GREECE: GREAT OPPORTUNITY
Russia's plan to shift the transit of EU bound natural gas to a new gas hub at the Greek-Turkish border will allow Greece will become an important factor in supplying Europe with Russian gas, according to a representative of the SYRIZA (the Coalition of the Radical Left) Party.
Gazprom has announced that it plans to re-route gas presently transited via Ukraine to the proposed Turkish Stream pipeline.
"The 50 billion cubic meters of gas per year, that will be accumulated in Turkey's border with Greece are a great opportunity for Greece to upgrade its geopolitical role", said Athanasios Petrakos, who is also in charge of Eurosceptic party's energy policy.
Greece will go to the polls in a national election on January 25th following the country's parliament failed to elect a president in the third and final round of voting on December 29, 2014.
Several recent polls indicate that Syriza holds a lead of over 3 percentage points over Prime Minister Antonis Samaras's New Democracy party.
|December, 13, 12:40:00|
|December, 13, 12:35:00|
|December, 13, 12:30:00|
|December, 13, 12:25:00|
|December, 13, 12:20:00|
|December, 13, 12:15:00|
PENNENERGY - Germany's Siemens says it has signed contracts worth some 700 million euros ($824 million) to build two gas-powered electricity plants in Libya.
WNN - Construction of the Iter fusion reactor, being built at Cadarache in the south of France, is now 50% complete, the Iter Organisation has announced. The reactor - construction of which began in 2010 - is scheduled to achieve first plasma in 2025.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $57.14 a barrel at 0418 GMT, down 22 cents, or 0.4 percent, from their last settlement. Brent crude futures LCOc1, the international benchmark for oil prices, were down 25 cents, or 0.4 percent, at $63.15 a barrel.
PLATTS - Taking into account the nominated volume for Friday, Gazprom will have exported 179.8 Bcm to what it calls the Far Abroad -- Europe and Turkey, but not the countries of the former Soviet Union -- higher than last year's then record high of 179.3 Bcm.