• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 5 hours Danish Royal Palace ‘Surprised’ By Trump Canceling Trip
  • 6 hours Recession Jitters Are Rising. Is There Reason To Worry?
  • 19 mins A legitimate Request: France Wants Progress In Ukraine Before Russia Returns To G7
  • 51 mins Used Thin Film Solar Panels at 15 Cents per Watt
  • 5 hours China has invested btw $30 - $40 Billon in Canadian Oil Sands. Trump should put 10% tariffs on all Chinese oil exported into or thru U.S. in which Chinese companies have invested .
  • 12 hours US Shale Economic Impact: GDP gain realized in shale boom’s first 10 years
  • 15 mins IS ANOTHER MIDDLE EAST WAR REQUIRED TO BOLSTER THE OIL PRICE
  • 18 hours It's Not the Job of the Government to Dictate Where Businesses Should Go
  • 12 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 19 hours Offshore subsea sub 50$/bbl : Rystad Energy: High stakes in store for subsea markets if oil falls to $50/bbl
  • 15 hours Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources
  • 16 hours Tit For Tat: China Strikes Back In Trade Dispute With U.S. With New Tariffs
  • 11 hours Domino Effect: Rashida Tlaib Rejects Israel's Offer For 'Humanitarian' Visit To West Bank
  • 10 hours NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
Washington Threatens Greece In Tanker Seizure Saga

Washington Threatens Greece In Tanker Seizure Saga

Washington has asked Greece not…

Slovakia Agrees To Supply Ukraine With Gas

Slovakia has signed an agreement with Ukraine to reverse the flow of a natural gas pipeline that connects the two countries. The pipeline was constructed to send Russian gas through Ukraine and on to Slovakia, but the threat to Ukraine from Russia has the government in Kiev looking for ways to diversify away from its overwhelming dependence on Russian gas.

The pipeline is currently not being used, and the agreement will require engineering changes over the next several months. When completed, the pipeline could deliver 10 billion cubic meters of natural gas annually, which would be enough to meet around one-fifth of Ukraine’s gas demand.

“This is an important first step to diversify Ukraine's sources of gas supply and contributes to greater energy security in Eastern Europe and the EU as a whole,” EU President Jose Manuel Barroso said about the accord.

Related Article: Coal Increasingly Seen As Option For European Energy Security

The agreement comes after a series of other moves to improve Ukraine’s access to natural gas from its western neighbors. Ukraine also agreed to terms with the Hungarian government for natural gas flows.

Earlier this month, Germany brought a new natural gas pumping station online that reversed the flow of gas through the Yamal-Europe pipeline. The deal to do so was reached in 2012, long before the Ukraine crisis, but it has become operational at an opportune time, in that it will allow Poland to access energy in the event Russia decides to turn off the taps.

By Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play