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TurkStream delivers over 500 mcm of gas to Europe via Turkey

Russia transferred over 500 million cubic meters (mcm) of natural gas to Europe from Turkey via the TurkStream natural gas pipeline during its first month of operations in January 2020, industry sources said Wednesday.

read more... 20/02/2020

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European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020

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Italy Overtakes Turkey Among Top Russian Gas Buyers in 2019

Italy overtook Turkey as Gazprom’s second-biggest buyer of natural gas last year, the Russian company said.

read more... 17/02/2020

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Russia’s Gazprom says global LNG glut pressures global gas prices

Excessive supplies of liquefied natural gas (LNG) as well as brimming storage have put pressure on natural gas prices in Europe and Asia, dimming forecasts for exports, Russian gas giant Gazprom said on Thursday.

read more... 14/02/2020

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Lithuania could take 'legal measures' to restrict Russian gas imports

A small amount of Russian gas doesn't pose a threat to the country's energy independence, according to the Lithuanian energy minister, after a report by Lithuanian intelligence bodies said Russian supplies pose a risk to national security.

read more... 05/02/2020

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