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gas pipeline

Macquarie prepares gas pipeline Open Grid Europe for sale
Business & Finance

Macquarie prepares gas pipeline Open Grid Europe for sale

  • Macquarie's European Infrastructure Fund 4 (MEIF4) is working with Macquarie Capital and UBS on the divestiture, the people said.
  • OGE was MEIF4's first investment, which was followed by acquisitions of gas grids in the Czech Republic and Italy, European wind farms and broadcasting towers as well as hydro power plants and utilities.
Published 24 Mar, 2021 06:50pm
US shouldn't threaten friends over Nord Stream 2, says Austria's OMV CEO
Markets

US shouldn't threaten friends over Nord Stream 2, says Austria's OMV CEO

  • "This project is of great importance for the security of supply of the European gas market, it is therefore Europe's responsibility to decide," Seele told Austrian newspaper Wiener Zeitung.
  • "We have had a deep transatlantic friendship with the USA for decades. And friends shouldn't threaten each other," he said in an interview published on Saturday.
Published 20 Mar, 2021 07:01pm
India to set up gas pipeline operator to boost gas use
Markets

India to set up gas pipeline operator to boost gas use

  • India, a signatory to Paris Climate accord, will also launch a Hydrogen Energy Mission in the next fiscal year to March 2022 for generating hydrogen from green power sources.
  • Gas Transport System Operator will be set up for facilitation and coordination of booking of common carrier capacity in all-natural gas pipelines on a non-discriminatory open access basis.
Published 01 Feb, 2021 06:28pm
Zurich Insurance to drop out of Nord Stream 2 project
Markets

Zurich Insurance to drop out of Nord Stream 2 project

  • Zurich, which has a big US business, is one of around 20 insurers in a consortium backing the project, one person familiar with the situation said.
  • The Nord Stream 2 consortium said on Friday that preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead.
Published 16 Jan, 2021 08:19pm
Nord Stream 2 delays resuming pipeline construction: report
Business & Finance

Nord Stream 2 delays resuming pipeline construction: report

  • The consortium will probably be able to say at the end of January or in early February when work will resume, the spokesman said.
  • The construction of a 2.6-km long portion of the pipeline in Germany's shallow waters was resumed and finished last month with the help of the Fortuna.
Published 15 Jan, 2021 06:10pm
Germany hopes for quick talks with US about Nord Stream 2
World

Germany hopes for quick talks with US about Nord Stream 2

  • Nord Stream 2, designed to double capacity of the existing undersea Nord Stream gas pipeline from Russia to Germany.
  • The group behind the pipeline suspended works in December 2019 due to the threat of sanctions from Washington.
Published 15 Jan, 2021 05:48pm
Serbia opens Russian gas project portion
Markets

Serbia opens Russian gas project portion

  • TurkStream is a landmark project of Turkey and Russia to deliver Russian gas via the Black Sea.
  • US President Donald Trump's administration has repeatedly slammed Germany and other European nations for their reliance on energy from Russia.
Published 01 Jan, 2021 08:04pm
Petrobras readies sale of Brazil-Bolivia gas pipeline stake
Markets

Petrobras readies sale of Brazil-Bolivia gas pipeline stake

  • Petrobras, as the Rio de Janeiro-based company is known, is also selling its 25% stake at Transportadora Sulbrasileira de Gas S.A. (TSB).
  • In a separate filing, Petrobras also announced the binding phase of the process to sell 26 concessions at the Potiguar basin.
Published 23 Dec, 2020 06:05pm