Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
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Import-Export
Reference prices for natural gas in Europe are rising, after the halt of deliveries via Nord Stream
Reference prices for natural gas in Europe rose on Wednesday, after Gazprom stopped gas deliveries to Germany through the Nord…
Gazprom suspends gas deliveries via Nord Stream between August 31 and September 3
Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and…
Germany: Only companies that need financial help will benefit from the new subsidy
Germany wants to ensure that only companies that need financial help, in the context of the effects of the war…
A Japanese company will continue to import gas from the Sakhalin field
The largest energy generation company in Japan, Jera, signed an agreement with the new operator of the Russian field Sakhalin-2,…
Natural gas prices continue to rise in Europe, also locally
Benchmark natural gas prices in Europe are heading for their longest streak of weekly increases this year, intensifying pressure on…
Croatia invests 180 mln. euro to increase gas capacities
Croatia will invest 180 million euros ($182.32 million) to build a new gas pipeline and significantly increase the capacity of…
Gas imports fell by 17.1% in the first 6 months of 2022; production decreased by 5.5%
Romania imported, in the first semester of 2022, a quantity of usable natural gas of 1.067 million tons of oil…
MOL paid the money owed by Russia to Ukraine for the resumption of deliveries through Drujba
The MOL Group announced on Wednesday that it has paid the transit tariffs owed by Russia to Ukraine, to resolve…
Russian oil supply to Europe via Ukraine, interrupted
Ukraine has suspended deliveries of Russian oil to three European countries, starting on August 4, when, due to Western sanctions,…
Economy Minister: Part of the industry has already reduced gas consumption for market reasons
Part of the Romanian industry, such as the metallurgical one, has reduced gas consumption against the backdrop of the decrease…
PSD supports the temporary regulation of energy prices
Rising gas prices are rekindling talk of at least a temporary return to regulated rates. The Minister of Public Finance…
EU GDP will fall by 1% if Russia cuts off gas and no timely action is taken
The European Commission estimated on Tuesday that the European Union’s Gross Domestic Product will fall by 0.6% – 1% if…
EC proposes a cut in gas use in the EU by 15% by next spring
As the EU faces the risk of further disruptions to Russia’s gas supplies, the European Commission on Wednesday proposed a…
INS: Natural gas distribution network expanded by 4.3% in 2021
The length of the natural gas distribution network was of 45,444.9 km in 2021, up 4.3%, according to data released…
IMF: Ending Russian gas supplies would cause a severe recession in Europe
The cessation of Russian gas supplies would cause a severe recession in Eastern Europe and Italy, if countries around the…
AEI: Romania has reached a level of gas deposit loading of 47%
Romania benefits from imported gas nowadays and has reached a level of gas deposits loading of 47%, it is shown…
France’s industry moves to oil out of fear of a Russian gas cutoff
France’s energy-serious industry is accelerating alternate courses of action and changing their gas boilers over completely to run on oil…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
Energy exports brought Russia’s current account surplus to a record value in Q2
Russia’s current account surplus hit a record high of $70.1 billion in the second quarter, as explosive growth in energy…
Azeri gas exports to Europe will reach 10 bln. cm in 2022
Azerbaijan’s gas exports to Europe will exceed 10 billion cubic meters this year, Azerbaijani Energy Minister Parviz Shahbazov announced on…
Russian natural gas substitution – scenarios proposed by FEL Romania
The escalation of the Russian-Ukrainian conflict has amplified the effects of the energy crisis and calls for a rethinking of…
NGOs call for demolishing Nord Stream 2 to avoid environmental damages
Environmental NGOs warn that leaving the unused Nord Stream 2 pipeline at the bottom of the Baltic Sea could cause…