Energy Blast – March 17th, 2009
Why has the Nabucco gas pipeline project been removed from a European Union list of priority projects? And why did Gazprom receive an invitation to join the project, which was originally conceived of as a means of sidestepping Russia? According to Ukraine’s Energy Ministry, Russian gas transit to Europe via Ukraine fell by 43.4% in February year-on-year due to decreased demand. A new Accenture survey suggests that energy consumers are becoming increasingly supportive of nuclear energy. LUKoil says it won’t waive dividends for 2008.