revista presei pe energie 10 septembrie

2010/09/10

ziare.com: Conducerea Translectrica: Compania, inca in recesiune

Rezultatele Translectrica (TEL) din primul semestru au fost influentate negativ de neplata datoriilor de catre o serie de producatori si furnizori de energie.

Compania este inca in recesiune, a declarat, miercuri, directorul general al companiei, Adrian Baicusi, citat de Mediafax

“In primele sase luni, am avut un blocaj financiar in zona de energie. Legislatia nu ne-a dat posibilitatea de a bloca acei furnizori care nu isi platesc datoriile, am vorbit si cu ANRE”, a explicat Baicusi, intr-o conferinta de presa.

Evolutia pozitiva a consumului si a productiei de energie din primele sase luni nu s-a reflectat si in rezultatele Transelectrica.

“Transelectrica a fost obligata sa-si modifice comportamentul, din cauza infringementului, in partea de alocare de capacitati la granita, iar scaderea veniturilor pe aceasta parte a fost dramatica. Schimburile (de energie – n.r.) cu vecinii au fost slabe. De asemenea, pentru ca a plouat mult in regiune, tarile cu multa energie hidro, ca Albania, au importat mai putin, iar asta a dus si la scaderea preturilor”, a precizat directorul.

Operatorul national de transport al energiei este controlat de Ministerul Economiei, Comertului si Mediului de Afaceri, care detine 73,6% din titluri, in timp ce Fondul Proprietatea are 13,5% din capital.

Vocea Rusiei: Construirea Nabucco, din nou sub semnul întrebării

Construirea gazoductului Nabucco, prin care gazul din regiunea caspică trebuie să ajungă în Europa, a fost din nou amânată, cu cel puţin un an. Începerea lucrărilor a fost planificată pentru 2012, iar darea în funcţiune a traseului de 3,3 mii de kilometri este planificată pentru sfârşitul anului 2014-începutul anului 2015.

Această informaţie a fost comunicată la Bruxelles de directorul executiv al companiei „Nabucco Gas Pipeline International GmbH Managing”, Reichard Mitchek.

Principala problemă cu care se confruntă Nabucco este umplerea conductei. În pofida tuturor eforturilor întreprinse de conducerea companiei nu s-a reuşit să se convină asupra livrărilor sigure de gaz din cauza lipsei acestuia, consideră Ghennadi Şmal, preşedintele Asociaţiei Întreprinzătorilor şi Industriaşilor Ruşi.

„Într-un timp, ţara principală, care putea să livreze gaze pentru Nabucco, era Azerbaidjan. În prezent, Azerbaidjanul extrage în jur de 22.500 miliarde de metri cubi de gaz, dintre care în jur de 16 sunt pentru comerţ. Azerii trebuie să livreze gaze în Turcia şi Georgia. Există şi consumul intern. Şi chiar şi nouă ne-au promis câteva miliarde. De aceea, Azerbaidjanul nu are resurse pentru conducta Nabucco. A doua variantă a fost Turkmenistanul, care deţine resurse importante. În epoca sovietică acolo se extrăgeau peste 80 miliarde de metri cubi. În ultimul timp cantitatea este puţin mai mică. Dar turkmenii au construit un gazoduct spre China. Au construit o conductă spre Iran. Intenţionează să construiască o a doua ramificaţie spre Iran şi China. În total, 60 de miliarde pleacă în aceste direcţii. Plus 10 miliarde pe care le cumpărăm noi. Da, acolo există o serie întreagă de zăcăminte, dar ele trebuie puse în funcţiune. În acest scop este nevoie de timp”.

Mai există şi gazul iranian. Dar exploatarea sa abia începe. Iar Teheranul plănuieşte să-l livreze în Pakistan şi India. În plus, Iranul are relaţii tensionate cu SUA, care promovează Nabucco.

În lipsa clarităţii privind livrările de gaz, realizarea proiectului Nabucco este îndoielnică pentru investitori. Luni, Banca Mondială, Banca Europeană de Reconstrucţie şi Dezvoltare şi Banca Europeană de Investiţii au semnat un memorandum cu privire la posibila participare la finanţarea Nabucco cu 4 miliarde de euro, ceea ce reprezintă jumătate din costul gazoductului. Însă aceşti bani vor fi alocaţi doar în cazul în care conducerea companiei-operator va putea obţine cealaltă jumătate necesară de la business-ul privat. Însă, după toate probabilităţile, acesta nu este pregătit să rişte capitalul în condiţiile crizei economice care încă nu a fost depăşită.

Astfel, soarta Nabucco este incertă. Era şi de aşteptat, deoarece la baza proiectului se află considerente nu atât economice, cât politice, menite să slăbească poziţiile Rusiei pe piaţa europeană.

