Europe

Russian gas supplies to China may soon match exports to West Europe

Russian pipeline gas supplies to China may soon match volumes sent to Western Europe.

European LNG: The current market and its future

10/18/2023

The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.

Work on Europe's largest carbon capture site to start in Rotterdam next year

Construction of Europe's largest carbon capture and storage facility will begin in the Rotterdam port area next year.

Some of lost European gas demand may be gone for good

The chief executive of Vitol, the world's top independent energy trader, said that some of the lost demand for gas in Europe following a recent spike in prices may be gone for good.

Italy's Eni, Britain agree to rules for carbon capture project

Italy's Eni said it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage projects under development in the country.

Russia-China oil and gas cooperation in focus as Putin visits Xi

Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.

FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation

FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.

Trinidad to sign Atlantic LNG restructuring agreement next month

An agreement to restructure Trinidad and Tobago's flagship LNG project will be signed by its owners in London next month.

Finland to restrict access to LNG port after gas pipeline damage

The Finnish government said on Friday it will tighten access to key parts of the country's Inkoo port, where a vessel to import LNG was installed late last year.

Finland's new LNG terminals can compensate for Balticconnector pipeline loss

Two new terminals for importing LNG to Finland have enough capacity to cover peak winter demand, making up for supply lost via the damaged Balticconnector pipeline.

How does Norway export its natural gas?

Norway is Europe's largest gas exporter, exporting more than 120 bcm of gas in 2022 via a network of subsea pipelines to consumers, such as Britain and Germany. In addition, it ships LNG.

QatarEnergy, TotalEnergies sign 27-year LNG supply agreement

Qatar secured its largest and longest European gas supply deal from Doha's massive production expansion project, providing France with up to 3.5 million metric tons of LNG a year for 27 years.

Eni and partners to decide on Mozambique LNG investment by mid 2024

Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year.

TotalEnergies Marine Fuels completes first LNG bunkering for Angelicoussis Group's dual-fueled vessels

TotalEnergies Marine Fuels has recently completed its first LNG bunkering operations for two new, dual-fueled vessels owned by the Angelicoussis Group following bilateral short-term supply deals struck on the spot market, signaling the growing maturity of the lower-carbon marine fuel.

Putin says Germany is shooting itself in foot by not buying Russian gas via Nord Stream 2

Russian President Vladimir Putin said that Germany's refusal to certify the Nord Stream 2 pipeline and buy Russian gas from it did not make economic sense for Berlin which was instead paying much more for U.S. LNG.

ABB applies electrical expertise at major green hydrogen site in Denmark

ABB has been contracted by Danish company H2 Energy Esbjerg ApS to provide basic electrical engineering for the power distribution from grid point of connection to electrolyzers, and for other process equipment at its 1 GW hydrogen production facility in Esbjerg and hydrogen distribution hub in Fredericia, Denmark.

Spot LNG prices languish ahead of seasonal demand uptick

The price of spot liquefied natural gas remains in a pre-winter lull, but there are some signs that demand for the super-chilled fuel is starting its usual seasonal increase.

BASF first to commercially produce metal-organic frameworks for carbon capture

BASF is the first company to produce metal-organic frameworks on a production scale of several hundred tons per year.

Russia starts gas supplies to Uzbekistan via Kazakhstan

Russia started supplying natural gas to Uzbekistan via Kazakhstan, marking the occasion with ceremonies in Moscow and elsewhere attended by the presidents of the three countries and shown on state TV.

Spain's gas imports from Russia fall sharply in August

Spain's gas imports from Russia tumbled 40.7% in August from the same month a year ago as the Iberian country imported 11.2% less gas overall during the month.

French gas operators say supplies sufficient for harsh winter

France will have enough gas supplies for the winter even in the event of severe cold weather in a further indication that Europe's second-biggest economy has managed to diversify its sources from Russia.

Foreign traders boost gas reserves in Ukrainian storage

Foreign traders have increased the volume of natural gas in Ukrainian underground storage to 2.2 bcm as of Oct. 6 from 1.8 bcm in mid-September.

Vietnam sees no gas from Exxon, Gazprom projects for years

Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas.

UAE's ADNOC awards $17 B in contracts for gas project

ADNOC said it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.

Prices down on healthy storage, strong LNG flows

Dutch wholesale gas prices fell morning amid solid European storage levels, high Norwegian supply, strong flows of LNG and mild weather.

RWE CEO says gas supply problems still a risk

Germany must speed up construction of gas import infrastructure to avoid supply squeezes, the CEO of the country's largest utility told news outlet WirtschaftsWoche, adding the risk of soaring energy prices had not been fully contained.

Moldova introduces free gas transit to Ukraine for winter supplies

Moldovan authorities have enacted regulations calling for free transport of European gas to and from storage facilities in neighboring Ukraine to ensure the country's winter needs are met.

MAIRE awarded $8.7-B contract by ADNOC for the onshore portion of the HAIL and GHASHA development project in Abu Dhabi

MAIRE announces that Tecnimont, part of the Integrated E&C Solutions business unit, signed a Letter of Award with ADNOC for the onshore processing plant of the Hail and Ghasha Development Project.

Moldova could buy Russian gas if conditions are right

Moldova has not used Russian gas since late last year, but it is keeping open the option of buying supply from Gazprom if conditions are right.

MET Group sets up LNG trading office in Singapore

Switzerland-based energy trader MET Group said it has set up an office in Singapore to focus on LNG trading as well as asset investments in what will be its first office in Asia.