Today’s Links
- The Independent: Government backtracks on fracking
The Government has rejected shale gas technology as a solution to Britain’s energy crisis, conceding it will do little to cut bills or keep the lights on.
Supporters of the fracking technology – which blasts water, sand and chemicals at extreme pressures to release gas trapped deep in rock –… - News.AZ: Nabucco not dead
Turkey’s energy and natural resources minister said yesterday that it would not be appropriate to say the Nabucco project is over.
Minister Yıldız said the project would probably survive as “Nabucco West,” a smaller, shorter pipeline, widely thought likely to begin at the Bulgarian-Turkish…
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Today’s Links
- Financial Mirror: Did Turkey scare the "big boys" away from Cyprus?
A mix of 15 bidders have applied for rights to explore nine blocks in the Cyprus offshore natural gas licensing round that ended on Friday. These include international heavyweights Total, Petronas, Gazprom, Marathon and ENI.
However, some of the major players, such as BP, Shell, Exxon Mobil and… - Turkey Re-iterates Warning over Cyprus Drilling
Turkey has again provided a forceful warning to bidders participating the present round of licensing offshore Cyprus, re-interating that will not allow exploration in areas that it views as disputed territory and that the international companies should withdraw their bids.
“We call on the countries… - Spiegel: Gazprom Hopes to Build Second Baltic Sea Pipeline
With the planned Nabucco natural gas pipeline in southern Europe hitting snag after snag, Russian natural gas giant Gazprom is considering the construction of a second Baltic Sea pipeline to go with the just-finished Nord Stream. With unconventional natural gas from the US flooding the market, however…
- Today’s Zaman: Farewell to ‘greater’ Nabucco as TANAP emerges to replace it
Everything began with much enthusiasm when Nabucco –- a natural gas transfer project designed to carry Caspian gas to European markets, bypassing the Russian route –- was introduced in 2002. But the curtain is now likely to fall over the big dreams as the past 10 years have wiped out much…
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