ITAR TASS: Russia, S Korea to expand cooperation in oil/gas sector — Putin

Russia and South Korea hope to develop cooperation in field of crude oil and natural gas production, Russian Prime Minister Vladimir Putin said Thursday at the talks with visiting South Korean President Lee Myung-bak.

“Korean companies are working in cooperation /with Russian companies/ in the Far East /of Russia/ as part of the Sakhalin-2 project,” Putin said.

“They get the necessary products from there and they plan boosting the purchases of resources, including liquefied natural gas,” he said.

Putin mentioned a number of instruments of bilateral interaction, like the inter-governmental commission. He added that the latter is expected to have the next session in St Petersburg later this month.

“We are satisfied on the whole with how our cooperation is developing and we’re really glad to see a South Korean delegation as authoritative as this one here in Russia,” Putin said.

Lee Myung-bak recalled that to years have passed since his previous meeting with Putin and the global financial crisis has fallen on this period of time.

He underlined his praise of the efforts that the Russian government is making to clear away the aftermath of the global crisis.

President Lee expressed concern over the wildfires that affected many regions in the European part of Russia this summer. He said however that the rapid elimination of their aftermaths produced a big impression on him.

In this connection, Putin thanked the South Korean government for assistance.

Lee also recalled that this year marks twenty years since the establishment of diplomatic relations between South Korea and the former USSR. He stressed the high rate at which they have been developing over this period of time.

Although the volume of bilateral trade shrank last year, the two countries still have fairly good prospects in the economy and politics, Lee said.

Novinite: Bulgaria’s Bulgargaz Offers Lower Gas Price for Q4

The Bulgarian state owned company “Bulgargaz” has offered a 1,36% decrease pf the price for natural gas for the fourth quarter of 2010.

The lower price for natural gas has been calculated after taking into account the quotation of alternative fuels on the Mediterranean markets, the average rate of the Bulgarian lev against the US dollar, the quantities of demanded natural gas by consumers and the recent additional negotiations with the Russian gas suppliers and the British oil and gas explorer Melrose Resources.

As a result, Bulgargaz has offered a gas price of BGN 535,10 for 1000 cubic metres, VAT excluded. Compared to the current gas price for the third quarter of 2010, which is BGN 542,50 for 1000 cubic metres, VAT excluded, the new price would be decreased by 1,36%, or BGN 7,40 less.

The proposal has been formed under the Order for regulation the natural gas price. In the meantime, Bulgargaz has not taken its income for the first half of 2010, which is more than BGN 78 M. Its restoration would lead to additional increase of thenatural gas price by BGN 92,65 for 1000cubic metres, VAT excluded.

“The media expected that the price for natural gas would increase in the winter, but it would actually decrease. It might be a 1% drop but it will go down,” said Bulgaria’s PM Boyko Borisov on Thursday.

energia.gr: Chevron CEO: Gas Prices To Remain Depressed

Chevron Corp. (CVX) believes natural gas prices will remain depressed because of excess supply and weak industrial demand, but in the longer term, prices will improve because of increased demand, mainly from electricity generation at the expense of coal, due to environmental reasons, the company’s Chief Executive John Watson told analysts from Oppenheimer & Co. in a meeting, according to a note from the bank.

centralasianewswire.com: Kazakhstan, Russia to develop northern Caspian gas field

Kazakhstan and Russia will cooperate to develop the Khvalynskoye gas condensate field in the Caspian Sea after reaching an agreement at the Seventh Russia-Kazakhstan Interregional Cooperation Forum on Tuesday.

The countries will work together to conduct geological surveys on the northern Caspian Sea field and exploit its gas condensate, the Russian news agency Itar-Tass reported. The forum, which ended Tuesday, included a meeting between Russian President Dmitry Medvedev and his Kazakh counterpart Nursultan Nazarbayev.

Russian fuel company Lukoil and Kazakh gas giant KazMunaiGas have already signed on to develop the field. The gas condensate is expected to yield 322 billion cubic meters (bcm) of natural gas, as well as 17 million tons of gas condensate and 36 million tons of oil in place, Offshore-Technology reported in July.

The agreement accelerates the project so that both countries can benefit from the profits offered by sales from the gas condensate’s products.

Because the field sits so close to Astrakhan, Russia, all fuels pumped out of the field will be transported through Russia.

Medvedev also suggested during the forum that the two countries should share technology.

