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2014-12-10 20:55:00

TO KILL SOUTH STREAM

TO KILL SOUTH STREAM

Eastern European countries dependent on Russian gas are scrambling for alternatives after President Vladimir Putin blindsided them with a decision to scrap a pipeline bypassing Ukraine.

The prime ministers of the Czech Republic, Hungary, Slovakia and Poland met yesterday to discuss energy security after Russia on Dec. 1 backed out of the South Stream pipeline following European Union objections on legal grounds.

The move leaves much of southeastern Europe dependent on Russian gas transiting crisis-torn Ukraine, cause for concern in a region that suffered shortages in 2006 and 2009 after Russia cut off supplies to the former Soviet satellite. The region's leaders are drawing up a list of alternatives that includes a plan to access Azeri gas.

"In the 25 years since the fall of Communism we haven't diversified the gas and oil routes," Hungarian Prime Minister Viktor Orban said after the meeting in Bratislava, Slovakia. "This is a huge strategic mistake, not only for Hungary but for the entire EU."

naturalgaseurope.com

Tags: GAS, RUSSIA, SOUTH, STREAM
TO KILL SOUTH STREAM October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

TO KILL SOUTH STREAM October, 15, 12:25:00

BAD BOYS: IMF & WBG

TO KILL SOUTH STREAM October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

TO KILL SOUTH STREAM October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

TO KILL SOUTH STREAM October, 15, 12:10:00

IRAN SANCTIONS DOWN

TO KILL SOUTH STREAM October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

TO KILL SOUTH STREAM
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

TO KILL SOUTH STREAM
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

TO KILL SOUTH STREAM
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

TO KILL SOUTH STREAM
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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