News - page #34

Earlier, Kistion said that Ukraine would form the terms of the tender to select a partner to manage Ukraine's gas transit system (GTS) before April 2018.

The deadline for Ukraine's fulfilling the requirements for accession to the united energy system of continental Europe is July 2022.

The Secretariat published its in-depth review of Ukrainian national regulatory authority’s (NEURC) de iure and de facto compliance with the Energy Community acquis.

The Verkhovna Rada of Ukraine supported the bill No. 6229 on transparency in the extractive industries.

The first phase of the Southern Gas Corridor (SGC) pipeline from Azerbaijan to Europe will open in July and could be expanded after it becomes fully operational in 2020, Azeri state energy company SOCAR said.

The project will build on the existing South Caucasus Pipeline, which will be expanded and extended into Turkey via the Trans Anatolian Pipeline. From Greece, the Caspian gas will flow to Italy via the Trans Adriatic Pipeline. Both TANAP and TAP have yet to be built.

The European Investment Bank (EIB) decided this week to invest €1.5bn in a natural gas pipeline connecting Italy, Greece, and Albania – despite MEPs having requested a vote on such preferential treatment given to fossil-fuel gas projects.

Romania will finish the necessary investments to export natural gas to Hungary by 2020, according to an agreement signed on Monday by the foreign ministers of the two countries.

Despite being at the peak of the winter season, the Slovak-Ukrainian gas pipeline Vojany - Uzhgorod is only operating at half capacity. During January, roughly 19 million cubic metres of natural gas per day were shipped across Slovakia to the Ukraine.

For the time being, the Kingdom remains disproportionately dependent on the price of the barrel.

The European Commission launched a website on Monday (29 January) aimed at providing insights into the issue of energy poverty - but without defining what 'energy poverty' means.

The Secretariat met with the Chairman of National Energy and Utilities Regulatory Commission (NEURC), Mr Dmitro Vovk, at its seat in Vienna.

Bulgaria may become a hub for supply of Azerbaijani gas to Europe, said Azerbaijan’s ambassador to Bulgaria Nargiz Gurbanova.

China is taking global leadership in the clean energy sphere, while the global energy system experiences a significant transformation, said Fatih Birol, executive director of the Paris-based International Energy Agency (IEA).

According to Eurostat findings published earlier today, the share of energy from renewable sources in gross final consumption of energy for 2016 reached 17% in the European Union.

EU Member States agreed Thursday to the European Commission’s proposal to invest €873 million in key European energy infrastructure projects.

A proposed list of priority energy projects drawn up by the European Commission has come under intense scrutiny by MEPs, some of whom accuse the EU executive of focusing too heavily on fossil fuel projects. The most critical voices plan to launch a landmark objection to the list.

Poland’s state-run gas firm PGNiG has signed an agreement with a gas system operator for the transmission of gas from Norway to Poland via Denmark through a planned Baltic Pipe pipeline in 2022-2037, PGNiG said in a statement on Monday.

Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.