Ukraine gas transit down 25% in 2021, flows to Romania resumed at low speed
As Gazprom resumed transit towards Romania via Republic of Moldova and Ukraine, flows are still weak and reflect a poor…
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Import-Export
Europe’s gas shortage led to a record level of US LNG exports
Extremely high demand in Europe led to a record increase in US exports of liquefied natural gas (LNG) in December,…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…
Gazprom has sued the EU for violating the Energy Charter Treaty
The European Commission strongly disputes that the EU Gas Directive infringed any provision of the Energy Charter Treaty, as Nord…
US becomes the world’s largest exporter of LNG
For the first time in history, the United States became the world’s largest exporter of liquefied gas last month, as…
European gas price up 30% amidst limited Gazprom supply
European natural gas benchmark prices rose by more than 30% on Tuesday as limited deliveries from Russia raised concerns about…
OPEC: Global oil demand will return to pre-pandemic levels in 2022
The elected secretary general of the Organization of the Petroleum Exporting States said on Monday that global oil demand should…
OPEC and Russia decide on Tuesday whether to increase oil supply
Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers decide on Tuesday whether to increase their supply…
Republic of Moldova will buy Russian gas at a higher price
In January 2022, the Republic of Moldova could buy natural gas from Russia at an even higher price. The statement…
Aleksandr Novak: Russia will resume gas transit through Ukraine in 2024
Russia could transport gas again through Ukraine after 2024 if favorable economic conditions exist and the Ukrainian network is in…
Gas prices continue their downward trend in Europe
The reference price for natural gas in Europe continued to fall on Tuesday, recording the longest period of decline in…
Romania’s crude oil imports fell 0.9% in the first ten months of 2021
Romania imported, in the first ten months of 2021, a quantity of crude oil of over 5.513 million tons of…
Gas imports increased by more than 68% in the first ten months
Romania imported, in the first ten months of 2021, a quantity of usable natural gas of 2.283 million tons of…
Putin: Russia is not to blame for high gas prices in Europe
Russian President Vladimir Putin said on Thursday that it was unfair for Moscow to be blamed for record prices for…
European gas prices fell sharply after Russia reserved new capacity
Reference prices for natural gas in Europe fell on Friday, after Russia reserved, at the last minute, new capacity to…
Nord Stream 2 will not be licensed until mid-2022
No decision on the authorization of the Nord Stream 2 gas pipeline is expected before mid-2022, the German energy regulator…
EU will allow joint purchases of natural gas
European Commission on Wednesday proposed a set of rules that would allow EU member states to jointly buy strategic natural…
Europe wants to end Russia’s long-term gas supply contracts
The European Union intends to take a strong stance to end long-term gas import contracts, as part of its green…
Natural gas and fuel have become the most expensive in the last year
Natural gas and edible oil prices have risen the most in the last year, while the only reduction has been…
Natalia Gavriliță: Interconnection with Romania until 2024, an absolute priority
Romania delivered gas to Moldova in October, before signing a new agreement with Gazprom, helping the neighboring country maintain deliveries,…
OMV Petrom doesn’t foresee any issues with gas supply for this winter
OMV Petrom doesn’t foresee any issues with gas supply for this winter The Romanian market will have enough gas to…
Omicron variant contributes to lowering the price of oil
Crude oil prices fell by 15% in a single session, with investors anticipating new restrictions with the advent of the…
Gazprom is in no hurry to get approvals for Nord Stream 2, in the context of high gas prices
Gazprom’s record profit in the third quarter of this year due to high gas prices on the European market means…