After the Russian attacks, Ukraine plans to import 800 million cubic meters of gas by April.
Ukraine will import 800 million cubic meters (mcms) of gas in February and march to compensate for the sometimes 40% decrease in production following Russian missile attacks on the sector. A senior industry source said on Friday. Since its invasion in 2022, Russia has launched many missiles and drones at Ukraine's electric sector.
Data shows that Ukraine gas imports will increase by 10% on Thursday.
Data provided by the operator for gas transmission systems shows that Ukraine will increase its gas imports by 10% to 25 million cubic metres on Thursday, following Russian missile attacks which damaged Ukrainian gas production plants earlier in the week. Ukraine's Naftogaz…
Prices fall in Europe amid profit-taking and temperature revision
The wholesale gas prices in the Netherlands and Britain fell Wednesday morning, as profit-taking took place after Tuesday's new two-year peak. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was 1,35 euros lower at 55.10 Euro per megawatt hour by 1307 GMT.
EU rules could overheat a gas market already on fire: Bousso
European policymakers who are worried about rising energy prices have already shot themselves in two feet. Two rules designed to manage the gas market of the region run the risk instead of overheating the market during the summer months, when stocks should be refilled. In…
Prices of EUROPE GAS rise to two-year-highs due to cold storage withdrawals
Dutch and British wholesale prices of gas rose on Monday to levels not seen in the past two years, as colder temperatures increased demand and storage withdrawals increased. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was up by 2.22 euros, at 58.20 Euros per Megawatt Hour (MWh), at 0902 GMT.
Taiwan buys Alaskan Natural Gas to avoid US Tariffs
The economy ministry announced on Monday that Taiwan was "quite interested in" natural gas from Alaska, and would continue to evaluate the feasibility of purchasing it. This is as the government tries to reduce the trade surplus and avoid tariffs with the United States. Donald Trump, the U.S.
Data show that Ukraine kept its gas imports high on Sunday.
The operator of the state-owned gas transmission system revealed that Ukraine will maintain its gas imports to a high level, 16,3 million cubic meters (mcm), on Sunday. Data suggested that Ukraine would import gas from Hungary, Slovakia and Poland. Ukraine increased its gas imports dramatically last week…
Hungary's MVM expects the E.ON Energie Romania agreement to close in June or September
MVM Group, the state-owned energy firm in Hungary, expects to complete its deal to purchase a majority stake in E.ON Energie Romania by June or July. MVM's CEO told Portfolio.hu Thursday. E.ON announced this deal in December. It is subject to the approval of Romanian authorities.
Operator data indicates that Ukraine will double its gas imports by Wednesday
Data provided by the operator for the state-owned gas transmission system revealed that Ukraine intends to double its daily imports of gas on Wednesday, to 5 million cubic meters (mcm). The operator did explain the reason for the increase. However, temperatures in central…
Operator data shows that Ukraine's gas imports soared on Wednesday.
According to the data provided by the operator, the state-owned gas transmission system, Ukraine intends to double its daily imports of gas on Wednesday. According to data from the operator, Ukraine will import approximately 5 million cubic meters (mcm), up from 2.6 millions on Tuesday.
Goldman Sachs: Trump's tariffs will have a limited impact on oil and gas prices
Goldman Sachs stated in a Sunday note that the new tariffs placed by U.S. president Donald Trump on imports coming from Canada, Mexico and China will likely have a limited impact on oil and gas prices globally. The bank stated that the potential tariff-driven decrease in U.S.
Germany builds LNG import terminals
Germany is increasing its natural gas imports to replace Russian supplies. This drive has been intensified due to the recent suspension of Russian gas flows via Ukraine, and U.S. president Donald Trump's targeting Europe with LNG exports. Here are some details about the terminals…
EU source: EU selects PwC for mineral, energy platform
The EU has chosen PriceWaterhouseCoopers and a Slovak software company to develop a 9 million euro ($9.4 million) joint purchasing platform for critical minerals and energy, according to a European Commission source and a document seen by . Source who refused to give their…
US NatGas Demand Could Hit Record High
U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected to boost gas demand to a daily record high on Tuesday.Extreme weather has created havoc for power and gas markets in recent years as demand has come close to outpacing supply.In February 2021…
Portugal imports more US and Nigerian LNG in order to stop Russian supplies
The Portuguese government plans to buy more liquefied gas (LNG), mainly from the United States, and Nigeria to replace its already diminishing Russian supplies. This was announced by Environment Minister Maria da Graca Carvalho on Tuesday. Data from the electricity and gas grid operator REN show that Portugal will import 49…
CNPC: China's crude imports could grow by 1% in 2025
According to a report released by the state-owned energy giant China National Petroleum Corp. (CNPC), China's crude imports are expected to rise just 1% in 2019. The country's reliance upon oil imports, however, is projected to stay at 70% between 2026-2030. The Economics…
Argentina negotiates gas imports with Bolivia and Chile after heatwave increases demand
Bolivia and Chile have begun talks to resume gas exports to Argentina, amid a spike in demand sparked by a heatwave this summer. This highlights the challenges facing the government of Buenos Aires in its quest to become self-sufficient in energy. Armin Dorgathen Taia, the…
Document shows that ten EU countries have called for sanctions against Russian LNG and gas
A document obtained by revealed that ten European Union nations have asked the 27-nation group to ban the imports of gas from Russia. This comes as Europe is debating new sanctions against Moscow for its war in Ukraine. The EU is currently preparing its 16th set of sanctions against Russia's economic system…
US pressures EU to align LNG methane regulations
A letter obtained by showed that U.S. officials redoubled their efforts to convince EU counterparts that shipments of liquefied gas meeting current U.S. regulations on methane would automatically meet the new European standards for gas imports. On December 17, the administration of President Joe Biden sent a second email to Ditte J.
Are price movements a result of structural shifts? China's commodity imports are bifurcated: Russell
China's imports in 2024 of major commodities were a mixed bag. Iron ore, coal, and natural gas volumes reached record levels, while crude oil was weak. Raw data from the largest buyer of natural resource in the world suggests that some parts of the economy perform well, while others are struggling or are undergoing structural changes.
