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EU to propose joint gas buying in response to high energy prices

The European Commission will propose a system for EU countries to voluntarily jointly buy gas to form strategic reserves of the fuel, a measure drawn up in response to soaring energy prices, according to a document shared with countries ahead of a summit this week.

read more... 14/12/2021

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Nord Stream 2 pipeline ‘under threat’ if Russia invades Ukraine

US officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday (7 December).

read more... 09/12/2021

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EU’s upcoming gas reform to address storage, joint procurement

A planned revision of EU gas market legislation, expected on 14 December, will seek to improve access to gas storage facilities and include provisions enabling the joint purchasing of gas stocks, the European Commission said.

read more... 06/12/2021

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Snam eyes investments of 23 billion Euros to 2030 to speed green drive

Europe's biggest gas pipeline company Snam sees 23 billion euros ($26 billion) of investment opportunities over the next nine years as it boosts spending to get its network ready for hydrogen and the transition to cleaner energy sources.

read more... 30/11/2021

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Classified document sheds light on US-Germany Nord Stream 2 conciliation effort

A classified document which was made public reveals how Berlin is working with Washington to avoid US sanctions over the Nord Stream 2 pipeline.

read more... 30/11/2021

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