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Poland, Lithuania speed up gas link amid Russia supply worries
A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to a liquefied natural gas (LNG) terminal in Lithuania.
read more... 01/03/2022
Nuclear, coal, LNG: 'no taboos' in Germany's energy about-face
Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut dependency on Russian gas, part of a broad political rethink following Moscow's invasion of Ukraine.
read more... 28/02/2022
Bulgaria welcomes Greek LNG terminal decision for diversification of supply
The company in charge of building the Greece-Bulgaria gas interconnector hailed on Tuesday (1 February) the final investment decision on developing a liquefied natural gas (LNG) terminal off the Greek city of Alexandroupolis as a major chance for increasing the capacity of the gas link between the two Balkan countries.
read more... 03/02/2022
TotalEnergies aims to restart $20 billion Mozambique LNG project in 2022
TotalEnergies CEO Patrick Pouyanne said on Monday the French firm aimed to restart a $20 billion liquefied natural gas (LNG) project in the north of Mozambique that was halted by an insurgent group with links to Islamic State almost a year ago.
read more... 01/02/2022
Daily (13.01.2021): Gas prices were bearish on Wednesday, as ample LNG supply offset winter storage concerns
Crude oil prices continued to strengthen on Wednesday, on the back of a sharp drop in US crude reserves, to the point of approaching multi-year records set last October. Hence, Brent oil gained 1.1% at $84.67 a barrel and WTI crude rose by 1.8% to $82.64 a barrel.
read more... 13/01/2022