Europe

Ukraine increases gas imports, transmission operator says

Ukraine increased gas imports over the weekend and on Monday to around 15.5 MMm3d, up from about 14.5 MMm3d during the previous week.

Nord Stream 2 agrees to debt restructuring deal, court says

A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors.

Spain's LNG imports from the U.S. soar, represent 35% of all gas supply

Imports of liquefied natural gas (LNG) from the United States rose to 35% of Spain's total gas imports in the first four months of this year from just over 20% a year ago, while imports of Russian LNG declined.

Russia, China discuss Beijing's participation in Russian LNG projects

Chinese companies' involvement in Russian liquefied natural gas (LNG) projects is being discussed by Russian and Chinese delegations at talks in Moscow.

U.S., Russia explore ways to restore Russian gas flows to Europe

With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent.

TurkStream gas pipeline could slow EU, Russia decoupling

The European Commission announced a revised roadmap to fully wean itself off Russian energy by the end of 2027, but some parts of Europe are moving in the opposite direction.

Slovakia and Hungary reject EU plan to phase out Russian gas by end-2027

Slovakia and Hungary on Wednesday condemned European Commission plans to phase out Russian gas and other energy imports, deepening a rift with Brussels over relations with Moscow.

Greensand begins construction on EU's first CO2 storage facility

Construction has begun on Greensand’s carbon dioxide transit terminal at Port Esbjerg in Denmark. Once operational, the liquefied CO₂ will be loaded onto a dedicated carrier and shipped to the INEOS Nini platform in the Danish North Sea.

ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts

Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.

Russia's LNG exports down 4.6% y/y in January–April

Russia's exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a year earlier to 10.4 MM tonnes (t), LSEG preliminary data showed on Monday, amid sanctions.

EU seeks to cut remaining Russian gas ties, but legal options limited

The European Union will on Tuesday announce a roadmap to phase out the bloc's remaining gas ties with Moscow, but in the absence of sanctions it will be difficult for buyers to exit gas contracts using legal options such as force majeure.

Maire subsidiaries awarded various contracts worth approximately $1.1 B

MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.

Europe gas: Prices rise on cooler weather, LNG competition from Asia

Dutch and British wholesale gas prices rose in early trading on Friday morning amid forecasts of higher demand as temperatures cooled, and in order to remain competitive against Asian buyers of liquefied natural gas (LNG).

LNG traders divert four U.S. cargoes from Europe to Asia

Four cargoes of liquefied natural gas (LNG) headed for Europe changed course to Asia in the last two weeks, after European prices fell below the Asian benchmark and opened up an arbitrage for deliveries eastward.

U.S. LNG exports surge to new highs on strong buying by Europe

U.S. exports of LNG so far this year have surged by > 20% from the same period a year ago, driven mainly by purchases by European nations, which accounted for over three quarters of total U.S. orders.

First European built offshore CO₂ carrier to be christened and launched on May 14

The vessel is specifically designed to transport liquefied CO₂ from onshore capture sites to offshore storage in the Danish part of the North Sea, as part of Project Greensand.

Snam completes commissioning of FSRU offshore Ravenna, Italy

The regasification unit BW Singapore, moored 8.5 kilometers offshore Ravenna, has successfully completed commissioning within the scheduled time.

INEOS and Covestro agree to 8-yr LNG linked gas supply agreement

INEOS and Covestro have announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness.

German gas storage operators criticize plan to implement EU rules

A draft proposal to change Germany's gas storage law to align filling levels with anticipated European Union regulations could be unfair to some operators and even squeeze supplies, their industry lobby INES said on Tuesday.

Asia's LNG demand stays muted in April while Europe eases

Asia's imports of liquefied natural gas (LNG) remained tepid in April while Europe's started to show signs of the usual seasonal easing as winter peak demand passed.

Amarinth installs new cryogenic pump at Air Products' Didcot, UK facility

Amarinth has successfully delivered a state-of-the-art cryogenic pump replacement to Air Products at its Didcot facility in the UK.

Germany's Wilhelmshaven gas terminal 1 to reopen shortly, operator says

Germany's Wilhelmshaven 1 liquefied natural gas (LNG) terminal is set to reopen shortly after completing scheduled repair work on the superstructure on the jetty of its transhipment facility last week, according to a note on operator DET's website.

U.S. LNG supplies to Europe will continue to increase, says U.S. Energy Secretary

U.S. liquefied natural gas (LNG) supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright said on Monday during a visit to the Polish capital Warsaw.

£2-B HyNet carbon storage project will provide massive jobs and net-zero boost

The North Sea Transition Authority (NSTA) has awarded three carbon storage permits to Eni for Liverpool Bay CCS, the carbon dioxide (CO2) transportation and storage system which will serve the HyNet industrial cluster.

Spain's national hydrogen network plan ahead of schedule

Plans to build a 2,600 km (1,615 mile) hydrogen network in Spain are advancing ahead of schedule and the infrastructure is on track to start operations in 2030, the chief of Spanish gas grid operator Enagas said.

Iran, Russia agree on 55 Bm3 of gas supplies, nuclear plant funding

Russia and Iran have reached a deal on 55 billion cubic meters of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged to fund construction of a new nuclear power plant in Iran.

Kremlin says Russia is not holding gas supply talks with Europe or the U.S.

The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine.

Europe gas: Prices little changed on healthy supply

Dutch and British wholesale gas prices were little changed on Thursday morning on healthy supply.

Ukraine's Naftogaz signs contract for 100 MMm3 of gas from Orlen

Ukraine's Naftogaz has signed a contract for a further 100 MMm3 of LNG deliveries from Poland's Orlen, bringing the total volume it will purchase from the Polish company to 300 MMm3.

EU looking at options to forbid new Russian gas contracts

The European Commission is assessing whether it could legislate to forbid firms in the European Union from signing new contracts for Russian fossil fuels. It is also working on legal options to allow EU companies to break existing gas supply contracts with Russia without facing penalties.

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