Russia and Kazakhstan should “either restore or create unified technology support chains,” the Russian business news agency PRIME-TASS reported on Tuesday.

apa.az: BTC transports 3.2 million tons of oil in August

The Baku-Tbilisi-Ceyhan main export pipeline shipped 3.2 million tons of Azerbaijani oil in August, SOCAR reported. The oil transportation in January-August made up 24.8 million tons. The BTC has hauled 131.4 million tons since its commissioning.

eurasianet.org: Gasoline Shortage Gripping Uzbekistan

These days Mahsumjon Abdullaev, a taxi driver in Uzbekistan’s eastern city of Ferghana, has to wake up early every morning to join a long line of drivers who must wait hours to fill up their vehicles at a government-operated gas station. A deepening fuel shortage is abetting corruption and spreading widespread frustration across the country, according to Abdullaev.

Signs of brewing trouble first appeared in the spring when a Tashkent court froze the assets of Zeromax Gmbh, a Swiss-registered conglomerate that operated a chain of gas stations in Uzbekistan. [For background see EurasiaNet’s archives].

By July, fuel shortages were being reported across the Central Asian nation, making long lines at gas stations a daily reality.

Apart from being one of the top 15 natural gas producers in the world, Uzbekistan also possesses substantial oil reserves. But Uzbekistan has inadequate infrastructure to pump and refine the crude. Observers say that Uzbekistan’s three major oil refineries operate only at a fraction of their capacity because they have not been upgraded since the Soviet era. Uzbekneftegaz, the state oil-and-gas entity, has been tasked with upgrading refineries, but inadequate government financing has reportedly undermined the company’s efforts to implement the task, observers say.

Officials in Tashkent have not commented on the fuel crisis, and local authorities in Ferghana refuse to acknowledge problems with supply. However, on July 1 authorities hiked gasoline prices by roughly 15 percent, offering a tacit admission that there is a problem. Then, on July 13, President Islam Karimov fired the two most senior officials responsible for the country’s energy sector. While no official reason was provided for the personnel reshuffle, observers who spoke to EurasiaNet.org on condition of anonymity linked it to the ongoing fuel shortages, suggesting the officials had been dismissed for failing to upgrade Uzbekneftegaz refineries.

In the absence of an official explanation, local residents are coming up with their own theories. One popular notion is that the shortages are connected to Uzbekistan’s clan politics, with several factions battling to gain control of Zeromax’s former assets, including its fuel supply business. Another hypothesis is linked to geopolitics: after Kazakhstan and Russia formed a Customs Union in early July, the two countries are somehow trying to manipulate supplies to gain leverage over Uzbekistan. [For background see EurasiaNet’s archive].

Supply and demand may also be a factor, several Tashkent-based businessmen told EurasiaNet.org. They say the state does not have enough capacity to produce enough gasoline to meet the needs of the country’s rapidly growing population, which is now over 26 million. At the same time, the entrepreneurs add, the government is reluctant to ease its rigid control over the industry.

“We need to import fuel from Russia and Kazakhstan. But our leaders are unwilling to do so because they think we have enough fuel and that we have to be self-sufficient. But the reality is that we don’t have enough to meet our needs,” said Narimjan, a local businessman who only provided his first name for fear of government retribution.

Regardless of the cause, the shortage is having a broad impact on society. According to Abdullaev in Ferghana, the gasoline shortage has created a thriving black market. The government decree on July 1 set gasoline prices at 1,200 sum (or 74 cents, according to the official exchange rate) per liter. But on the black market, petrol prices per liter range from 2,500 to 3,000 sum ($1.55 to $1.86 at the official rate). “This is ridiculous. An average salary in Ferghana is less than $50 dollars a month,” Abdullaev says.

The gasoline shortage is also fuelling corruption, with gas vendors selling subsidized petrol at the black market price and keeping the difference, according to Nodir, a Tashkent entrepreneur with links to petrol distributors.

“People and enterprises that are well-connected are still managing to buy their desired quantities of petrol at government prices. This naturally causes anger among those who don’t have such connections,” Nodir said.

Long lines at gas stations have also caused sporadic fights, the news website Uzmetronom.com reported in mid-July. Nodir said that complaints have even attracted the attention of the Uzbek National Security Service.

Though many are seething, they are not about to make their views public. “People are afraid of the government’s security forces,” Abdullaev said. Rather than protest, some Uzbeks are trying to find alternate solutions. A few are reportedly smuggling fuel from energy-rich neighboring countries, including Kazakhstan and Turkmenistan. In addition, a growing number of drivers are installing technology that allows car engines to run on natural gas rather than gasoline.

The switch may not provide much relief, however. “It cost me about $1,500 to switch to natural gas a few months ago. I heard recently that because of the high demand [for natural gas engines] the price has gone up to $2000,” said a man from Bukhara.

businesseurope.eu: EU and Russia jostle for gas

The tussle between Brussels and Moscow over control of piped natural gas to Europe is reaching a head, as the EU-backed Nabucco gas pipeline project received a boost from international lenders on September 6, while a few days earlier Russia moved to tie up supplies of gas that would feed that pipeline.

