Latest news
Germany releases €3bn to acquire floating LNG terminals
Germany has released nearly €3 billion to acquire floating liquefied natural gas import terminals, the finance ministry said Friday (15 April), as it seeks to move away from dependence on Russian gas.
read more... 19/04/2022
EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022
Russian oil embargo could be part of next EU sanctions package
The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.
read more... 12/04/2022
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
EU, US strike LNG deal as Europe seeks to ditch Russian gas
The United States will aim to supply 15 billion cubic metres (bcm) of additional liquefied natural gas (LNG) to EU markets this year to help Europe break away from Russian fossil fuel supplies, the two sides announced on Friday (25 March).
read more... 28/03/2022