Latest news

EU lawmaker alliance calls for ban on all Russian energy, including gas

A broad coalition of members of the European Parliament has written to the leaders of EU institutions urging them to ban all Russian energy from Europe, including pipeline gas and LNG.

read more... 04/03/2024

news

EU Proposes Member States Maintain Measures to Reduce Natural Gas Demand

The European Commission proposed on Tuesday that EU member states continue taking voluntary measures to maintain a collective 15% gas demand reduction compared to the five-year average to March 2022, as the bloc looks to continue stabilizing its energy and gas supply.

read more... 29/02/2024

news

Companies bid for 34 bcm of gas in new joint EU tender

19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February).

read more... 23/02/2024

news

Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs

Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.

read more... 16/02/2024

news

Austria Looks to Cut Its Dependence on Russian Natural Gas

Austria, one of the few EU countries still receiving Russian natural gas by pipeline, is looking to reduce its dependence on Moscow, including by seeking to end a long-term deal that Austria-based energy giant OMV has with Gazprom, Austrian Energy Minister Leonore Gewessler said on Monday.

read more... 13/02/2024

news