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Russia's Gazprom warns European gas prices could climb a further 60%
Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic metres this winter, as the company's own export and production continues to fall amid Western sanctions.
read more... 17/08/2022
German gas levy to be set at 2-3 euro cents per kilowatt hour
Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kilowatt hour (kWh), industry and government sources said.
read more... 16/08/2022
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Switzerland could align with EU energy saving drive
Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told newspaper SonntagsBlick.
read more... 16/08/2022
Berlin wants to reduce gas use by 2% with new regulations
New measures to reduce Germany's gas consumption by 2% require strict cutbacks by public and private users as Europe battles a sharp reduction in Russian gas supplies, government officials said on Friday.
read more... 16/08/2022
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Germany reaches 75% gas stocks target ahead of schedule
German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday.
read more... 15/08/2022