Sunday

28th Aug 2016

Ticker

Norweigan gas cannot replace Gazprom, warns Statoil boss

Norway's Statoil could increase supplies to the EU but not completely replace Russian gas, the company's CEO Helge Lund said Tuesday after Russia cut supplies to Ukraine following a price dispute, Reuters reports. Statoil's 14 percent market share makes it the second largest supplier of natural gas to Europe.

News in Brief

  1. Hungary plans to reinforce border fence against migrants
  2. France's highest court suspends burkini ban
  3. Greeks paid €1bn more in taxes in June
  4. Greek minister denounces EU letter on former statistics chief
  5. Turks seeking asylum in Greece may cause diplomatic row
  6. Merkel becomes digital resident of Estonia
  7. Report: VW will compensate US dealers with €1bln
  8. EU mulls making Google pay news media for content

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