Latest news
China wind power firm plans $1 billion LNG terminal by end-2022
China’s Suntien Green Energy Co. Ltd, a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company official said.
read more... 01/11/2019
Polish LNG terminal receives 71st cargo
Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo over the past weekend.
read more... 29/10/2019
Baku-Tbilisi-Ceyhan pipeline delivers 3.3 bbl of oil
Baku-Tbilisi-Ceyhan (BTC) oil pipeline delivered 3.3 billion barrels of Azeri oil since it became operational in 2006, from Ceyhan marine terminal in the Adana province of southern Turkey to the international oil markets, according to data from Turkey's petroleum pipeline corporation BOTAS.
read more... 17/10/2019
Daily (15.10.2019): NBP spot spiked by 21.3% on Monday, due to lower send-out rates from LNG terminals and weaker wind output
Crude oil prices fell on Monday on doubts about a China-U.S. trade deal. China declared that further discussions were needed, while U.S. reported that tariffs on Chinese imports are still set to take effect on Dec. 15, if a deal is not reached by that time. A rise in U.S. dollar also put pressure on prices. Hence, Brent crude fell by 1.9% to $59.35 a barrel, while WTI futures dropped by 2% to $53.39 a barrel.
read more... 15/10/2019
Estonia's Eesti Energia to import gas from Russia's Novatek via Lithuania's LNG terminal
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.
read more... 27/08/2019