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23.04.2014 Russia not to sell gas to Europe at Ukrainian border

Gazprom has no plans to sell its European customers gas at the Russia–Ukraine border to make them responsible for pumping through Ukraine, like European Commission President Jose Manuel Barroso has suggested, Prime Minister Dmitry Medvedev said on April 22, RIA Novosti r

14.04.2014 Putin says Russia to adhere to gas contracts with Europe

Russia guarantees the fulfilment of its natural gas commitments to European partners, President Vladimir Putin said on April 11, RIA Novosti reported.

14.04.2014 Turkmenistan prioritises gas contracts with Russia and Iran

Turkmen President Gurbanguly Berdimuhamedov stressed at a special meeting of the oil and gas industry that first of all, it is important to ensure supplying gas to the foreign markets in the volumes stipulated by the agreements signed with Russia and Iran, the Turkmen go

24.02.2014 Iran to pay high fees for risky oil fields

Iran will offer foreign partners incentives to find and pump more crude and natural gas and will pay some fees in barrels as it seeks to boost income once international sanctions are lifted, Bloomberg reported on February 24.

09.12.2013 Russia Receives EU Official Request to Revise South Stream Pipeline Deals

The Energy Ministry has received an official letter from the European Commission saying Russia needs revise the contracts signed with countries-transiters for the construction of the South Stream natural gas pipeline, Prime reported on December 6, citing Deputy Energy Mi

02.12.2013 Azerbaijan to Sign Major Contracts on Shah Deniz in 2014

Selection of the main contractors within the second phase of the Shah Deniz field's development in the Azerbaijani sector of the Caspian Sea is nearing completion, a source in the oil and gas market told Trend on November 29.

01.07.2013 Gas Exporters to Defend Pricing System as Courts Reject Oil Link

The world’s biggest natural gas exporters will seek to defend linking prices to the cost of oil even after courts ruled they overcharged customers and rising output from the U.S. to Australia challenges their dominance.