Latest news
LNG imports and new supply challenge Russia’s hold on European gas market
Russia’s dominance of Europe’s natural gas market, widely seen as threatening European energy security, is likely to be increasingly challenged as new suppliers establish a foothold in the region.
read more... 13/05/2020
Ukraine commissions 1st phase of 500-MW wind project
The first phase of the 500-MW wind farm complex in Zaporizhia region of Ukraine initiated operations in May 2020, a supplier for the project announced.
read more... 12/05/2020
PGNiG sells first Klaipeda small-scale LNG cargoes
CRYO Shipping, a Norwegian LNG bunker fuel supplier, purchased both of the cargoes, according to a statement by PGNiG.
read more... 09/04/2020
LNG suppliers flood market with excess spot cargoes as demand shrinks
Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand dwindles globally because the coronavirus outbreak has disrupted industrial output and people’s movement.
read more... 30/03/2020
Russia Moves In On European Gas Markets As Oil Prices Crash
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Russia’s gas giant Gazprom, the single largest supplier of natural gas to Europe, has watched with apprehension the growing volumes of liquefied natural gas (LNG) from the United States that have arrived on European shores over the past two years.
read more... 24/03/2020