Plans for use of natural gas in transport to include Greece

By Chryssa Liaggou

Major firms, including Qatar Petroleum and Gazprom, appear to be interested in creating the infrastructure to supply liquefied natural gas to ships in Piraeus. Meanwhile, the global natural gas industry is saying that natural gas as a fuel for transport could be made available at a price of just 50 percent of that paid for gasoline and 70 percent that for diesel.

Russia, Ukraine Reach Temporary Gas Debt Agreement

Ukraine could transfer USD 2 B to Russia as early as Thursday after the two countries reached a temporary deal on part of Kiev's gas debts.

Under the new agreement, Ukraine is to pay this week most of what it owes for gas supplies between November 2013 and May 2014, as Russia's Economy Minister Aleksander Novak was qoted by Forbes Russia as saying.