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2019-02-08 12:00:00

GERMANY'S GAS INDEPENDENCE

GERMANY'S GAS INDEPENDENCE

REUTERSGermany will not become dependent on Russia for gas due to Russia's Nord Stream 2 pipeline, Chancellor Angela Merkel said on Thursday, stressing that it was crucial to ensure Ukraine remained a transit country for gas.

"Do we become dependent on Russia due to this second gas pipeline? I say 'no', if we diversify at the same time," Merkel told a news conference in Bratislava, where she met the leaders of the Visegrad group - Czech Republic, Hungary, Poland and Slovakia.

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Tags: GERMANY, GAS, RUSSIA, NORD STREAM

Chronicle:

GERMANY'S GAS INDEPENDENCE
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

GERMANY'S GAS INDEPENDENCE
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

GERMANY'S GAS INDEPENDENCE
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

GERMANY'S GAS INDEPENDENCE
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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