It appears that Herr Schaeuble will be left in the cold as following comments from the Greek energy minister that a deal is coming "soon," it is being reported that: *RUSSIA MAY SIGN GAS LINK ACCORD W/ GREECE TODAY: ROSSIYA 24 According to Gazprom's CEO comments on Greek TV, following his meeting with Greek PM Tsipras, Russia will guarantee 47BCM/YR of gas via Greece with the link to be[...]
Russia’s Gazprom Buys Europe’s Biggest Gas Storage Facility – Western Alliance Breaking Apart? Petro Dollar in Peril?
Russia will acquire Europe's largest underground gas storage facility this autumn from Germany’s BASF, continuing the development of its Nord Stream operations. In return, the Germans will get access to large gas reserves in Western Siberia. Gazprom and the Wintersall subsidiary of German chemical company BASF are putting the final touches to the asset swap, which will see Gazprom getting the[...]