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Ukraine agrees gas agreement with European providers

Ukrainian state energy company Naftogaz has decided to acquire 1.7 billion cubic metres (bcm) of gas from European suppliers at a price of $188-$211 per thousand cubic metres, as stated by the firm on Thursday.

read more... 15/01/2016

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Lithuania: plans to import LNG from the United States put on hold for the moment

Lithuania has put plans to acquire liquefied natural gas from the United States on hold since the LNG is not yet appropriate for the Baltic state's gas system, as declared by its state energy firm on Wednesday.

read more... 14/01/2016

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Russia's Gazprom annuls major tender for domestic pipeline needed for Nord Stream II

Russia's major natural gas producer Gazprom has annulled an important tender estimated at 3.78 billion roubles ($50 million) for a domestic gas connection required for the development of Nord Stream, as mentioned on a government procurement website.

read more... 13/01/2016

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European Energy Exchange EEX recorded impressive results in power, gas futures in 2015

The European Energy Exchange (EEX) enjoyed a fruitful 2015 year, with trading volumes of electricity and gas forwards recording a hike of 62% and 110 respectively.

read more... 12/01/2016

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Italy's: Major gas companies Italgas and 2i Rete Gas might merge

Italian state lender CDP is thinking about a potential merger of Italy's two most important gas distributors with joint assets of approximately 8 billion euros ($8.7 billion) since the sector gears up for major reform, as stated by four people familiar with the matter.

read more... 11/01/2016

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