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Polish LNG terminal receives 71st cargo

Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo over the past weekend.

read more... 29/10/2019

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Poland ready to halt import of Russian gas

Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports, Piotr Woźniak, the CEO of Poland’s state gas and oil company PGNiG has said.

read more... 24/10/2019

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Turkey second-largest LNG market in Europe

The development of liquefied natural gas (LNG) infrastructure has made Turkey the second-largest market in Europe and seventh-largest in the world. The country imported approximately 7.7 billion cubic meters of LNG in the first seven months of the year.

read more... 18/10/2019

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Daily (15.10.2019): NBP spot spiked by 21.3% on Monday, due to lower send-out rates from LNG terminals and weaker wind output

Crude oil prices fell on Monday on doubts about a China-U.S. trade deal. China declared that further discussions were needed, while U.S. reported that tariffs on Chinese imports are still set to take effect on Dec. 15, if a deal is not reached by that time. A rise in U.S. dollar also put pressure on prices. Hence, Brent crude fell by 1.9% to $59.35 a barrel, while WTI futures dropped by 2% to $53.39 a barrel.

read more... 15/10/2019

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Exxon to make $500 million initial investment in Mozambique LNG project

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.

read more... 08/10/2019

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