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2014-04-15 18:08:00

RWE STARTS UKRAINE

RWE STARTS UKRAINE

RWE AG, via its trading and gas midstream arm RWE Supply & Trading, is the first European supplier to commence gas deliveries to the Ukraine in 2014. Today, RWE re-starts deliveries to the state-owned company "Naftogaz of Ukraine" with gas from its pan-European portfolio.

The gas flows via Poland to Ukraine. These supplies are governed by the existing 5 year framework agreement between Naftogaz and RWE Supply & Trading signed in May 2012, which foresees deliveries of up to 10 billion cubic meter (bcm) of natural gas per year subject to individually agreed contracts.

In 2013, RWE Supply & Trading has already delivered about 1 bcm to Naftogaz. RWE's deliveries to the Ukraine are based on European wholesale price levels including delivery costs to the Ukraine. RWE believes that further significant volumes could be delivered to Ukraine if various transport restrictions at the Slovakian/Ukrainian border are politically and technically resolved within the next weeks or months.

lngworldnews.com

Tags: RWE, UKRAINE, GAS

Chronicle:

RWE STARTS UKRAINE
November, 24, 09:15:00

SAUDI'S OIL FOR CHINA

BLOOMBERG - As Saudi Arabia led OPEC’s output cuts this year to shrink a global glut, it’s lost out on market share in the world’s biggest energy consumer. Russia in September retained the top Chinese supplier spot for the seventh straight month, while the kingdom was third.

RWE STARTS UKRAINE
November, 24, 09:10:00

URALS QUALITY WILL DOWN

PLATTS - The quality of Russia's key Urals crude exports towards Europe will continue to fall next year as more of the country's low-sulfur oil flows are diverted eastward to China, Russian national oil pipeline operator Transneft warned.

RWE STARTS UKRAINE
November, 24, 09:05:00

S.KOREA'S SOLAR UP

FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn. 

RWE STARTS UKRAINE
November, 24, 09:00:00

U.S. RIGS UP 8 TO 923

U.S. Rig Count is up 330 rigs from last year's count of 593, with oil rigs up 273, gas rigs up 58, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 41 rigs from last year's count of 174, with oil rigs up 13, gas rigs up 30, and miscellaneous rigs down 2 to 2.

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