Ukraine plans to build terminal in Black Sea

Jan 01, 2012 12:00 AM

Ukrainian President Victor Yanukovych announced plans to build a terminal for liquefied gas on the Black Sea coast.
The project is worth about $ 2.5 bn and is planned for realization by late 2015.

The Ukrainian Cabinet approved signing of an inter-governmental deal on liquefied gas supplies with Azerbaijan. Gas will be transported to the Black Sea water zone through Georgian ports.
The government believes that the initiative will attract new gas exporters and form a mechanism of competition for gas imports, reducing prices.

Observers say that construction of the terminal is an effort of the president to reduce dependence on Russian gas.
Ukraine is striving for reconsideration of gas contracts signed with Russia in 2009.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« April 2019 »
April
MoTuWeThFrSaSu
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30

Register to announce Your Event

View All Events