Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Europe calls for 'realistic' natural gas projects
by Daniel J. Graeber
Dubrovnik, Croatia (UPI) Jul 10, 2015


disclaimer: image is for illustration purposes only

European energy security depends in part on "realistic and feasible" infrastructure through central and southern European countries, a commissioner said Friday.

The European Commission announced the signing of a memorandum of understanding in Croatia with central and southern European countries that calls in part for more momentum behind the construction of what the commission said were "missing" gas links in the region.

Lingering economic and geopolitical issues in Ukraine pose a threat to European natural gas supplies. Europe gets about a quarter of its gas needs met by Russia's Gazprom, accused of holding monopolies in the region, and the majority of that volume runs through Soviet-era pipelines in Ukraine.

For Gazprom, its twin Nord Stream gas pipeline through the Baltic Sea and the planned Turkish Stream project, a scaled down version of the South Stream pipeline, offer means for diversification.

"The improvement of infrastructure through realistic and feasible projects is crucial to diversify energy resources and strengthen the region's resilience to supply shocks," European Energy Commissioner Maros Sefcovic said in a statement. "Cooperation among the countries of the region is key in this regard."

Bulgaria's decision in August to back away from South Stream led in part to a derailment of the project. The country's prime minister told European leaders in January that Bulgaria could become a common gas distribution center for EU member states in the region.

Gas links through Bulgaria, and pipelines stemming from Azerbaijan, are among the projects included in the European energy diversification strategy.

British energy company BP leads a project consortium tapping into natural gas off the coast of Azerbaijan. The company has awarded more than $1 billion in development contracts since selecting the Trans-Adriatic pipeline as its option for Azeri gas in 2013.

The European Commission said that, "ultimately, each member state in the region should have access to at least three different sources of gas."


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Oil prices rise but gains capped by China, Greece
London (AFP) July 9, 2015
Oil prices rose Thursday, clawing back ground after recent sharp losses, while gains were capped by concerns surrounding the impact of China's and Greece's problems on crude demand, analysts said. US benchmark West Texas Intermediate for August delivery won 72 cents to $52.37 a barrel. Brent North Sea crude for August rose 41 cents to stand at $57.46 a barrel nearing midday in London. ... read more


OIL AND GAS
Lower cost ultrasound degassing now possible in processing aluminum

Making new materials with micro-explosions: ANU media release

New technique enables magnetic patterns to be mapped in 3-D

Engineers give invisibility cloaks a slimmer design

OIL AND GAS
Navy engineer invents new data transmission system

Fourth MUOS arrives in Florida for August launch

Airbus DS unveils new mobile welfare communication portfolio

Britain looks to replace tactical radios

OIL AND GAS
Final payload integration begins for next Ariane 5 launch

Licensed commercial spaceport to be built in Houston, Texas

More Fidelity for SpaceX In-Flight Abort Reduces Risk

Rocket Lab Announces World's First Commercial Launch Site

OIL AND GAS
Russian, Chinese Navigation Systems to Accommodate BRICS Members

Russia, India Cooperate on Space Exploration, Glonass Satellite System

China's Beidou navigation system more resistant to jamming

Global Positioning System: A Generation of Service to the World

OIL AND GAS
Computer glitch grounds United flights for an hour

Two dead as F-16, Cessna collide in South Carolina

Solar Impulse 2 pilot becomes aviation legend

Airbus and Mahindra to make military choppers in India

OIL AND GAS
Ultrafast spectroscopy used to examine magnetoresistance systems

Could black phosphorus be the next silicon?

IBM unveils 'breakthrough' computer chip

The quantum middle man

OIL AND GAS
Oregon experiments open window on landscape formation

Sentinel-2A completes critical first days in space

Beijing Quadrupled in Size in a Decade

A New Era of Space Collaboration between Australia and US

OIL AND GAS
The Good, the Bad, and the Algae

Water used for hydraulic fracturing varies widely across United States

China's footprint getting greener

US Supreme Court rejects EPA mercury emissions limits




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.