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Germany inaugurates first new LNG terminal

The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.

read more... 16/11/2022

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Skulte LNG terminal construction to start in 2Q23

Construction of the Skulte LNG terminal in Latvia will start in the second quarter of 2023, project member of the board Uldis Salmins told Argus.

read more... 09/11/2022

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Daily (08.11.2022): Strong LNG supply and high storage levels continue to weigh on European gas prices

After reaching more than two-month highs crude oil prices fell amid mixed signals. Chinese policymakers are considering removing the severe COVID-19 limitations on the economy, however, with no deadline established. As a result, WTI declined by 0.9% to $91.79 a barrel, while Brent crude decreased by 0.7% to end at $97.92.

read more... 08/11/2022

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Germany could seize property to speed LNG build-out

Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.

read more... 02/11/2022

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Italy commissioner approves contested gas terminal

A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.

read more... 27/10/2022

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