Estonia's Eesti Energia to import gas from Russia's Novatek via Lithuania's LNG terminal

27/08/2019 09:07 LNG


Estonia's energy group Eesti Energia will import gas from Russia's largest private gas company Novatek via Lithuania's LNG terminal based in Klaipeda in September.

KN said it had allocated Eesti Energia 0.061 TWh of regasification capacity, amounting to a small bunker vessel of 10,000 cubic meters. Such vessels usually bring gas from Novatek's production facility in Vysotsk.


Lithuania's fertilizer manufacturer Achema mainly imports Novatek, and also Lietuvos Energijos Tiekimas (LET), part of Lithuania's state-controlled energy group Lietuvos Energija (bought via an intermediary), and Imlitex, which is part of the commodity trade group Imlitex Holdings, have brought one LNG shipment each from Novatek this year.


Poland fines Gazprom $57 million over Nord Stream 2

03/08/2020 09:29:00

Poland’s antimonopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project.


Daily (31.07.2020): WTI crude slipped below $40 a barrel on Thursday amid bearish economic data, political uncertainty in the U.S.

31/07/2020 10:44:00

Crude oil futures posted a steep decline on Thursday, with WTI crude slipping below $40 a barrel for the first time in three weeks, pressured by worries about resurgence in coronavirus cases and bearish U.S. economic data. Suggestions made by U.S. President Donald Trump that nation's November presidential election may be delayed added further pressure on oil prices. Hence, Brent crude decreased by 81 cents, or 1.9%, to settle at $42.94 a barrel. At the same time, U.S. WTI crude futures fell by $1.35, or 3.3%, to end at $39.92 a barrel.


Gazprom Neft joins the international LNG-bunkering community

31/07/2020 09:40:00

Gazprom Neft has become the 1st oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazpromneft Marine Bunker fleet.