NORD STREAM II COMISSIONING
Gazprom's officials reportedly said on Tuesday that the Nord Stream 2 project will be commissioned in the fourth quarter of 2019, in line with previous declarations that forecasted the new pipeline to be commissioned in 2019.
Several Russian newspapers reported this news on Tuesday morning. For one, Russia's news agency TASS quoted Committee Valery Golubev, Deputy Chairman of the Management of the Moscow-based company.
These declarations come just a few hours after Ukraine voiced (once more) its concerns, that the Nord Stream 2 project would give Russia more of a monopoly over gas supplies in Europe.
"We consider this project should be stopped, as it is neither in the interests of the European Union nor in the interests of Ukraine," Prime Minister of Ukraine Arseniy Yatsenyuk said in Brussels following a meeting of the EU – Ukraine Association Council on Monday.
In a statement released on Monday, Yatsenyuk also claimed that Naftogaz has the best transportation capabilities in Europe.
The extension of the current pipeline connecting Russia with Germany will be discussed at the EU summit that will take place in Brussels on December 17-18.
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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