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Daily (19.12.2018): UK gas prices slumped by around 3% on Tuesday, due to an oversupplied system
Oil prices reached 14-month lows on Tuesday in a heavy session, as higher crude stocks and concerns over global demand continued to put pressure on contracts. Accordingly, Brent crude shed by 5.6% to $56.26 a barrel, while WTI crude closed 7.3% lower at $46.24 a barrel.
read more... 19/12/2018
Transgaz gets EUR 50 million EIB loan to build a new pipeline for Black Sea gas
The European Investment Bank (EIB) will award EUR 50 million to finance a new pipeline to connect Romania’s natural gas resources in the Black Sea shore with the national gas transport network as well as the BRUA corridor, according to a statement by the Economy Ministry.
read more... 18/12/2018
Gazprom Armenia to expand Abovyan UGS facility’s capacity to 300 mln m3
Armenia’s national natural gas distribution company Gazprom Armenia plans to increase the capacity of its Abovyan underground natural gas storage facility to 300 million m3, the chief engineer of Gazprom Armenia Ashot Hakobyan said, Armenian Arka reported.
read more... 17/12/2018
Poland’s PGNiG gets another US spot LNG cargo
Polish Oil and Gas Company (PGNiG) will receive another spot cargo of U.S. liquefied natural gas (LNG) on Thursday.
read more... 14/12/2018
Novatek’s $27bn Yamal LNG project reaches full capacity
Novatek and Total said that the $27bn Yamal liquefied natural gas project (Yamal LNG project) in Russia has reached full capacity following the launch of the third LNG train.
read more... 12/12/2018