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EU to open third round of joint gas buying in September
The European Union will open its third round of joint gas buying next month, as the bloc moves to secure supplies in preparation for another winter with scarce Russian gas.
read more... 24/08/2023
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European gas prices rise on growing prospect of Australian LNG strike
European natural gas prices jumped in volatile trading on Monday as the prospect of a strike at a liquefied natural gas producer in Australia intensified fears of disruption to global supplies.
read more... 22/08/2023
EU surpasses 90% gas storage target ahead of winter
The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.
read more... 21/08/2023
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EU gas storage may face “reality check” in December
EU gas storage levels are well above the historical average but current supply and demand trends suggest inventories could be insufficient by December, said Sweden’s SEB bank on Tuesday.
read more... 16/08/2023
German gas price cap to cost less than assumed
Germany’s cap on gas bills is likely to cost the government EUR 13.1bn, only around a third of what Berlin had budgeted, the Ifo Institute for Economic Research said on Wednesday.
read more... 11/08/2023