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According to journalists, prices are rising after falling by 30% since the beginning of the year, as traders focus on factors that will affect the replenishment of storage facilities ahead of next winter. Natural gas prices in Europe continue to rise for the fourth day in a row. This is due to the restriction of […]
Icon of the Seas, the world’s largest cruise ship, is embarking on its maiden voyage from Miami. However, environmentalists warn that the huge vessel will emit large amounts of methane because it runs on liquefied natural gas. This was reported by the BBC. The liner will embark on a seven-day trip to the islands in […]
Despite the risks posed by a full-scale war, European gas traders have started storing natural gas in Ukraine to take advantage of lower prices and available capacity Reuters reports this with reference to three traders and company representatives. The agency notes that after the start of Russia’s full-scale invasion of Ukraine, the EU sought to […]
After the Russian invasion, traders who are not typical for the European gas market became more active. De facto, these are companies affiliated with the Russian Federation that continue to supply Russian gas to the Balkans and Ukraine through a hidden mixing scheme, Ukrainian News reports. A striking example is the “Swiss gas trader” Petroalps […]
Automotive gas prices continue to fall in retail networks. The average price of liquefied petroleum gas for the month (from March 1 to March 31) at filling stations decreased by UAH 2.04/l, or 8.5%, to UAH 21.72/l. This is evidenced by the daily monitoring of the retail market by the Consulting Group A-95. At OKKO […]
Romania has more than three billion cubic meters of natural gas in storage ahead of winter, which is a record amount. The Minister of Energy, Virgil Popescu, said this on Monday, “European Truth” reports. Popescu confirmed that the vaults are 97.75% full. “I repeat: we will not have a problem with gas this winter. The […]
In Moscow, they created a situation where the European Union does not really need Russian gas, although before the great war with Ukraine, the EU was the main sales market for the Russian Federation. So far, Europe has only partially given up on Russian gas, but even this has seriously hit the Kremlin’s energy ambitions. […]
The gas storages of the European Union are almost 90% full, and exports from the USA and Norway made it possible to compensate for the decrease in Russian supplies. The European gas market is undergoing drastic changes. Due to Russia’s attack on Ukraine and the new sanctions confrontation between the Russian Federation and Western countries, […]
Germany is ready for the Russian Federation to completely stop supplying gas to the country. This was announced by Chancellor Olaf Scholz today, reports Bloomberg. The head of the German government is sure that Germany and other European countries are able to survive the consequences of the energy crisis if the supply of Russian gas […]
Hungary expects to sign an agreement with the Russian Federation on additional gas supplies in the amount of 700 million cubic meters by the end of the summer, Prime Minister Viktor Orbán told state radio on Friday, writes Reuters. “There will be enough gas in Hungary. We are negotiating with the Russians to buy an […]