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Romanian ambassador announces start of construction of Ungheni – Chisinau gas pipeline

There have started the construction works of the Ungheni – Chisinau gas pipeline on all 07 sections. It was announced by Ambassador of Romania to Chisinau, Daniel Ionita.

read more... 16/07/2019

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Daily (15.07.2019): NBP spot surged by 4.7% on Friday, due to rising gas-for-power demand ahead of an expected 3-day hot spell

Crude oil prices slightly rose on Friday, after a tropical storm in the Gulf of Mexico caused disruptions in the local production, while tensions between Iran and the West continued to mount. Consequently, Brent crude traded 0.3% higher at $66.72 a barrel. However, forecasts for a global oil supply glut from the International Energy Agency and OPEC limited the gains, with WTI futures remaining almost flat at $60.21 a barrel.

read more... 15/07/2019

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Daily (12.07.2019): British forward gas prices rose by over 3% on Thursday due to a bullish energy complex and higher weekly oil prices

Daily (12.07.2019): British forward gas prices rose by over 3% on Thursday due to a bullish energy complex and higher weekly oil prices

read more... 12/07/2019

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Turkish Stream Pipeline is Almost Finished, Gazprom Says

Last week Russian state-owned gas giant Gazprom invited bank analysts on a trip to inspect the construction work on the Turkish Stream (aka TurkStream) pipeline. They report work on the pipeline is on schedule and that it is 90% complete and should go online before the end of the year.

read more... 12/07/2019

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Portugal books new Sabine Pass LNG cargo

REN-operated Sines LNG import terminal in Portugal is set to receive a new cargo of the gas from Cheniere’s Sabine Pass LNG export terminal in Louisiana.

read more... 11/07/2019

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