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2030 Energy Security | Brussels | Dec 10th
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Conversion Factor Puzzle of Gazprom

Reports and contracts of Gazprom have different standards of natural gas heat content. A cubic meter of Russian gas in Ukrainian contract differs from one of Gazprom report making the prices per thousand cubic meters (mcm) incomparable. To compare the prices, one needs to apply correct conversion factors.

Mixed Q3 Results for Service Companies

France-based Technip reported a year-on-year 16.2% increase in revenues in the third quarter of the year, and weaker EBITDA results. The EBITDA margin decreased from 11.6% in the third quarter of 2013 to 10.8% in the third quarter of 2014. The company’s revenues for the third quarter totalled €2.

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