Russian supply glut to pressure UK summer gas
French bank Societe Generale recommended selling British natural gas for summer delivery, citing expectations that additional Russian supplies will flood the European market this year.
US to hold nuclear talks with North Korea in China
A US envoy will hold talks with North Korea on its nuclear program in Beijing next week, the first such negotiations since the death of the nation's longtime leader, Kim Jong II.
Iran to present nuclear projects 'in days'
A defiant Iranian President Mahmoud Ahmadinejad vowed Saturday to inaugurate "important nuclear projects" within days and lashed out at Israel, saying the "story" of the Holocaust underpinning its existence had been "smashed".
Ukraine Wants to Help Russia Facilitate Non-Stop Gas Supply to Europe
"We are ready, upon official request from Russia, to grant extra gas to Europe," said Ukraine's Energy Minister Yuriy Boyko. In his interview to CNN, the Ukrainian minister explained that currently Ukraine receives 400 million cubic meters of gas per day on its eastern border instead of the required 500 million due to extremely cold weather in Russia. This caused a drop in the amount of gas Europe received through Ukrainian pipeline.
EU looks to Azerbaijan for gas - by any route
Afflicted by an unusually cold spell, and with diplomatic tensions in its neighbourhood adding pressure on energy supplies, the European Commission is backing future gas deliveries from Azerbaijan, irrespective of the pipeline used, Energy Commissioner Guenther Oettinger told dpa in an interview conducted in Brussels this week.
Azerbaijan renews gas exports to Turkey
Azerbaijan restarted natural gas deliveries on Thursday to Turkey from its giant Shah Deniz field, a spokeswoman for operator BP told Reuters.
Iran ties not in contradiction with US relationship
Amidst increasing pressure from the US to reduce its dependence on Iranian oil, India on Tuesday said its ties with Tehran is neither inconsistent with non-proliferation objectives nor is in contradiction with its relationships with the West.
Turkey hit by Azeri, Iran gas flow problems
Turkey's gas imports from Azerbaijan and Iran tumbled on Tuesday due to technical problems in both countries, Turkish officials said, slashing supply to the country of 75 million people as it faces growing pressure to meet high winter demand.
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