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2016-07-04 18:30:00

NORD STREAM 2: FOR SLOVAKIA

NORD STREAM 2: FOR SLOVAKIA

According to FT, Gazprom will send some of the gas from its controversial Nord Stream 2 pipeline through Slovakia, the Russian state-controlled company said, in a move that may soften Slovak opposition to the project.

Alexei Miller, Gazprom chief executive, said that the Russian company had "reached an agreement" with Slovak pipeline group Eustream that "Slovakian gas transport capacity will be used as part of the Nord Stream 2 project", writes Jack Farchy in Moscow.

Slovakia has been one of the most vocal opponents of the deal. It currently earns an estimated €400m a year from transit of Russian gas to Europe via Ukraine, which is set to fall sharply after 2020 if Gazprom's plans to build Nord Stream 2 are implemented.

"The two sides reached a common understanding on joint activities and cooperation in the framework of the [Nord Stream 2] project, specifically, an agreement was reached that this joint activity will be of a long-term character," Mr Miller said at Gazprom's annual general meeting in Moscow on Thursday.

Mr Miller did not say whether the agreement was binding and final, nor what volumes might be delivered. Alexander Medvedev, Gazprom's deputy chief, was quoted by Interfax saying that gas from Nord Stream 2 would be delivered through Slovakia on its way to the Austrian hub of Baumgarten.

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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
NORD STREAM 2: FOR SLOVAKIA September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

NORD STREAM 2: FOR SLOVAKIA September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

NORD STREAM 2: FOR SLOVAKIA September, 21, 10:45:00

UNEXPECTED OIL PRICES

NORD STREAM 2: FOR SLOVAKIA September, 21, 10:40:00

OIL MARKET UNCERTAINTY

NORD STREAM 2: FOR SLOVAKIA September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

NORD STREAM 2: FOR SLOVAKIA September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

All Publications »

Chronicle:

NORD STREAM 2: FOR SLOVAKIA
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

NORD STREAM 2: FOR SLOVAKIA
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

NORD STREAM 2: FOR SLOVAKIA
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

NORD STREAM 2: FOR SLOVAKIA
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »