An analysis by The Economist taken over by Energy Press shows that the United States has little chance of harassing the world to sell the enormous quantities of gas that Trump wants, offered in exchange for reduced customs duties to trading partners. For countries that have begun to worry about the huge surcharges imposed by […]
The European Union is ready to commit to buying more liquefied natural gas (LNG) from the United States if it would please President Trump and make him reconsider tariffs on EU imports, the European Energy Commissioner said, writes OilPrice. “There is potential to buy more LNG from the US, but of course it has to […]
Global demand for liquefied natural gas (LNG) is forecast to rise by around 60% by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport as well as the impact of artificial intelligence, according to Shell’s LNG Outlook 2025. Industry forecasts now expect LNG demand to reach 630-718 million tonnes […]
“Alternative and Analyses”, a Bulgarian non-governmental organization, founded by a group of Bulgarian energy analysts with experience in geopolitics, diplomacy, international relations, security, business, etc., has launched an analysis of the more or less “mysterious” causes of the shutdown of the liquefied natural gas terminal near Alexandroupolis (Greece), right in the middle of winter. Below, […]
31 December 2024 marked the end of the Russian gas transit agreement via Ukraine. In an extraordinary meeting of the Gas Coordination Group held today, the Commission and the Member States from the Central and Eastern Europe took stock of the situation. The exchange allowed to confirm that thanks to efficient preparatory work and coordination […]
With more than three months to go before the official end of the cold season, the filling rate of Romanian gas storage facilities has dropped to 70%, from 100% at the beginning of the season. We have less gas stored than last year, and the situation is the same at European level. The earlier start […]
Vulcangas Romania, a subsidiary of Società Italiana Gas Liquidi Spa – Vulcan Group, announces the inauguration of the first filling station in Romania with Liquefied Natural Gas (LNG) and BioLNG (including CNG and BioCNG) Located in the city of Pecica, Arad County, this new infrastructure represents a start for a cleaner and more sustainable high-tonnage […]
In the revised form of the national integrated energy-environment plan (PNIESC), recently presented by the Ministry of Energy, the idea of the need to build a liquefied natural gas (LNG) terminal on the shore of the Black Sea also appears. “LNG Terminal located on the shore of the Black Sea, the interconnection of the SNT […]
Ion Sterian, the general director of Transgaz, stated in Greece that he is interested in becoming a shareholder of the company that operates the liquefied gas terminal at Alexandropoulis. He also said that there is a consensus among the states in the area for the expansion of the non-Russian gas transport capacity – the so-called […]
Botas, the Turkish state energy company, and the British oil group Shell will sign, on Monday, a long-term liquefied natural gas supply agreement, the Ministry of Energy of Turkey informed, reports Reuters. In May of this year, Botas initialed an agreement with the American group ExxonMobil on the supply of liquefied gas for a period […]
After a delay of half a year, the long-awaited LNG terminal in the Greek port of Alexandroupolis will be put into operation on October 1, according to the Bulgarian Minister of Energy, Vladimir Malinov, quoted by the specialized press The Bulgarian energy minister has received assurances that the technical problem at the floating storage and […]
In July 2024, Europe imported 1.5 million tons of liquefied natural gas (LNG) from the United States and 1.3 million tons from Russia, according to Bloomberg data. As of July 2024, Russia was close to surpassing the United States as Europe’s largest LNG supplier, despite efforts by politicians in the region to block supplies of […]
The European Union (EU) targets a ban on Russian fuel imports by 2027. However, nearly half of Russia’s pipeline gas supplies to Europe and Moldova are still passing through Ukraine, totaling 13.7 billion cubic meters (Bcm) in 2023. As the EU discusses the possibility of involving Azerbaijan in a future transit deal, the current five-year […]
International oil majors such as Shell, BP and TotalEnergies, as well as Japan’s Mitsui & Co, have each agreed to buy 10 percent of a new giant LNG project in the United Arab Emirates, sources familiar with the situation told Bloomberg. . International firms will invest in Abu Dhabi national oil company ADNOC’s Ruwais LNG […]
