PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Europe Looks at Iran to Secure LNG Supplies in the Region - Europe eyes Iran to ensure that it has adequate supplies of LNG, so that the region can meet its growing energy needs in future
Europe Looks at Iran to Secure LNG Supplies in the Region

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/05/02 - Europe eyes Iran to ensure that it has adequate supplies of LNG, so that the region can meet its growing energy needs in future.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Europe must secure LNG (Liquefied Natural Gas) supplies from Iran, if it wants to corroborate its energy security in future. However, political tensions hovering between Iran and rest of the world are making it almost impracticable.

"There are a lot of other producers (in the Middle East), but all are more or less covered by projects already agreed upon," said Dieter Pfaff, senior VP for Gas Supply Policy Division of E.ON Ruhrgas - German gas supplier. E.ON Ruhrgas is a unit of E.ON AG. MarketWatch published Pfaff’s statement on March 15, 2007.

Iran enjoys 15% of proven recoverable gas reserves in the world - 2nd largest in the world, next only to Russia. However, the country still has not developed an LNG industry, hence a potential key supplier for LNG companies.

"There is a tight supply market for those who want to get LNG supply for 2010 onwards," said Pfaff. There’re merely three suppliers, namely Algeria, Russia, and Norway, near to Europe that can produce additional volumes. This implies that Europe ought to rely on other nations for securing supplies of LNG to meet its energy demand. Therefore, a largely unexploited supplier such as Iran is indispensable for the region.

Pfaff further added, ensuring stable rapport between the producers of LNG and countries that rely on its import is of utmost importance - laying the foundation of this long-term contract. "Long-term contracts are a key element for making investment possible," and will remain the backbone of energy security for Europe.

According to RNCOS report “European LNG Market Analysis”, “With restricted reserves of gas except Russia, LNG imports have become imperative to maintain gas supplies in the European region. Spain remained the largest importer of liquefied natural gas in 2005, followed by France. It’s expected that the demand for LNG in Europe will touch a mark of 79-98 Million Tons by 2020.”

This research report on “European LNG Market Analysis” helps clients in analyzing the opportunities critical to the growth of the LNG Industry in Europe. Key issues and facts analyzed in this report include: opportunity areas for the players in LNG industry and challenges they will face in future to survive in the European LNG industry, factors leading to success in European LNG Industry, LNG Infrastructure developments in European LNG industry, etc.

About RNCOS E-Services Pvt Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Europe Looks at Iran to Secure LNG Supplies in the Region

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Energy Most Recent Related Newswires:

Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London
Boost in Genset Manufacturing Activity to Resolve Power Challenges in the Southern African Region Finds Frost & Sullivan
ENGIE to Become Worldwide Leader of Independent District Cooling by Acquiring A 40% Stake in Tabreed from Mubadala
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyze Growth, finds Frost & Sullivan
GE Introduces Rugged, Resilient Power Supply for Industrial Applications
Energy Technology Developers Focus on Sustainability and Efficiency to Stay Relevant in a Changing Market Finds Frost & Sullivan
Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Enel Green Power Acquires Two Wind Farms in Campania from Amec Foster Wheeler
Enel and Rosseti Sign MoU for Cooperation in Innovative Smart Grid Solutions
World’s Largest Floating Photovoltaic Power Plant Test-bed Features ABB Technology
Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet
GNF3 Fuel Product Completes U.S. NRC Approved Process for New Fuel Product Introductions

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Persistence Market Research (P) Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)