Latest news
Poland ready to halt import of Russian gas
Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports, Piotr Woźniak, the CEO of Poland’s state gas and oil company PGNiG has said.
read more... 24/10/2019
Turkey second-largest LNG market in Europe
The development of liquefied natural gas (LNG) infrastructure has made Turkey the second-largest market in Europe and seventh-largest in the world. The country imported approximately 7.7 billion cubic meters of LNG in the first seven months of the year.
read more... 18/10/2019
Daily (15.10.2019): NBP spot spiked by 21.3% on Monday, due to lower send-out rates from LNG terminals and weaker wind output
Crude oil prices fell on Monday on doubts about a China-U.S. trade deal. China declared that further discussions were needed, while U.S. reported that tariffs on Chinese imports are still set to take effect on Dec. 15, if a deal is not reached by that time. A rise in U.S. dollar also put pressure on prices. Hence, Brent crude fell by 1.9% to $59.35 a barrel, while WTI futures dropped by 2% to $53.39 a barrel.
read more... 15/10/2019
Exxon to make $500 million initial investment in Mozambique LNG project
Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.
read more... 08/10/2019
Qatar building large CO2 storage plant
Qatar commissioned a carbon capture-and-storage plant and aims to sequester five million tonnes of carbon dioxide from its liquefied natural gas (LNG) facilities by 2025.
read more... 08/10/2019