2019-03-25 11:20:00
GERMANY'S INDEPENDENCE UP
CLEW - The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany's dependence on individual countries for gas, economy and energy minister Peter Altmaier said in an interview with energy policy newsletter Tagesspiegel Background. "In the future, we want to depend neither on Russia nor on the United States," Altmaier told Tagesspiegel. He added that German gas demand was likely to rise as the country phases out both nuclear and coal-fired power plants.
The controversial Nord Stream 2 pipeline will link Germany and Russia via the Baltic Sea, running parallel to the existing Nord Stream 1 pipeline. Many EU countries, as well as the US, oppose the project on security grounds, arguing it would make Germany more dependent on Russia. In February, Altmaier agreed with US government representatives to explore possibilities for direct gas trade between the two countries, and said Germany could start building its first LNG terminal soon, a move that has been denounced by environmental groups.
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Earlier:
2019, March, 22, 10:30:00
COMPETITIVE RUSSIAN LNG
Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.
2019, March, 22, 09:45:00
WINTERSHALL WILL BE THE LARGEST
Germany's Wintershall -- which is set to complete its merger with upstream company DEA by the end of June -- plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday.
2019, March, 20, 10:50:00
ИНВЕСТИЦИОННЫЕ ПРОЕКТЫ ГАЗПРОМА
Совет директоров ПАО «Газпром» одобрил проводимую компанией работу по реализации крупнейших инвестиционных проектов. В числе приоритетных направлений деятельности компании — Восточная газовая программа.
2019, March, 20, 10:40:00
EUROPE'S GAS SECURITY
IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.
