Latest news
Bulgaria's Bulgargaz to book capacity at Greek LNG terminal
Bulgaria’s state-owned gas company Bulgargaz will reserve 500 million cubic gas annually for 10 years at the liquefied natural gas (LNG) terminal now being built in northern Greece, the government said on Tuesday.
read more... 11/03/2020
Polish LNG terminal receives 86th cargo
Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Thursday.
read more... 06/03/2020
Russia beating US in LNG price war
Russian LNG’s low price point is putting pressure on its competitors in the European LNG import market, attendees heard at the S&P Global Platts London Oil and Energy Forum yesterday.
read more... 26/02/2020
Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply
Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.
read more... 19/02/2020
European gas prices set to slump
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.
read more... 19/02/2020