Italy Overtakes Turkey Among Top Russian Gas Buyers in 2019

17/02/2020 09:03 Natural Gas

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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

Source: bnnbloomberg.ca

Innogy commits to 342MW Kaskasi

06/04/2020 10:58:00

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

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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.

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