Russian President Dmitriy Medvedev may be saying in public that the Kremlin isn’t trying to “hinder any projects” that are alternatives to Russia’s giant South Stream and Nord Stream gas pipelines, but the gas deal signed during his visit to Azerbaijan on September 3 appears to be designed to do just that.

Gazprom formally signed an agreement with Azeri state-owned oil and gas firm Socar to buy 2bn cubic metres per year (cm/y) of its gas from next year, double the 1bn cm/y originally agreed last year. As Pavel Sorokin, senior analyst at Alfa Bank, notes, these volumes are pretty small in the scheme of things, but when phase two of the giant BP-led Shah Deniz gasfield is launched around 2016 or 2017, “it may produce as much as 16bn-25bcm per annum.” Indeed, Gazprom CEO Alexei Miller told reporters that the agreement has no upper supply limits, with the Russian firm ready to buy “as much gas as Azerbaijan can supply.”

Given that it costs more for Gazprom to import Azeri gas than for the Russian firm to produce its own gas at home, analysts say this deal is almost certainly part of efforts by the Kremlin to kill off the EU’s Nabucco pipeline, which is relying on gas from phase two of Shah Deniz to help fill its massive 31bn cm/y capacity.

Stranglehold

Nabucco is designed to break Russia’s stranglehold on gas exports to Europe by importing gas from the Caspian basin and Middle East without crossing Russian soil. The problem for the consortium building the estimated €8bn project – which includes OMV, Germany’s RWE, Hungary’s Mol, Romania’s Transgaz, Bulgaria’s Bulgargaz and Turkey’s Botas – has always been where it would get the gas from. With supplies from Turkmenistan, Iran and Iraq still far off for various reasons, OMV has always hoped the next phase of the Shah Deniz gasfield could supply up to 15bn cm/y to the pipeline. (The field has estimated reserves of around 1.2 trillion cm and should produce 7.6bn cm this year, up from 6.2bn cm last year.) However, with Azerbaijan committing supplies to Turkey and other pipeline projects such as the Trans-Adriatic Pipeline looking to source gas from the field, some experts say the most Nabucco could expect to get would be just 8bn-10bn cm/y.

“The lack of a ceiling on the [Gazprom-Socar] supply contract is meant to tempt Socar and the Azerbaijani government to ship future gas production from the phase two development of the Shah Deniz field to Russia, which would effectively kill off the European Union-supported Nabucco gas pipeline project,” Andrew Neff of the consultancy Global Insight says in a research note.

Such factors will certainly be taken into account by multilateral lenders when they carry out the due diligence for loans that are crucial for financing the project, the process to start which was agreed on September 6 between the Nabucco consortium and the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank’s International Finance Corporation.

The three lenders said the loans could total as much as €4bn; the potential financing package will consist of up to €2bn from the EIB, up to €1.2bn from the EBRD and up to around €800m from the IFC.

“The involvement of the three [international financial institutions] is a demonstration of global and European support for the project and represents an important milestone in ensuring the overall financing of Nabucco,” the consortium said in a statement, adding that export credit agencies and international banks would start their appraisal of the Nabucco project soon after the IFIs, with commitments from potential lenders expected to be sought in 2011.

upstreamonline.com: Hungary targets MOL buy-back

Hungary’s government has begun talks with Russia’s Surgutneftegaz about the 21.2% stake Surgut holds in Hungarian oil and gas group MOL, the Hungarian Development Ministry said today.

“The Hungarian government is committed to strongly asserting the national interest in every strategic area – and the government considers the energy sector a key area in this respect,” Reuters quoted a government statement saying.

“In this spirit, it has begun talks with Russia’s Surgutneftegaz about the 21.2% stake it holds in MOL.”

The ministry said Russia and Hungary aimed to find a “reassuring solution” to the issue as soon as possible.

upstreamonline.com: GDF Suez takes Dovregubben bite

Norwegian player Det Norske Oljeselskap is poised to sell a 5% slice of PL 468 to French outfit GDF Suez.

PL 468, which hosts the Dovregubben prospect, lies due east of the Ormen Lange gas field. Det Norske is operator of the licence.

The semi-submersible drilling rig Aker Barents is lined up to drill an exploration well on Dovregubben. The spud date has not yet been decided but it is understood it is likely to be in the new year.

A GDF Suez spokesman declined to give further details of the deal. He added that the farm-in is in line with the company’s growth strategy on the Norwegian continental shelf.

Tags: , , , , , , ,

Comments are closed.

September 2017
M T W T F S S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930  

Site Metter