Rwe Exit Deals Blow To European Gas Pipeline

RWE said it intends to sell its stake in the proposed Nabucco natural-gas pipeline, casting fresh doubt over one of Europe's signature efforts to reduce Russia's dominance of its energy supplies.

Topics:  nabucco   europe   russia   rwe   gas pipeline   
BING NEWS:
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    Russia, Norway and the EU would each account for about a third of the gas which is to be sold based on European wholesale prices including delivery costs, RWE said. Polish pipeline operator Gaz-System said the reverse flow at Hermanowice amounted to 4 ...
    04/14/2014 - 11:58 pm | View Link
  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
    FRANKFURT, June 27 (Reuters) - Russian gas export monopoly Gazprom's efforts to keep a link between the price it sells gas and costlier oil were dealt a blow ... from European clients who say they have lost billions of dollars on long-term supply deals ...
    06/27/2013 - 5:54 am | View Link
  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
    FRANKFURT, June 27 (Reuters) - Russian gas export monopoly Gazprom's efforts to keep a link between the price it sells gas and costlier oil were dealt a blow ... from European clients who say they have lost billions of dollars on long-term supply deals ...
    06/27/2013 - 5:54 am | View Link
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    LONDON/FRANKFURT (Reuters) - Germany's leading utilities, badly positioned in the upstream gas market and tied into long-term gas deals ... exit. For both E.ON and RWE revenue margins from coal-fired power generation are also low because European power ...
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