Latest news
EU countries bet on floating LNG terminals to raise import capacity
The war in Ukraine has focused attention on liquefied gas (LNG) to replace Russian supplies coming via pipeline. Germany, France and Italy are all planning to rent or acquire special floating terminals in order to increase import capacity.
read more... 31/03/2022
.jpg)
Germany declares ‘early warning’ on gas supplies
Following Russia’s demand to be paid for energy and fuel in roubles, Germany has declared an “early warning” of a possible gas supply emergency.
read more... 31/03/2022
Daily (30.03.2022): British gas prices moved upwards on Tuesday amid fears of a Russian shutdown of gas supply to the EU
Oil prices retreated on Tuesday as talks between Russia and Ukraine to end their weeks-long conflict progressed, though Moscow negotiators said a promise to scale back some military operations did not constitute a ceasefire. New lockdowns in China put additional pressure on oil prices. Hence, Brent crude declined by 2%, to settle at $110.23 a barrel. US WTI crude decreased by 1.6%, to close at $104.24 a barrel.
read more... 30/03/2022
.jpg)
EU solar ready to ramp up to cut Russian gas imports
The EU’s solar photovoltaic sector is ready to ramp up capacity to help cut Russian gas imports with the right political and regulatory support, lobby group Solar Power Europe said on Tuesday.
read more... 30/03/2022
.jpg)
EU member states required to fill gas storage by 90% under new proposals
The European Commission has proposed new legislation that will require EU member states to fill their gas storage by at least 80% before next winter, increasing to 90% for the following years.
read more... 30/03/2022