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Gazprom Says It Signed Agreement To Build Gas Pipeline To EU

Russian gas giant OAO Gazprom said Friday it had signed an agreement to build a gas pipeline to the Europe Union that would reduce flows through Ukraine. But Polish officials cast doubt on the deal, saying no construction had been agreed and accused Gazprom of using gas as a political tool.The unusual back-and-forth comes as Gazprom has been struggling to turn around a decline in its exports to Europe and follows Russian President Vladimir Putin's unexpected public call to revive a project that had been largely forgotten. European officials and analysts said it wasn't clear whether the planned pipeline would be completed and suggested the actual target of the announcement was Ukraine, which ships the bulk of Russian deliveries to Europe and is locked in talks with Gazprom on a discount for its supplies.Gazprom said its chief executive officer, Alexei Miller, had signed a memorandum of understanding with the CEO of Polish pipeline operator Europol Gaz, Miroslaw Dobrut."The document envi...

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  1. Russia Offers New Proposal on Pipelines to EU

    Russia has handed the European Commission a proposal to provide exemptions for Russian pipelines that enter the European Union from regulations restricting their use...

  2. Gazprom to Increase Gas Exports in 2013 - Report

    Russian natural gas monopoly OAO Gazprom (GAZP.RS) aims to increase exports in 2013, Deputy Chief Executive Alexander Medvedev said Friday, Prime news agency reporte...

  3. Estonia Refuses Nord Stream Survey Request

    Estonia on Thursday rejected a request by Russia-led consortium Nord Stream AG to survey its waters as a potential route for an expansion of its pipeline bringing ga...

  4. Gazprom Could Increase Gas Transit Via Belarus by 30% - Reports

    Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) could invest $2 billion to increase the volumes of natural gas it sends via Belarus to Europe by 30%, Russi...

  5. South Stream European Partners Retain Right to Exit "Under Conditions"

    European energy companies with minority stakes in Russia's OAO Gazprom (GAZP.RS)-led South Stream natural gas pipeline can exit the project if certain conditions are...

  6. Shah Deniz Consortium Seeks About 50% Equity Stake in Nabucco-BP Executive

    BP PLC (BP) and its partners in an Azeri natural gas field are seeking an equity stake of about 50% in the Nabucco pipeline that is competing to provide an alternati...

  7. Gazprom, Bulgaria Sign Final Investment Agreement on South Stream

    Russia's gas monopoly OAO Gazprom (GAZP.RS) said Thursday it has reached a final investment agreement on the South Stream gas pipeline project with Bulgaria.Gazprom ...

  8. Gazprom to Start South Stream Construction Dec 7 - Report

    Russia's gas monopoly Gazprom OAO (GAZP.RS) plans to start construction of the 3,600-kilometer South Stream pipeline Dec. 7 after confirming the final investment pro...

  9. Final Investment Decision Made on South Stream Pipeline in Slovenia - Interfax

    Russia's state-run gas company, OAO Gazprom (GAZP.RS), reached a deal Tuesday on the South Stream pipeline with Slovenian gas distributor Plinovodi, Interfax reporte...

  10. EU Doesn't Consider South Stream Pipeline Has Final Investment Decision

    The European Union's executive body questioned Monday Russia's state-run energy giant Gazprom's (GAZP.RS) announcement last week that it had taken a final investment...

  11. Gazprom Agrees South Stream Final Investment Decisions

    Russia's state-run gas giant Gazprom (GAZP.RS) said Thursday that the final investment decisions regarding the South Stream gas pipeline to Europe have all been agre...

  12. Gazprom, Hungary Sign Deal on Hungarian South Stream Section

    Russian energy giant OAO Gazprom (GAZP.RS) and Hungary signed a final shareholders' agreement to build the Hungarian section of natural gas pipeline South Stream, Hu...

  1. Eni CEO: Turkish Oil Pipeline Project on Hold

    Eni SpA (E) Chief Executive Paolo Scaroni Wednesday said an oil pipeline project in Turkey that the Italian energy company is involved in is on hold because the pote...

  2. Ukraine on Course to Sign EU Deal; Energy Reforms Under Way

    Ukraine is on course to make required reforms to be able to sign a landmark treaty with the European Union this year, a senior official from Kiev said Wednesday."The...

  3. Ukraine on Course to Sign EU Deal, Energy Reforms Underway-Official

    Ukraine is on course to make required reforms to be able to sign a landmark treaty with the European Union this year, a senior official from Kiev said Wednesday."The...

  4. Gazprom Won't Budge Exporting Prices

    Russian state-controlled natural-gas giant OAO Gazprom (OGZPY, GAZP.RS) is standing firm on how it prices exports for "the foreseeable future," says deputy chief exe...

  5. Russian Firms Look to Expand Hungary Energy Production, Putin Says--Report

    Russian companies are ready to increase their presense in renewing and building energy production plants in Hungary, Russian President Vladimir Putin said Thursday i...

  6. Gazprom Adds $16.9 Billion To Projected South Stream Costs

    Russian gas giant OAO Gazprom (GAZP.RS) said it will invest 509.6 billion Russian rubles ($16.9 billion) expanding its pipelines to take gas to southeastern Europe v...

  7. Gazprom, Croatia Sign Deal To Construct South Stream Branch

    Russian natural gas producer OAO Gazprom (GAZP.RS) said Thursday it had signed a deal with Croatia's state-owned pipeline operator Plinacro to build a branch to the ...

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