FINLAND: LNG FACILITIES
Finland's Gasum and Estonia's Alexela Energia have presented collaboration models to go forward with their LNG plans in the Gulf of Finland.
'The alternative collaboration models, having facilities on both sides of the Gulf of Finland, were presented to the European Commission in Brussels yesterday and now the companies are waiting for the European Commission's position on the presented collaboration models,' reads a note released on Tuesday.
In February, the two companies signed a memorandum of understanding of feasibility studies concerning the project, coming up with a project that has been rejected by the European Commission in June. The EC did not find the project viable for investment aid.
"The negotiations were conducted in good spirit and now we are waiting for the Commission's position on the presented collaboration models. We find the development of the Gulf of Finland LNG infrastructure important in order for us to be able to ensure and diversify access to liquefied natural gas," said Gasum CEO Johanna Lamminen and Alexela CEO Marti Hääl.
|September, 22, 09:20:00|
|September, 22, 09:15:00|
|September, 22, 09:10:00|
|September, 22, 09:05:00|
|September, 22, 09:00:00|
|September, 22, 08:55:00|
Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.
Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.
Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.
Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years