October 2, 2017, 15:00
Gazprom and Delek Drilling LP signed a Memorandum of Understanding. According to the document, the parties will jointly examine the possibilities of using natural gas as a fuel for vehicles (road, rail and water transport) and special equipment (agricultural, material-handling and other equipment) in Israel.
The Memorandum was signed pursuant to the Memorandum of Understanding inked on June 7, 2016, between the Ministry of Energy of the Russian Federation and the Ministry of National Infrastructure, Energy and Water Resources of the State of Israel. The document provides for the establishment of a joint working group.
January 24th, 2017John Roberts, William Powell
Gazprom has declared for the first time that it may be interested in using the Trans-Adriatic Pipeline as a method of delivering Russian gas to Italy. Addressing the European Gas conference in Vienna January 24, Gazprom deputy chairman Alexander Medvedev (pictured below) said Russia has sufficient installed capacity upstream to deliver more than 100bn m³/yr of extra gas to Europe but that it faces an infrastructure problem.
He added: “In order to bring this gas to Europe we need additional infrastructure, which we are working on with our European partners – NordStream 2 and Turkish Stream. This capacity will not be sufficient to bring all this to Europe. So this is why we are talking to use available capacity on the Poseidon project that will be ready soon, or maybe TAP.”