gazprom and Gasunie signed the Agreement on Sci-Tech Collaboration.
In April 2013 Gazprom and Gasunie signed a document stipulating cooperation between the companies in exploring the possibilities for the Nord Stream gas pipeline expansion as well as setting up other infrastructure projects to secure gas supply for Northwest Europe and the UK.
In May 2013 Gazprom and Gasunie signed the Memorandum of Understanding on Strategic Cooperation, providing for enhancing cooperation between the companies in such areas as gas infrastructure development, Nord Stream expansion, LNG, energy efficiency, innovative technologies, environmental protection, educational projects, information and cultural exchange.
|February, 16, 23:45:00|
|February, 16, 23:40:00|
|February, 16, 23:35:00|
|February, 16, 23:30:00|
|February, 16, 23:25:00|
|February, 16, 23:20:00|
AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.
TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.
ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.
FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.