AEI: Security of natural gas supply significantly improved in 2023
The security of natural gas supply improved significantly in 2023, and the EU is on track to meet the REPowerEU…
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Szijjarto: Pressure to give up Russian gas means blowing up our gas supply
The pressure to give up Russian gas means, simply, to blow up Hungary’s gas supply, because due to our infrastructure…
European traders store gas in Ukraine in spite of risk posed by the war
European gas traders have started storing natural gas in Ukraine, taking advantage of low prices and available capacity there, regardless…
Kadri Simson asks companies to stop signing contracts for Russian liquefied gas
European Union countries and companies should no longer sign new contracts for the purchase of Russian liquefied natural gas, in…
Russian gas exports down 25%, oil up 7.6% in 2022
Russian natural gas exports fell by 25.1% in 2022, affected by international sanctions, and the decline was only partially offset…
Kyuchyuk: Europe has proven that it can do very well without Russian gas
Europe has proven that it can manage without Russian gas and can come out of this crisis in a very…
RWE will keep two lignite plants in operation until March 2024
German utility group RWE will bring the closure of its coal-fired plants up to eight years earlier, but at the…
Bulgaria holds LNG tenders in the absence of progress in talks with Gazprom
The gas distribution company Bulgargaz will launch three tenders for liquefied natural gas on Tuesday, with the idea of avoiding…
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,…
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…
Foren 2022: If we want to give up Russian gas in 2027, we have to make decisions now!
Romania must make decisions now if it wants to give up Russian gas by 2027, in order to secure its…
Germany moves in state reserve coal units, lowers gas use
To counteract future gas supply shortages, the government cabinet has decided on new regulations for the provision of backup power…
Poland could build new floating liquefied gas terminal due to interest from Czech Republic and Slovakia
Poland could build a second floating storage and regasification terminal (FSRU) near a similar facility that is currently being planned…
BMW cuts its dependence on natural gas and warns that a ban on Russian gas imports will block the industry
Bayerische Motoren Werke (BMW) is exploring new investments in solar, geothermal and hydrogen energy, production director Milan Nedeljkovic said on…
Poland ended Russian gas supply agreement following the ruble payment dispute
Warsaw authorities announced on Monday that they have terminated the agreement with Russia on the supply of natural gas through…
Gas prices in Europe continue to fall following the Commission’s clarifications on the payment of Russian gas
Reference prices for natural gas in Europe continued to fall on Tuesday, after the European Commission clarified how EU companies…
Catherine MacGregor: Engie will pay in euro for Russian gas
Engie will pay Gazprom in euro for Russian gas, CEO Catherine MacGregor announced on Tuesday, Reuters reports. “We’ll pay in…
Cutting off Russian gas exports will significantly affect the economies of the EBRD region
A sharp halt in Russian gas exports could cause a recession in the economies of emerging Europe, Central Asia and…
Engie calls on the EU for clear instructions on the payment of Russian gas
French utility Engie is still paying in euro for Russian gas, according to its contracts, and hopes to receive clear…
Romania imported 3% less Russian gas in 2020
The Russian group Gazprom exported to Romania last year a quantity of 962 million cubic meters (mcm) of natural gas,…
Berlin is under increasing pressure to pull the plug on Nord Stream 2
Nord Stream 2 is a gas pipeline that would allow Germany to effectively double the amount of gas it imports…
OMV and Gazprom “lay the pipe” for South Stream
Gazprom’s Chairman, Alexei Miller, and his counterpart from OMV, Gerhard Roiss, signed Tuesday the agreement to establish a joint company…