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Europe's Gas Storage Hits Record High But Winter Worries Persist

Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years.

read more... 06/11/2023

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Severe German winter may cause record low gas storage

Germany is better prepared for winter gas supply than last but in the worst-case scenario, it could cause storage facilities to hit a record low of 2% of capacity, network regulator BNA said on Thursday.

read more... 03/11/2023

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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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Serbia-Bulgaria gas pipeline start-up pushed back

Gas flows through the Serbia-Bulgaria gas interconnector may only start by the end of this year, although construction works are nearly complete, Serbian mining and energy minister Dubravka Dedovic-Handanovic said on Friday.

read more... 30/10/2023

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EU considers gas price cap extension to avert winter crisis

The European Union is considering extending an emergency gas price cap introduced in February, amid fears the conflict in the Middle East and sabotage of a Baltic pipeline could push prices up again this winter, the Financial Times reported on Sunday.

read more... 23/10/2023

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