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Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2016-07-04 18:20:00

RUSSIAN GAS TO SLOVAKIA

RUSSIAN GAS TO SLOVAKIA

 

EUSTREAM GAS PIPELINE MAP

 

Acording to NGESlovak pipeline operator Eustream has held talks with Gazprom over the impact the Russian export monopoly's Nord Stream 2 (NS2) project will have on gas flow through the central corridor and central Europe. Some gas from NS1 flows into Ukraine through the Slovak Republic, thanks to a small interconnector in which Gazprom has no capacity rights.

At the St Petersburg International Economic Forum earlier this month, Gazprom CEO Alexei Miller said that it made no sense to pay to maintain the central corridor post-2019, meaning the closure of compressor stations to leave only 15-20bn m³/yr capacity across Ukraine. That would help it meet contract requirements to supply Romania, Bulgaria and Turkey without building more pipelines.

The Slovak pipeline system is capable of transporting over 80bn m³/yr of gas from Russia to markets in central Europe while NS1 and NS2 combined will bring 110bn m³/yr at maximum to Germany's Baltic coast.

Eustream said June 30 that it welcomed assurances from Gazprom at the meetings that the Slovak and the Czech gas transmission systems will be used in long term even if NS2 is built. Eustream said also it "highly appreciates the understanding between both parties that the entry point from Ukraine to Slovakia shall remain fully functional even if NS2 is commissioned."

Slovakia has opposed NS2, although its 50bn m³/yr ship-or-pay contract with Gazprom will ensure revenues over the coming decade even if the gas does not flow.

Eustream will also receive more business from a new interconnector planned to link it to the Polish grid, operated by Gaz-System, it said June 30. The two are preparing the rules for bidding for capacity in the open season, which will be launched late July/beginning August. The interconnector is a part of the EU energy infrastructure priority corridor “North-South gas interconnections in Central Eastern and South Eastern Europe (‘NSI East Gas’)”.

Eustream says the line will ensure the diversification of sources, routes and stability of gas supplies to both countries and enhance the competitiveness of the internal gas market. Polish traders will be able to access the so-called Southern Corridor while Slovak traders will be able to import gas being offered on the Polish market, which includes Russian pipeline gas and regasified LNG.

-----

Earlier:

Slovakia: 

GAZPROM & SLOVAK REPUBLIC MEETING 

RUSSIA MAKING FOOLS 

EUROPE GAS NETWORK

 

Gazprom, Nord Stream: 

GAZPROM WILL ELIMINATE 

EUROPE NEED RUSSIAN GAS 

NORD STREAM'S POLICY 

NORD STREAM: THE PERFECT OPPORTUNITY 

STRETCHED NORD STREAM

 

 

 

 

Tags: NORD, STREAM, GAZPROM, GAS, PIPELINE, RUSSIA, EUROPE, SLOVAKIA
RUSSIAN GAS TO SLOVAKIA September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

RUSSIAN GAS TO SLOVAKIA September, 20, 09:00:00

GAS PRICES UP TO $3.146

RUSSIAN GAS TO SLOVAKIA September, 20, 08:55:00

ЦЕНА URALS: $51,81591

RUSSIAN GAS TO SLOVAKIA September, 20, 08:50:00

U.S. OIL + 79 TBD, GAS + 788 MCFD

RUSSIAN GAS TO SLOVAKIA September, 20, 08:45:00

RENEWABLE'S FUTURE

RUSSIAN GAS TO SLOVAKIA September, 20, 08:40:00

TOTAL BUYS RENEWABLE

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Chronicle:

RUSSIAN GAS TO SLOVAKIA
September, 20, 08:35:00

BP - AZERBAIJAN OIL DEAL

BP and its partners in Azerbaijan's giant ACG oil production complex agreed Thursday to extend the production sharing contract by 25 years to 2049 and to increase the stake of state-owned SOCAR, reducing the size of their own shares.

RUSSIAN GAS TO SLOVAKIA
September, 20, 08:30:00

U.S. DEFICIT UP TO $123.1 BLN

The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit increased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.4 percent in the first quarter.

RUSSIAN GAS TO SLOVAKIA
September, 18, 12:35:00

OIL PRICE: ABOVE $55

U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading up 41 cents, or 0.8 percent, at $50.30 by 0852 GMT, near the three-month high of $50.50 it reached last Thursday. Brent crude futures LCOc1, the benchmark for oil prices outside the United States, were at $55.91 a barrel, up 29 cents, and also not far from the near five-month high of $55.99 touched on Thursday.

RUSSIAN GAS TO SLOVAKIA
September, 18, 12:30:00

RUSSIA - CHINA - VENEZUELA OIL

“The principal risk regarding Russian and Chinese activities in Venezuela in the near term is that they will exploit the unfolding crisis, including the effect of US sanctions, to deepen their control over Venezuela’s resources, and their [financial] leverage over the country as an anti-US political and military partner,” observed R. Evan Ellis, a senior associate in the Center for Strategic and International Studies’ Americas Program.

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Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00