Bulgaria and Greece have completed a new pipeline which will allow Bulgaria to import natural gas from Azerbaijan and Gastrade’s FSRU-based Alexandroupolis LNG import project.
Poland’s company GAZ-SYSTEM has completed technical acceptance of 41 km of the Niechorze-Płoty gas pipeline, i.e. the main part of the section connecting the offshore gas pipeline to the national transmission system.
Spanish LNG terminal operator Enagas has signed a memorandum of understanding with Albanian state-owned firm Albgaz to cooperate in natural gas and LNG projects.
PGNiG Upstream Norway AS has signed an agreement with Wellesley Petroleum AS for the purchase of shares in the Ørn gas field in the Norwegian Sea.
Albania’s natural gas supplier Albgaz and Bulgaria’s Overgas signed a MoU to cooperate on projects that will diversify natural gas supplies in the Balkans.
Adjusted EBIT increased to EUR 225 million. VNG made progress in the areas of biogas and hydrogen.
As of 4 May, the company has entered into a sale and purchase agreement to acquire Edison’s 11.25% participating interest in the Reggane Nord natural gas project.
Amidst a global energy transition, the financial and social outlook of oil and gas companies is undergoing an extraordinary transformation.
The Lithuanian-Polish gas pipeline GIPL, which became operational in May, ended the energy isolation of the Baltic States and Finland, integrating the countries into the EU’s single gas network.
Polskie Górnictwo Naftowe i Gazownictwo SA announces that Gazprom has halted all natural gas supplies under the Yamal contract.