Spain has around 20bcm/year of natural gas in surplus at its six regasification plants that could replace Russian flows, the CEO of TSO Enagas said on Tuesday.
read more... 27/04/2022
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.
read more... 27/04/2022
European Union countries will this week debate a possible deal to share out the costs of buying gas to fill storage and build a supply buffer ahead of next winter, according to a draft document seen by Reuters.
read more... 27/04/2022
Crude oil prices slumped to their lowest levels in two weeks on Monday. The market reacted bearishly to the news that China will prolong the strict coronavirus lockdown, a measure that the market fears will result in a slowing economy and weak demand. Hence, Brent crude fell by $4.33, or 4.1%, to settle at $102.32 a barrel. U.S. WTI crude fell by $3.53, or 3.5%, to settle at $98.54.
read more... 26/04/2022
The Netherlands will receive its first floating LNG plant, at Eemshaven in Groningen, in early August as part of the country’s plan to wean itself off Russian gas, TSO Gasunie said on Monday.
read more... 26/04/2022