Latest news
Germany's private LNG terminal fears state operator may undercut it
Private German liquefied natural gas (LNG) terminal operator Deutsche ReGas says the potentially lower prices offered by state-owned Deutsche Energy Terminal to attract buyers are a threat to its business.
read more... 30/01/2025
EU won't ban Russian LNG until it secures alternatives
The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States, EU diplomats said.
read more... 29/01/2025
.jpg)
EU Poised to Extend Gas Storage Targets Into 2026
The European Union is considering extending the binding natural gas storage targets for EU member states for at least another year after the current goals expire at the end of 2025, EU diplomats told Reuters on Thursday.
read more... 24/01/2025
Germany considers plan to subsidise storage refills
Germany's gas market trading hub is in talks with the economy ministry and regulator about the possibility of contractors receiving subsidies to refill gas storage sites, the Trading Hub Europe (THE) website showed.
read more... 23/01/2025
Israel's Natural Gas Reserves Expand 40% as Production Ramps Up
Israel exported a record 981mn cfd of natural gas to Egypt in 2024, good for 18.2% year-over-year. According to Middle East Oil & Gas publication MEES, the remarkable surge in imports can be attributed to a growing gas deficit resulting from declining domestic production by Egypt. However, Israel will struggle to ramp up exports further due to infrastructure limitations.
read more... 21/01/2025