The Russian gas export monopoly Gazprom has hit the wall with new European projects – Nord Stream 2 will be finished at some point in the second half of 2021, the exact route of TurkStream’s second line remains veiled in ambiguity and no other major gas importer voiced their interest in carrying out a new project.
read more... 05/05/2020
European gas forwards, which slumped to record lows on Friday, are set to fall further as robust piped and LNG supplies compete for market share at least until the third quarter, analysts said.
read more... 28/04/2020
European gas contracts slumped to fresh multi-year lows on Monday as the market continued to be heavily oversupplied with the coronavirus pandemic compounding a global glut amid a lack of industrial demand.
read more... 21/04/2020
Russia's Gazprom is working to boost the capacity of its landmark gas pipeline to China -- the Power of Siberia -- as it looks to ramp up flows via the line.
read more... 16/04/2020
French gas demand has dived by a quarter since mid-March amid the economic slowdown caused by the coronavirus lockdown, with industrial demand slumping 40%, latest TSO data showed on Thursday.
read more... 10/04/2020