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.
Lithuania has completely abandoned Russian gas: Lithuania’s gas transmission system has been operating without Russian gas imports since the beginning of this month.
The Netherlands will extract more gas from fields in the North Sea in the coming years.
The Trans Adriatic Pipeline AG announces that a total of 10 billion cubic meters (bcm) of natural gas from Azerbaijan has now entered Europe.
Russia’s invasion of Ukraine has multi-level implications for the Russian gas sector.
TotalEnergies said on Tuesday it would “no longer provide capital for new projects” in Russia.
This was announced by German Chancellor Olaf Scholz at a special session of the Bundestag on 27 February 2022 addressing Russia’s attack on Ukraine.
Germany’s Alternoil said its network of LNG refueling stations in the country continues to grow with the recent opening of three new stations.
The TAP project enhances the security and diversification of gas supplies in the European market.
Today, the natural gas price stands at €80, compared to €18 a year ago. Prices for next winter are expected to remain at a similarly high level, according to current estimations.