Energy Blast – October 9, 2009

Iranian President Mahmud Ahmadinejad has said that some countries have offered to provide Iran with uranium enriched to 20% for peaceful use as nuclear reactor fuel.  In a move to decrease energy consumption, Russia plans to ban the production and sale of all kinds of incandescent light bulb from January 1, 2014.  Gazprom hopes to take a 10% share of the US natural gas market within five years.  The company’s deputy CEO, Alexander Lebedev, has apparently also said that it plans to gain a 25% share of the global market by 2020Bloomberg reports that the gas giant is in talks with Petroleo Brasileiro SA on joint operations.  Lukoil has said that it has no corroboration of reports that its partner, ConocoPhillips, may halve its stake in the Russian company.  Russia and Bolivia may establish a joint venture to explore and produce natural gas in the next two to three months.  ITAR-TASS reports that Ukraine will reduce its purchases of Russian natural gas in 2010, and will ignore any ‘aggressive‘ comments on the topic that has proved so thorny for the two nations.  More likely a zone of cooperation than confrontation?  A piece in the Economist looks at Arctic aspirations. 

This post was tagged . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

One Comment

  1. Posted October 11, 2009 at 9:13 pm | Permalink

    Quote from The Economist : ” The armed forces of Russia, Norway, Finland and Sweden did manoeuvres together in the Barents Sea,”In fact it was civil security forces , with a component of armed forces , who attended the Barents Rescue 2009 drills .The drills were :-Extenguishing a fire on the Belomorenka buffer ship-Drills on a plane which crashed on a nuclaer facility-Giving rescue on a road accident in an arctic highway……………….REPSOL YPF wants to collaborate with GAZPROM in theYamal arctic , so GAZPROM goes in Repsol’s hunting territories in Latin America .Quite normal as an exchange of assets will be certainly part of the deal .BesT regardsDaniel BESSON

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>