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Context on Energy
News Iran to sign new gas export deals

Iran plans to sign some new gas export contracts in the near future, the Iranian oil minister announced.

  • December 15, 2012
News Estonia is already ahead of the Nordic countries in the rate of contracts for the supply of electricity

As at 10 December, 2012, customers have concluded 321,000 contracts with Estonian energy company Eesti Energia. According to Margus Rink, Management Board Member at Eesti Energia, the activity of Estonia's residents in choosing their electricity supplier is impressive – in terms of the rate of contracts concluded for the supply of electricity, Estonia is now already ahead of the Nordic countries, the energy company said in a statement.

  • December 15, 2012
News Turkmenistan has all prerequisites to increase volume of gas production and exports

Turkmenistan has all the prerequisites to increase the volume of gas production and exports in the coming years, Turkmen President Gurbanguly Berdimuhammadov said in his message on the occasion of the Day of Workers of Oil and Gas Industry and Geology, celebrated on Friday.

  • December 14, 2012
News Russia plays along with Sakhalin pipeline project

Russian gas monopoly Gazprom has apparently ruled out building a subsea Sakhalin-Japan natural gas pipeline. That is not preventing continued talks on the ambitious project, which remains a bargaining tool in Russia's gas-price negotiations with China.

  • December 14, 2012
News Catching up with the global energy demand

According to the International Energy Agency (IEA), global demand for energy will increase more than 33 percent by 2035. And following Germany’s decision to abandon its nuclear industry by 2020, electricity costs will be 1.5 times higher in Europe than the U.S. by 2030.

  • December 13, 2012
News Georgia’s negations with Russian Inter RAO on electricity tariffs nearing completion

Negotiations on tariffs for electricity with the Russian company Inter RAO are underway and a statement will be made in the coming days, Georgian Energy Minister Kakha Kaladze said on Tuesday.

  • December 11, 2012
News Turkey to decide which country builds second nuclear power plant

By the end of this year, Turkey will determine the country that will build the second nuclear power plant in Sinop, Turkish Minister of Energy and Natural Resources Taner Yildiz said, the Hurriyet newspaper reported.

  • December 10, 2012
News Ukraine ready to contribute to development of Turkmen fields

Ukraine is ready to contribute to infrastructure development in the Turkmen economy, including the construction of energy and industry facilities and field development, Ukrainian President Viktor Yanukovych said in Ashgabat, Turkmen TV reported on Thursday.

  • December 7, 2012
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