| 2009-07-03 |
2008-05-06
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Energy is the basis of the world's welfare and prosperity: Lankhorst
"First, we need energy to maintain high economic standards and raise them in the largest possible number of countries. Second, energy is the foundation for the world's new future. We can use it to alleviate possible negative consequences of climate change provoked by global warming.
[...]
Energy consumption could be a reason for the warming, but it is also key to solving the problem."
-- Gertjan J. Lankhorst, CEO of GasTerra
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| 2009-07-03 |
2007-09
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The EU appointed the former minister of foreign affairs of the Netherlands, Jozias van Aartsen, as coordinator of the Nabucco project. His mandate was expanded shortly afterward as “EU Coordinator for the Caspian Sea-Middle East-European Union Gas Route”, with Nabucco as the priority.
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| 2009-07-03 |
2007-05 / 2008-06
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The Austrian government and OMV company gave Gazprom 50 percent ownership of Nabucco’s designated terminal near Vienna, suggested sharing the use of Nabucco’s throughput capacity with Gazprom, and agreed to build an extension of South Stream through Austria, potentially preempting Nabucco.
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| 2009-07-03 |
2006-06
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Austria launched Nabucco as an EU project during its presidency of the EU.
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| 2009-07-03 |
2008-06-24
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Gazprom announced that more than half of South Stream’s total projected capacity would be used to meet already existing supply commitments.
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| 2009-07-03 |
2009-02-18
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Russia's first-ever plant for liquefied natural gas (LNG) was inaugurated near Yuzhno-Sakhalinsk in the presence of Russian President Dmitry Medvedev, Britain's Prince Andrew, Netherlands Economic Affairs Minister Maria van der Hoeven, and Japanese Prime Minister Taro Aso. The plant will process gas from the Sakhalin-2 extraction project, consisting of several offshore fields in the Sea of Okhotsk.
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| 2009-07-03 |
2008
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Lukoil bought a 49 percent stake, with an option to expand it later, in the Italian ERG group's ISAB refinery in Sicily (with its declared total processing capacity at an impressive 16 million tons per year).
This is Lukoil's first major acquisition in Western Europe.
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| 2009-07-03 |
2009-06-20
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Russia's Lukoil has broken into Western Europe's most lucrative oil refining and retail market by taking over Dow Chemicals' 45 percent stake in Total Raffinaderij Nederland (TRN).
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| 2009-07-03 |
2007-12-20
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Russia, Turkmenistan and Kazakhstan finalised an agreement, in the presence of Vladimir Putin, the Russian president, and Nursultan Nazarbayev, Kazakhstan's leader, to build a pipeline, dubbed Pricaspiysky, to transport gas to Russia.
The new pipeline will skirt the east coast of the Caspian Sea carrying 20bn cubic metres a year of Turkmen and Kazakh gas north to Russia's Saratov region.
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| 2009-07-03 |
2006-04
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In Russia, the Putin government announced the first stage of construction of the East Siberia-Pacific Ocean Pipeline (ESPO), a vast oil pipeline from Taishet in the Irkutsk Region near Lake Baikal in East Siberia, to Perevoznaya Bay on Russia’s Pacific Ocean coast, to be built at a cost of more than $11.5 billion. Transneft, the Russian state-owned pipeline company will build it. When finished, it will pump up to 1.6 million barrels/day from Siberia to the Russian Far East and from there on to the energy-hungry Asia-Pacific, mainly to China. The first stage is due to be completed by end of 2008.
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