Italy Overtakes Turkey Among Top Russian Gas Buyers in 2019

17/02/2020 09:03 Natural Gas


Italy overtook Turkey as Gazprom’s second-biggest buyer of natural gas last year, the Russian company said.

Gazprom’s exports to Germany, its biggest customer and the target of U.S. pressure over the Nord Stream 2 pipeline, declined by almost 9%. Turkey slipped to third, according to Gazprom’s annual earnings report.


Gazprom exports to western Europe fell 9.3% to 147.4 billion cubic meters. A warm winter and competition with liquid natural gas — an alternative promoted by the Trump administration — limited demand


Innogy commits to 342MW Kaskasi

06/04/2020 10:58:00

Innogy has given the go-ahead to its third German offshore wind farm having taken a final investment decision (FID) for the construction of the 342MW Kaskasi project in the North Sea.


German hourly power drops to minus 50.26 euros per MWh for Sunday

06/04/2020 10:54:00

German day-ahead power prices plunged as low as EUR -50.26/MWh on an hourly basis for a fourth consecutive Sunday amid low demand and high renewables feed-in.


GAS – Spot contracts slump to fresh multi-year lows

06/04/2020 10:51:00

Spot gas contracts on the Dutch TTF and the UK’s NBP hit fresh multi-year lows on Friday as mild temperatures and ample supply exacerbated by the coronavirus crisis weighed on the market.