Latest news

Europe may not need additional LNG terminals

Europe may find itself with excess LNG capacity following a flurry of newbuild import terminals and project announcements in the wake of Russia’s invasion of Ukraine, amid declining demand, according to analysts.

read more... 01/11/2023

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Bulgaria has ‘carte blanche’ on using Russian gas tax cash

Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.

read more... 31/10/2023

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EU executive proposes methane emissions limit on gas imports

 The European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc's international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas.

read more... 26/10/2023

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EU to scrutinise foreign subsidies for wind energy sector

The European Union plans to boost financial support for the wind energy sector and scrutinise subsidies of foreign wind product imports, as local manufacturers face increased competition from China, a document seen by Reuters showed.

read more... 19/10/2023

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Finland Restricts Access To LNG Infrastructure After Suspected Pipeline Sabotage

Finland prepares to restrict access to a port area hosting one of its two floating LNG import terminals after an offshore natural gas pipeline between Finland and Estonia was shut down this weekend following a leak suspected to be caused by sabotage.

read more... 17/10/2023

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