Gas Archives

The US administration's decision to suspend the granting of permits for new liquefied natural gas (LNG) export terminals will have major consequences for the energy security of the EU, writes Andrea Di Giuseppe.

European and US oil majors have made record profits totalling more than €260 billion since the Russian invasion of Ukraine started in February 2022, according to NGO Global Witness.

Romania’s cap on energy prices will remain unchanged until March 2025, announced Romanian Energy Minister Sebastian Burduja on Thursday, meaning Romanian consumers will continue enjoying the EU’s fourth cheapest gas prices.

Cyprus could start producing its first natural gas as soon as 2026, and plans to participate in a high-powered electricity cable project linking the eastern Mediterranean to continental Europe, its energy minister told Reuters.

Despite new US sanctions against the Arctic LNG 2 project, Russian LNG exports to Europe have reached record levels. Russia continues to make money on LNG by avoiding sanctions through suspicious companies and corrupt links, writes Mykola Kolisnyk.

Russia's aggression against Ukraine produces images of Armageddon-type destruction: Mariupol, Bakhmut, now Avdiivka. But against this background, there is a place in Ukraine that seems heavenly secure.

Austria’s dependence on Russian gas has grown from 80% to 98% in two years, prompting the country’s energy minister to ring the alarm bell ahead of a national election in the Autumn.

The German government is looking beyond Europe to supply hydrogen in coming years, and has agreed a task-force with Algeria to facilitate the framework for imports.

A top US Department of Energy (DOE) official on Thursday (8 February) defended President Joe Biden's pause on approvals of liquefied natural gas (LNG) exports at a Senate hearing called by a fellow Democrat who said he will investigate the decision.

The European Parliament and the Council of EU member states agreed on Wednesday evening (7 February) to grant a two-year delay for sector-specific standards under the Corporate Sustainability Reporting Directive (CSRD), offering a break to mining and fossil fuel firms targeted by the upcoming transparency rules.

The US and Saudi Arabia have reduced investment in oil and gas supply, putting consuming countries in front of their responsibilities by forcing them to act and deliver on their COP28 pledges, writes Thierry Bros.

Russia plans to nearly triple its LNG export capacity by 2030, with four new terminals in the Arctic due to bring more revenues for Moscow’s war on Ukraine. Yet, Ukraine’s allies have a strong leverage on Russian LNG exports, writes Andrii Zhupanyn.

The Swedish criminal investigation into the Nord Stream 1 and 2 gas pipeline sabotage in the autumn of 2022 will likely conclude shortly after the prosecutor in charge, Mats Ljungqvist, announced that a decision would be made on Wednesday.

Given its limited supply, green hydrogen must be reserved for hard-to-decarbonise sectors such as aviation and shipping, rather than directed towards sectors that can be electrified, writes Aoife O’Leary.

It is unclear if Belgium will use the option in an upcoming European Union law to block imports of Russian liquefied natural gas (LNG), Belgium's energy minister said on Monday (22 January).

Ukraine, Moldova and Slovakia on Friday (19 January) joined an initiative for a planned corridor to carry natural gas between Greece and countries to its north as Europe steps up efforts to diversify supply and boost energy security.

In a letter sent to the heads of diplomacy of Croatia and Bosnia and Herzegovina, Gordan Grlić Radman and Elmedin Konaković, US Secretary of State Antony Blinken has called on them to influence the head of HDZ BiH, Dragan Čović, to urgently adopt the Law on the Southern Gas Interconnection, which would connect Bosnia and Croatia and reduce Bosnia’s dependence on Russian gas.

The capture, storage and utilisation of CO2 requires the construction of pipelines and network planning to enable industry to access geological storage areas and synthetic fuel producers to access (renewable) CO2 sources, write Daan Peters and Kees van der Leun.

Plans to build a fleet of hydrogen power plants to supplement wind turbines and solar panels are faltering, amid a budgetary squeeze and demands for cost-cutting from industry.

Although gas and electricity prices have receded below their 2022 peak, they are not forecast to return to pre-pandemic levels in the foreseeable future, the European Commission said on Monday (15 January), warning of the long-term economic consequences of high energy prices on the EU's competitiveness.

As Davos deliberates on the world's economic future, the call from Kyiv is resolute: put an end to Russian oil and gas, and you will not only end the war in Ukraine but also slow the spread of autocracy and speed up the global energy transition, write Svitlana Romanko and Oleh Savytskyi.

KN Energies, a Lithuanian state company, will manage Germany’s four state-owned LNG terminals to help the country's phase-out from Russian gas.

Fears that Slovakia’s liquefied natural gas (LNG) terminal could end up as a stranded investment are reinforced by experts who warn that too much LNG infrastructure is being built as fossil fuels are phased out and that there is likely to be a surplus on the market after 2030.

US sanctions pose a major obstacle to Russia's plans to increase exports of seaborne liquefied natural gas (LNG) to offset the decline in pipeline gas exports to Europe, analysts said, as expectations mount of delays to a flagship project.