Gazprom (OTC: OGZPY) Trans-Europe Pipeline Barrels Through Serbia
Over the Weekend, Serbia welded its ceremonial first joint into Gazprom’s trans-European gas transmission system known as the South Stream Pipeline. Gazprom says Serbia is strategically important in the development of a gas transmission network that covers most of Europe, and that it should decrease transit risks facing the Russian gas supply. The next country to join into the pipeline will be Hungary on Serbia’s northern border.
U.S. Natural Gas Export Opportunities
Mexican gas company Pemex is having a rough time keeping up with gas demands. Even though the country is sitting on hundreds of trillions of cubic feet of shale gas, Mexico relies on its conventional gas reserves for fuel. The shale gas boom in the United States is a perfect solution to Mexico’s energy demands, find out how this could mean big bucks for you!