Monday, December 23, 2024

Gassco News

EUROPE GAS: Prices firm for cold weather, low winds and Norway outages

Dutch and British wholesale prices for gas were slightly higher on Wednesday morning, as a cold snap and low winds supported demand while unplanned outages reduced some Norwegian supply.

EUROPE GAS-Prices firm as temperatures drop

Dutch and British wholesale price rose on Monday morning due to the colder weather forecast. LSEG data shows that the benchmark front-month contract for the Dutch TTF Hub…

Prices of EUROPE Gas are lower as Middle East Risk Premiums recede

Dutch and British wholesale prices of gas fell on Monday, as the market reduced its Middle East premium following Israel's weekend retaliation attack against Iran and forecasts for milder weather.

Prices for gas in Europe remain stable as the market balances cold weather risks and supply.

Dutch and British wholesale price were slightly higher but mostly stable on Wednesday morning, as forecasts suggested colder temperatures in November. Outages in Norway…

Equinor is preparing to assess Sleipner B damages

Equinor, a Norwegian company, said it would survey the damage to its Sleipner B platform in the North Sea on Wednesday. The platform was closed late Monday night after a…

Prices of gas in Europe are falling due to a weaker demand and stronger forecast winds

Dutch and British wholesale price fell slightly on Friday morning due to continued high temperatures, lower demand and the expectation of higher wind output. LSEG data shows…

Gas prices in Europe are falling, but the Middle East premium is still there

The Dutch and British wholesale prices of gas fell on Thursday morning, but they remain close to their highest levels in a week as fears persist about disruptions in gas…

Gas prices in Europe are correct after a 3-week high

Dutch and British wholesale prices of gas fell on Thursday amid forecasts for more wind energy generation. This was a correction from the three-week high that they had reached…

EUROPE GAS - Prices rise on geopolitical concerns and colder weather

Dutch and British wholesale prices of gas rose on Monday, due to the uncertainty surrounding gas flow, the colder weather forecast at the end the month, and minor delays in Norwegian maintenance.

As Norwegian maintenance curtails supply, the price of EUROPE GAS is on the rise

The wholesale gas price in the Netherlands and Britain increased slightly on Thursday as Norwegian maintenance ramped up. The benchmark front-month contract for the Dutch…

Prices for gas in Europe are lower due to steady Russian and Norwegian supplies

The wholesale gas prices in the Netherlands and Britain fell on Thursday morning, as supplies from Russia via Ukraine remained constant. Intercontinental Exchange (ICE)…

After a 1-month low, the price of gas in Europe has seen a small increase.

The Dutch and British wholesale prices of gas traded slightly higher on Thursday morning, after having hit a one-month low the day before. This was due to full storages…

Gassco Urges to Boost Barents Sea Gas Export

Norwegian state-owned natural gas pipelines operator Gassco published a study saying that  it could be profitable to increase the transport capacity for gas.According to…

Østensjø Rederi Bags New Contracts

Norway-based international provider of marine services in the offshore and towage sectors Østensjø Rederi has been awarded a contract by a major European energy company…

Norway Eyes Offshore Wind to Power Gas Plant

© Byron Moore / Adobe Stock

Norwegian gas system operator Gassco and Canadian energy firm Enbridge are working on reviving a 350 megawatt (MW) offshore wind project to boost power supply security at Norway's Nyhamna gas processing plant…

Norway's Gas Exports Set to Match Annual Record

Emden terminal (Photo: Gassco)

Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017…

Norway's 2017 Pipeline Gas Exports up 8 pct

Norway's pipeline exports of natural gas to Europe rose by eight percent in 2017 to a record of 117.4 billion standard cubic metres, pipeline systems operator Gassco said in a statement on Thursday.

Statoil Works to Restart Troll A Gas Platform

Norway's Statoil is working on start-up procedures to restore gas production from its Troll A platform in the North Sea, which was shut on Tuesday following a power outage and a related gas leak…

Statoil, Partners to Boost Capacity at Troll Field

Aker Solutions awarded contract to boost output capacity; Troll is Norway's largest gas field. Norway's Statoil and partners are working to increase the output capacity of Troll…

Gassco Plans Repairs at Kollsnes Gas Plant

Norway's largest gas processing plant, Kollsnes, is expected to return to full capacity before the winter gas season in Europe starts on Oct. 1, a spokesman for gas system operator Gassco said on Wednesday.