Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. 24/7 Space News .




ENERGY TECH
Russia to build pipeline with Croatia
by Staff Writers
Moscow (UPI) Jan 18, 2013


disclaimer: image is for illustration purposes only

Gazprom and Croatia's Plinacro have agreed to build a natural gas pipeline to ship Gazprom gas to European markets.

On Friday. Gazprom and Plinacro signed an agreement in the Croatian capital Zagreb to build a $79.9 million, 62 mile long extension to Gazprom's South Stream gas pipeline.

Both Gazprom and Plinacro are state-owned companies.

The project provides for creating a joint venture to contribute to the construction of South Stream's extension for delivering Russian natural gas to Croatia by 2016.

The pipeline's annual capacity is for 2.7 billion cubic meters of gas, Golos Rossii news agency reported on Friday.

As part of the agreement Gazprom will also construct a power plant in Croatia to maintain its domestic market for the fuel. The pipeline is tentatively scheduled to come online by December 2016.

Gazprom Deputy Chief Executive Officer Aleksandr Medvedev told reporters in Zagreb, "We intend not only to supply gas, but also to develop the gas market, and one of the ways is to build gas-powered electric plants,"

Gazprom, the world's biggest gas producer, and partners Eni SpA (ENI), Wintershall AG and Electricite de France SA, started work in Dec. 2012 on the South Stream natural gas pipeline, transiting from the Russian Federation under the Black Sea to eastern and southern Europe customers. If all goes well, South Stream will begin delivering Russian gas to its eastern and southern Europe customers by December 2015 and reach an annual capacity of 63 billion cubic meters four years later.

Since the collapse of the USSR in December 1991, Gazprom has been involved in seemingly interminable wrangles with former Soviet republics Belarus and Ukraine over transit fees and domestic delivery costs, and the South Stream natural gas pipeline and its northern equivalent North Stream, as both designed to ensure reliable deliveries of Gazprom natural gas to its European markets, the company's most reliable and profitable customers.

Gazprom intends to add both more natural gas pipelines and as well as power stations in Europe to keep its market share there even as slowing economic growth since the global recession began in late 2008 diminishes European demand as competition for customers increases. Gazprom continues to rely on increasing its network of pipelines providing fuel to European markets even as global output of liquefied natural gas expands. A possible future competitor is the U.S., where soaring production of natural gas from hydraulic fracturing comes to dominate the American market, leading energy companies to consider investing in liquefied natural gas facilities to begin exports, with Europe eyed as a potential market.

Sweetening the deal for Croatia, Gazprom's intention to build a power station in Croatia will probably be Osijek, in the east of the country, according to Medvedev, a 500-megawatt plant in constructed in cooperation with local utility Hrvatska Elektropriveda DD,

.


Related Links
Powering The World in the 21st Century at Energy-Daily.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





ENERGY TECH
Philippine group says China firm vital for gas project
Manila (AFP) Jan 17, 2013
A Philippine consortium insisted Thursday a gas project in the disputed South China Sea could only work with the involvement of a Chinese firm, otherwise Beijing could make things difficult. The Philippine government has awarded the Forum Energy consortium the exploration contract for a potentially huge gas field off Reed Bank in waters at the centre of a fierce territorial row between Manil ... read more


ENERGY TECH
US, Europe team up for moon fly-by

Russia to Launch Lunar Mission in 2015

US, Europe team up for moon fly-by

Mission would drag asteroid to the moon

ENERGY TECH
Choosing the right people to go to Mars

ChemCam follows the 'Yellowknife Road' to Martian wet area

Mars image suggests ancient water flow

NASA Mars Rover Preparing to Drill Into First Martian Rock

ENERGY TECH
Mathematical breakthrough sets out rules for more effective teleportation

Orion Teamwork Pays Off

Unilever Buys 22 Flights On XCOR Lynx Suborbiter For AXE Campaign

Iran renews plan to send monkey into space: reports

ENERGY TECH
China to launch 20 spacecrafts in 2013

Mr Xi in Space

China plans manned space launch in 2013: state media

China to launch manned spacecraft

ENERGY TECH
ESA workhorse to power NASA's Orion spacecraft

Competition Hopes To Fine Tune ISS Solar Array Shadowing

Embassy Gathers Elite Group of Space Policy Chiefs

NASA, Bigelow Officials to Discuss ISS Expandable Module

ENERGY TECH
Africasat-1a to launch on first Ariane 5 launch in 2013

Roscosmos Releases Report On Proton Launch Anomaly

Russia plans replacement for Soyuz rocket

Arianespace's industry leadership will continue with 12 launcher family missions planned in 2013

ENERGY TECH
Earth-size planets common in galaxy

NASA's Hubble Reveals Rogue Planetary Orbit For Fomalhaut B

NASA, ESA Telescopes Find Evidence for Asteroid Belt Around Vega

Kepler Gets a Little Help From Its Friends

ENERGY TECH
New surfaces repel most known liquids

Sustainable reinforcement for concrete has newly discovered benefits

ECAPS signs contract with Skybox for complete propulsion system

Boeing Grows Composite Manufacturing Capability in Utah




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal 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