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European gas storage on track to meet target but at a cost
European countries are on track to reach a gas storage filling target by the start of this winter, but the cost of replenishing stocks will be over 50 billion euros ($51 billion), 10 times more than the historical average of filling up tanks for winter.
read more... 05/08/2022
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Germany's gas levy cannot be implemented as planned
The German government will have to amend its energy security law again in September as its gas levy cannot yet be imposed on all consumers, including those with fixed prices contracts, government and parliamentary sources told Reuters on Wednesday.
read more... 04/08/2022
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France will have filled up its strategic gas reserves by start of November
France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia.
read more... 04/08/2022
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Germany details plan to wean off Russian gas by 2024
Germany has detailed plans to be mostly independent of Russian gas by 2024 by replacing 50-60% of the gas deliveries with LNG next year.
read more... 03/08/2022
Russia's Gazprom stops gas supplies to Latvia
Russian gas producer Gazprom said on Saturday it had stopped sending gas to Latvia after accusing it of violating supply conditions, a move the Baltic country said would have little impact on its gas supplies.
read more... 02/08/2022