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Energy Blast – Nov 22, 2010

Global warming is causing the greenhouse gas methane, usually trapped inside icy earth, to be released at an accelerated rate in Siberia, says this report.  Poland is beginning a year-long analysis into a possible cross-border cable that would to import electricity from Kaliningrad.  Could India’s Uranium Corp team up with Rosatom to jointly develop a $3 billion Elkon uranium mine in Siberia?  The Bank of China has valued Oleg Deripaska’s EuroSibEnergo at $0.7-1.9 billion less than its own estimate, ahead of its 25% IPO.  Russia will discuss gas prices with Belarus, but, says Vladimir Putin, ‘no one of our foreign partners is getting gas cheaper than Belarus.‘  Turkmenistan is to join the Nabucco pipeline, contributing up to 40 billion cubic meters of gas to Europe each year, after winning support from its neighbors in the Caspian.