Gazprom CEO Alexey Miller does not rule out the possibility of increasing the volume of gas transit through the territory of Ukraine above its current obligations after the expiration of the contract for pumping gas in 2024.
The Board of Directors of PAO NOVATEK resolved to create a subsidiary called NOVATEK – LNG Fuel, which will construct small-scale LNG plants, facilitate LNG wholesale markets and develop a retail network for LNG as a motor fuel.
As of October, Russian gas will start flowing through Serbia to Central Europe, bypassing Ukraine. All because of the Balkan Stream pipeline, which is an extension of the Turkish Stream.
In January-June 2021, Gazprom produced 260.8 bcm, which is 18%, or 39.8 bcm, more than in the first half of 2020.
OMV Petrom has obtained a license to commercialize liquefied natural gas, thus diversifying its activities on the gas market and related products.
GTSOU said that orders for short-haul services had reached 3 million cu m due to increased demand for gas in Europe.
LNG consumption as a marine fuel has accelerated in recent years, achieving a five-fold volume growth in less than five years, reaching 1.5 million tons in 2020 and almost doubling from 2019.
Klaipėdos Nafta, the operator of oil and LNG terminals, has completed the annual procedure of allocating LNG terminal capacity for the new gas year.
The field is located 80 km to the south-west of Atyrau, the reservoir lies below the shallow waters of the northern part of the Caspian Sea.
Gasrec is celebrating a milestone achievement with Grain LNG after collecting the 10,000th tanker load of LNG from the National Grid facility on the Isle of Grain.