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2015-01-03 21:30:00

SOUTH STREAM: GAZPROM PURCHASES

SOUTH STREAM: GAZPROM PURCHASES

Gazprom has announced that it has agreed to purchase the interest of its partners in the company set up to facilitate the offshore section of the now cancelled South Stream pipeline project.

The Russian gas giant has entered into an agreement with Italy's Eni SpA , the Wintershall Holding GmbH unit of BASF SE and French utility EDF, on the purchase of the 50% of shares in South Stream Transport BV. not already held by Gazprom.

South Stream Transport B.V. was the joint venture established to undertake the planning and construction and to operate the section of the South Stream pipeline that was run across the Black Sea. Prior to the transaction Eni held a 20% stake, EDF held 15% and Wintershall also held 15%.

The parties agreed not to disclose the financial details of the transaction, but it is believed that purchase price reimburses the cash invested by vendors.

naturalgaseurope.com

Tags: SOUTH, STREAM, GAZPROM

Chronicle:

SOUTH STREAM: GAZPROM PURCHASES
2018, August, 20, 14:00:00

U.S. RIGS UP 0 TO 1,057

BAKER HUGHES A GE - U.S. Rig Count is unchanged at 1,057 rigs, with oil rigs unchanged at 869, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 3 rigs from last week to 212, with oil rigs up 1 to 141 and gas rigs up 2 to 71.

SOUTH STREAM: GAZPROM PURCHASES
2018, August, 17, 12:01:00

OIL PRICE: NOT ABOVE $72

REUTERS - Brent crude oil futures LCOc1 were down 3 cents at $71.40 a barrel by 00229 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 dropped 1 cent to $65.45 a barrel.

SOUTH STREAM: GAZPROM PURCHASES
2018, August, 17, 11:55:00

ШИРОКИЕ ПЕРСПЕКТИВЫ СОТРУДНИЧЕСТВА

МИНЭНЕРГО РОССИИ - «Если рассмотреть Конвенцию через призму энергетического сотрудничества прикаспийских государств, можно отметить, что она открывает большие перспективы для расширения и углубления взаимовыгодного сотрудничества в сфере ТЭК», - сказал глава российского энергетического ведомства.

SOUTH STREAM: GAZPROM PURCHASES
2018, August, 17, 11:50:00

GLOBAL NUCLEAR POWER UP

WNA - Nuclear reactors generated a total of 2506 TWh of electricity in 2017, up from 2477 TWh in 2016. This is the fifth successive year that nuclear generation has risen, with output 160 TWh higher than in 2012.

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