Mumbai, June 27, 2007 : European Union is dependent on natural gas which is currently supplied by  Russia’s Gazprom. Russian gas accounts for more than 80% of total gas imports in Greece, 67% of the Czech Republic, 65% of Hungary, more than 60% of Poland. Note that with the exception of Greece, all the other countries are new members of the EU. Therefore, with the entry of these States in the Union the dependence on Russian gas has grown. The implications of this put forth the question of  supply and transit routes of natural gas in the limelight . The South East Europe has a chance of becoming  a major hub of gas transit from Middle East, Central Asia and the Caspian region en route to EU consumers. The chalking out of transit routes and their control becomes a crucial factor and a very delicate matter for the south east European countries right  from Italy to Iran and Austria to Egypt. With these vested interests countries like Turkey and Turkmenistan are showing keen interest in developing pipelines and strengthening their position in the European Union.

 Bharat Book Bureau ( www.bharatbook.com  )a leading market information aggregator presents a report "South Eastern Europe in the Big Eurasian Gas Game: New Supply and Transit Challenges"  (http://www.bharatbook.com/detail.asp?id=29008) which  examines the current situation of the industry and the transit routes which will boost the country’s economy by attracting foreign investment for development of gas fields and transportation infrastructure.

The report "South Eastern Europe in the Big Eurasian Gas Game: New Supply and Transit Challenges" puts forth the current state of affairs and the structural changes in the natural gas demand of SEE. The quantum of natural gas exports, key transportation projects being planned and executed in the SEE region, the Nabucco project as catalyst and driver of developments and changes on the SEE gas market, Gazprom's plans for the region to combat competition challenges,  growing impact of Turkey as a key transit country and developments of other gas transportation projects also have been explained in detail. This report provides vital details along with facts and figures for gas producing companies, gas transportation companies, power generation, service and equipment suppliers, financiers of the industry, consultants as well as government institutions.

About Bharat Book Bureau:

Bharat Book Bureau, leading information aggregator based in India, facilitates and supports the business information needs by providing relevant information on oil and gas  industry published by global agencies on Petroleum, Oil & gas, Pipelines, Offshore  etc. including country info, technical and management subjects, both in print and electronic format. These include reports ,newsletters, country and company profile and online databases.

Kindly visit the following url : http://www.bharatbook.com/detail.asp?id=29008 to order a copy of the report.

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