The French energy company announced in early April that it had completed its first operation to transport liquefied natural gas using the railways.
Due to limited production, Europe has long been dependent on natural gas imports from other countries, with the largest volumes of EU gas traditionally flowing from Russia.
The EUGAL pipeline in Germany, the onshore extension of the Nord Stream 2 gas pipeline, can now move up to 55 billion cubic metres of natural gas per year.
Polish Oil and Gas Company (PGNiG) received the fifth cargo of liquefied natural gas at the LNG reloading station in Klaipeda.
The Russian government has adopted a long-term programme to develop the LNG sector, envisioning a massive (triple, some sources say) increase in production over the next fifteen years.
Chairman of Russia’s Gazprom Supervisory Board Viktor Zubkov stated with confidence that the Nord Stream 2 gas pipeline would be completed this year.
Polskie Górnictwo Naftowe i Gazownictwo SA and the Naftogaz Group, Ukraine’s national oil and gas company, signed a Memorandum of Understanding regarding cooperation in exploration of hydrocarbon resources and gas production in Ukraine.
Several countries dominate the world’s natural gas supply, with total production reaching around 4 trillion cubic metres in 2019.
The British government outlined an agreement with the fossil fuel industry to move away from extracting oil and gas from waters around the UK.
The Russian oil and gas giant closed the last year with a massive loss – the equivalent of $9.3 billion.