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European gas liberalization cut import costs by $70 bil in last decade

Liberalization of the European wholesale market for natural gas has yielded a $70 billion saving in importation costs over the last decade, a report published by the International Energy Agency has said.

read more... 27/10/2021

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Italy urges EU to start work now on joint gas storage plan

Italy has urged the European Union to start work immediately on a plan to create a joint storage system for strategic gas reserves, Prime Minister Mario Draghi said on Friday.

read more... 25/10/2021

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Nord Stream 2 fills first gas string

Gazprom has filled one of the two strings that make up its 55bn m³/yr Nord Stream 2 pipeline with operational gas.

read more... 19/10/2021

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EU to study joint natural gas buying as response to energy price spike

The European Union will look into an option for member states to jointly buy natural gas as the bloc considers ways to protect itself against surging energy prices, according to a draft document.

read more... 14/10/2021

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EU leaders to discuss strategic gas reserve at October summit

EU leaders are to discuss the option of setting up a strategic EU gas reserve against the background of high gas prices, European Commission President Ursula von der Leyen said Oct. 5.

read more... 06/10/2021

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