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European renewable GOO demand up by 8pc in 2020

Cancellation of renewable GOOs in the Association of Issuing Bodies (AIB) hub increased by 8pc year on year to 735.1TWh in 2020, a record high and up from 332.6TWh in 2015 and 182.4TWh in 2010. Demand continues to outstrip supply, with 761.8TWh of renewable GOOs issued in 2020, up from 649.8TWh in 2019, 367.9TWh in 2015 and 25.5TWh in 2010.

read more... 17/02/2021

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Essar eyes hydrogen economy with GBP 750 million hub in UK

The group’s UK arm, Essar Oil, has tied up with Progressive Energy, an English company specialising in low-carbon energy projects, for setting up the hub at its Stanlow Refinery at Ellesmere Port in Chester

read more... 14/01/2021

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China's CNOOC leads first LNG group purchasing on Shanghai gas exchange

The 120,000-tonne LNG cargo will arrive in April 2021 via CNOOC's terminals and other approved hubs in Shenzhen and Guangdong, the exchange said. Buyers will have until the end of September to collect their purchases

read more... 31/12/2020

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Greece becomes ‘most important hub for alternative gas’ in Southeast Europe

As the Trans-Adriatic Pipeline (TAP) became operational last month, a Greek official stated that his country had become the most important hub for gas from sources other than Russia in Southeastern Europe, also thanks to its LNG terminals.

read more... 10/12/2020

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Gazprom retains forecast for average gas price in EU at $133 in 2020

Forward gas prices at the Dutch TTF hub at the end of the year show a level of about $160 per 1,000 cubic meters, which is significantly higher than current spot prices

read more... 19/08/2020

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