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Energy Blast – Sept 15, 2011

Libyan oil exports are to begin within ten days, reports say.  Gazprom is confident that Sakhalin-2 can produce enough fuel to support the expansion of its LNG plant.  The International Monetary Fund has suggested that Russia use current high energy prices to support a restructuring of its economy, and in particular to build a stronger government balance sheet.  Officials with the Nabucco gas pipeline are welcoming European Union calls to negotiate an agreement between Azerbaijan and Turkmenistan for a Trans-Caspian pipeline that would bypass Russia.  Kazakhstan’s gas production has increased by over 10% this year.  Reuters reports on Poland’s prospects for leading eastern Europe in the field of efficient energy.