Subscribe to our free daily newsletters
  Energy News  




Subscribe to our free daily newsletters



ENERGY TECH
Gazprom wants to speed up Sakhalin-3

disclaimer: image is for illustration purposes only
by Staff Writers
Moscow (UPI) May 3, 2011
Russian energy giant Gazprom plans to speed up drilling at the Sakhalin-3 project to move natural gas quicker to Asia, a company official has said.

"We are going to drill the first production well this year in the Kirinsky field and next year we are going to be able to supply the gas into the pipeline system," Vsevolod Cherepanov, Gazprom's head of gas Russia, told the Dow Jones Newswires on Monday.

Sakhalin-3 sits off Russia's Pacific Coast. An estimated 2.25 billion barrels of oil and 1.7 trillion cubic feet of natural gas locked in the Sakhalin region. Most of it is in the Kirinsky that was initially scheduled to start producing gas in 2014.

Operations have been sped up to have the block producing by 2012, in a bid to feed gas into a new pipeline, currently under construction, from Sakhalin via Khabarovsk to Vladivostok, Cherepanov said. That same year, the Asia-Pacific Economic Cooperation summit is held and could open new market possibilities for Russian gas sold to Asia.

A 9-magnitude earthquake and tsunami March 11 resulted in a fallout at the crippled the nuclear power infrastructure in northern Japan, creating an energy deficit in the island nation.

With Japan expected to reduce its reliance on nuclear power following the crisis at the Fukushima Dai-Ichi plant, the region's demand for natural gas is to increase significantly.

A group of companies led by Gazprom are already selling LNG to Asian-Pacific markets from the Sakhalin-2 project, with talks under way to boost shipments to Japan, a Gazprom official told Britain's Daily Telegraph last month.

Cherepanov told Dow Jones that Japanese companies are in discussions with Gazprom to ship some of the hydrocarbons from Sakhalin-3 via liquefied natural gas tankers to Japan, which already is the world's largest importer of LNG.

China is another potential customer for the Sakhalin-3 project, Gazprom's attempt to diversify its export structure away from Europe as the continent tries to become less dependent on Russia and boosts its domestic renewable energy industry.

At the same time, Europe might want more gas in the mid-term future to make up for reactors that go offline. Germany is considering shutting its plant park down earlier than planned.

The recent developments place Russia in a better negotiating position with Europe.

Ever since a row over gas prices with Ukraine in 2006, the Kremlin has been accused of using its energy reserves as a political pressure tool.

The lack of trust has resulted in energy security conflicts, with Europe voicing its desire to import from alternative suppliers in Central Asia, and Russia threatening to supply Asia's emerging economies instead.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Powering The World in the 21st Century at Energy-Daily.com



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


ENERGY TECH
GCC rejects Iran claim, says 'Gulf is Arab'
Abu Dhabi (AFP) May 3, 2011
Interior ministers of the six-nation Gulf Cooperation Council on Tuesday denounced Iranian claims and said the Gulf did not exclusively belong to the Islamic state. "The Gulf is Arab and it will remain as it is," the ministers said in a statement after a meeting in Abu Dhabi, the capital of the United Arab Emirates. The GCC ministers said remarks by an Iranian official Saturday were "pro ... read more







ENERGY TECH
China facing electricity shortages

Australians turning off carbon tax: poll

California Signs New Renewable Portfolio Standard into Law

China Energy Consumption Will Stabilize

ENERGY TECH
China to increase maritime surveillance

BP fined $25 million over Alaska oil spill

FuelCell Energy To Develop Clean-Coal Fuel Cell Power Plant

Study helps explain behavior of latest high-temp superconductors

ENERGY TECH
Global warming won't harm wind energy production, climate models predict

Study: Warming won't lessen wind energy

Mortenson Construction to Build its 100th Wind Project

Germany opens offshore wind farm

ENERGY TECH
Constellation Energy To Acquire 30 MW Solar Installation in Sacramento

Solar power, with a side of hot running water

Rice University parlays sun's saving grace into autoclave

SunBorne and Suntech Partner for 100MW of Solar Projects in India

ENERGY TECH
Slovakia puts off new Jaslovske nuclear unit till 2025

France denies reactor programme halted

Police arrest five men near British nuclear plant

EU nuclear plant stress tests to start in June: Hungary

ENERGY TECH
Formidable fungal force counters biofuel plant pathogens

Interjet and Airbus Conduct First Biofuel Flight in the Country

BioJet and Abundant Biofuels Agree to Merge

Food vs fuel: the debate is over

ENERGY TECH
China sees smooth preparation for launch of unmanned module

China to attempt first space rendezvous

Countdown begins for Chineses space station program

Asia's star ever brighter in space

ENERGY TECH
The case for climate change

Water currents of South Africa could stabilize climate in Europe

No binding climate deal at Durban, warn US, EU

Texas drought could extend for months


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal 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. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement