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Croatia will double the capacity of Krk LNG terminal to 6.1 bcm/year

Croatia will expand its existing floating LNG terminal on the Krk Island, Prime Minister Andrej Plenković announced at the Three Seas Initiative in Riga on Monday. Croatia could play a more regional gas supply role.

read more... 19/08/2022

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Germany signs deal with gas firms to supply two floating LNG terminals

Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.

read more... 17/08/2022

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IEA raises global oil demand outlook on fuel switching

The International Energy Agency has modestly raised its global demand outlook for this year due to a surge in oil use for power generation and gas-to-oil switching in the wake of soaring European natural gas prices.

read more... 12/08/2022

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G7 mulls options to restrict Russian oil profits

The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of Ukraine, unless it heeds a price cap.

read more... 03/08/2022

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France's TotalEnergies eyes FSRU deployment at German port of Lubmin

France's TotalEnergies is in talks with German authorities about deploying one of its two floating LNG import vessels at Lubmin in northern Germany, a TotalEnergies spokesperson said July 15.

read more... 18/07/2022

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