Latest news
Skulte LNG terminal construction to start in 2Q23
Construction of the Skulte LNG terminal in Latvia will start in the second quarter of 2023, project member of the board Uldis Salmins told Argus.
read more... 09/11/2022
Daily (08.11.2022): Strong LNG supply and high storage levels continue to weigh on European gas prices
After reaching more than two-month highs crude oil prices fell amid mixed signals. Chinese policymakers are considering removing the severe COVID-19 limitations on the economy, however, with no deadline established. As a result, WTI declined by 0.9% to $91.79 a barrel, while Brent crude decreased by 0.7% to end at $97.92.
read more... 08/11/2022
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Germany could seize property to speed LNG build-out
Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.
read more... 02/11/2022
Italy commissioner approves contested gas terminal
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022
Iberian gas prices for utilities fall below cap for first time
Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.
read more... 20/10/2022