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TAP to Ensure More Sustainable Energy Future for Europe

TAP to Ensure More Sustainable Energy Future for Europe

The Trans Adriatic Pipeline (TAP) project, which envisages delivery of Azerbaijani gas to Europe, will ensure a more sustainable energy future for this continent, said the country manager of TAP AG consortium for Greece Rikard Scoufias. He pointed out South-Eastern Europe is a region that could benefit most from the …

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Low Chances for Iran, Israeli Gas to Reach Europe – Expert

Low Chances for Iran, Israeli Gas to Reach Europe - Expert

The chances of Iranian and Israeli gas to reach European market are not good, Charles Ellinas, CEO of Cyprus-based energy consultancy e-CNHC believes. “Gas prices in Europe are too low to make such prospects commercially viable,” Ellinas, who is also a nonresident senior fellow with the Atlantic Council and has …

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Macedonia Reiterates Interest in Joining TAP

Macedonia Reiterates Interest in Joining TAP

The Republic of Macedonia is very interested in connecting with the Trans Adriatic Pipeline (TAP) project, CEO of Macedonian Energy Resources Skopje company Krste Miladinov told Trend. “Regarding the connection to TAP, a request was sent to TAP AG Greece, but no final response has been received so far,” he …

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Building on Seventy Years of Success

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The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) marks its 70th anniversary this year. This is a rare opportunity for the oldest and largest of the United Nations regional commissions to take stock of past achievements, but also to spotlight where efforts need to be …

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Enagas Committed to TAP as Key Infrastructure for Europe

TAP pipeline

The Trans Adriatic Pipeline (TAP) project will mean a more sustainable supply of energy, in line with the European Union’s objectives, a source in Spain’s Enagas company, which is one of the project’s shareholders, told Trend. “Enagas is committed to the TAP project as a key infrastructure for Europe,” said …

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Bitcoin Crosses $1,800 For the First Time

Golden Bitcoins (digital virtual money)

Bitcoin surpassed $1,800 on Thursday to a fresh record high, rising more than $100 in just two days, driven by comments from policy makers and positive noises around the future of the cryptocurrency. The price of the digital currency was trading at around $1,824 by early morning in London, according …

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Kazakhstan Keen to Increase oil Transportation Through Azerbaijan

Kazakhstan Keen to Increase oil Transportation Through Azerbaijan

Kazakh national oil transportation company KazTransOil is conducting work to increase oil transportation through Azerbaijan via railway for further loading of the Batumi oil terminal on the Black Sea coast of Georgia, Kazakhstan’s Energy Ministry told Trend. The Batumi oil terminal is fully owned by KazTransOil. According to the ministry, …

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Macron Victory in France Sends Euro to 6-month High

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The euro notched up its highest level in six months after centrist reformer Emmanuel Macron won the French presidential election on Sunday, neutralizing the biggest political challenge to the currency in its 18-year history. His far right opponent, Marine Le Pen, had threatened to scrap the euro and reintroduce France’s …

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