Subscribe free to our newsletters via your
  Oil and Gas News from OilGasDaily.Com  




Subscribe free to our newsletters via your




















OIL AND GAS
Europe helps fund non-Russia gas line for Finland
by Daniel J. Graeber
Brussels (UPI) Aug 10, 2016


disclaimer: image is for illustration purposes only

The European Commission said it was allocating funding to end Finland's energy isolation, one day after new life emerged for a Russian pipeline for Europe.

The commission said it allocated roughly $210 million to support the construction of the first-ever natural gas pipeline linking Finland to Estonia, dubbed the Baltic-connector. European Energy Minister Arias Canete said the project would end Finland's energy isolation by giving it a new option over Russia.

"Diversifying energy sources and routes, and uniting the energy markets, is at the heart of the Energy Union," he said in a statement. "This is key to ensuring secure, affordable and sustainable energy for all EU citizens."

With no large-scale commercial natural gas production of its own, the country relies entirely on Russia for its gas needs. The Finnish government aims to diversify its own energy sector with small-scale liquefied natural gas terminals to meet maritime and domestic demand for natural gas.

Earlier this week, Russian President Vladimir Putin met with his Turkish counterpart to repair diplomatic ties strained in part by military issues related to Syria. During his meeting Tuesday, the Russian president said the Turkish Stream gas pipeline was among the major joint projects reviewed with the government in Ankara.

Russian energy company Gazprom proposed the so-called Turkish Stream gas pipeline as an alternative to a broader South Stream pipeline network meant to feed European markets. Turkish Stream was suspended amid simmering acrimony between the two countries. South Stream was abandoned because of price and energy security concerns expressed by European partners.

The Finnish gas pipeline will stretch about 100 miles and is expected to be in service by late 2019.

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
Russia sees tighter energy ties with Iran, Azerbaijan
Baku, Azerbaijan (UPI) Aug 9, 2016
Projects meant to exploit the strategic position of the Caspian Sea and its oil and natural gas are national priorities, Azerbaijan, Iran and Russia said. The Iranian and Russian presidents met with their Azeri counterpart in the nation's capital, Baku, to review trilateral relations. All three are energy rich and positioned to take advantage of opportunities in the Caspian Sea. ... read more


OIL AND GAS
Low sales prices hit Czech power giant CEZ in H1

New MIT system can identify how much power is being used by each device in a household

ORNL-led study analyzes electric grid vulnerabilities in extreme weather areas

Carbon-financed cookstove fails to deliver hoped-for benefits in the field

OIL AND GAS
A quick-destructing battery to power 'transient' devices

Chemists create vitamin-driven battery

More power to you

New catalyst for hydrogen production

OIL AND GAS
The Thai village using poop to power homes

Patented bioelectrodes have electrifying taste for waste

Novel 'repair system' discovered in algae may yield new tools for biotechnology

Biological wizardry ferments carbon monoxide into biofuel

OIL AND GAS
Thousands protest possible China-France nuclear project

Shifting from Russia, Ukraine strikes US nuclear fuel deal

China warns UK ties at 'crucial juncture' over nuclear plant

UK ties with China at risk over nuclear plant deal

OIL AND GAS
Newly discovered 'blue whirl' fire tornado burns cleaner for reduced emissions

U of T researchers reduce climate-warming CO2 to building blocks for fuels

Mountain environments more vulnerable to climate change than previously reported

Australia boosts climate science research in u-turn

OIL AND GAS
VW fined by Italy watchdog over 'dieselgate'

A car cocktail: Ford, tequila-maker mix for auto parts

NREL assesses strategies needed for light-duty vehicle greenhouse gas reduction

Chinese media question 'straddling bus' firm

OIL AND GAS
IS 'weakening' inside Iraqi city of Mosul: Pentagon

IS kills people trying to flee Iraq town: officials

Coalition planes pound IS-held Saddam palace: UK

Iraq minister accuses parliament speaker of corruption

OIL AND GAS



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement