14th package of sanctions imposed against Russia
The EU Council said that today it had approved the 14th package of sanctions against Russia. "The new …
LNG
Russian LNG ban - who to be hit by new EU sanctions?
The import of Russian liquefied natural gas (LNG) could be banned in the next EU sanctions package. EU countries will take weeks to hammer out the next set of sanctions against Russia, EU diplomats said.
Türkiye intends to liquefy Russian gas and sale to West
Türkiye plans to start supplying Russian gas to Europe, sources in the Turkish Ministry of Energy confirmed. One of the ministry's officials recalled that Turkey has gas reserves in the Black Sea, it also has gas coming …
Türkiye to trade imported LNG
Türkiye will begin trading liquefied gas imports. The law on this was adopted by the country's parliamentarians.
What does Red Sea crisis mean for Russian oil and gas?
A surge in oil tanker earnings extended as the disruption to traffic through the Red Sea lifts the cost of hauling some barrels. Rates for vessels carrying fuel from the Middle East to Asia have almost tripled since the United States …
Russia became China's main oil supplier in 2023
Russia is increasing its energy exports to China
Pakistan to purchase LNG from Azerbaijan
Azerbaijan starts supplying liquefied gas to Pakistan. The parties signed an agreement for a year.
Russia's liquefied gas imports to Georgia up 87%
Liquefied gas supplies from Russia to Georgia soared by 87.7% in the first quarter of 2023 year-on-year, the Union of Georgian Importers of Petroleum Products reported on Wednesday. "In January-March 2023 imports of …
Russian LNG imports to Georgia up almost 50%
Liquefied gas supplies from Russia to Georgia soared by 47.9% in January-February 2023 year-on-year, the Union of Georgian Importers of Petroleum Products reported. "In January-February 2023 imports of liquified gas amounted to …
Russian gas exports down 25%
Russia’s gas exports were down 25.1% to 184.4 billion cubic metres (bcm) in 2022 due to sabotage on the Nord Stream gas pipelines and European customers shunning Russian supplies, Deputy Prime Minister Alexander Novak said in an article for …
China to warm up Europe by changing its own energy policy
Beijing's energy policy will indirectly support Europe. A post-Covid economic rebound will increase the country's appetite for liquefied natural gas, which Europeans covet after shunning supplies from Russia amid the Ukrainian crisis
Europe's focus on LNG destabilizes market
In 2022, global liquefied natural gas volumes hit a record high, driven by Europe’s scramble to replace Russian pipeline gas
Europe’s warm winter may not be such good news for energy
The last month has been a month of celebration in the European Union. Gas demand is down because of the unusually warm weather. As a result, prices are down, and the crisis, according to analysts, appears to be averted. The problem is that …
Qatar looks to revive stock market by reducing its economy dependence from gas
Qatar’s stock market is set to welcome its first initial public offering
Why Berdimuhamedov goes to China we may not find out
Today, Turkmen President Serdar Berdimuhamedov will travel to China at the invitation of Chinese President Xi Jinping
Russia increases LNG supplies to China by 39%
In January-November deliveries of liquefied natural gas (LNG) from Russia to China soared year on year by 39% (up to 5.82 million tons), the General Administration of Customs of the People's Republic of China said. According to the …
Europe’s energy crisis is just beginning
Despite successfully filling its gas storage ahead of winter this year, Europe’s energy crisis is far from over
First floating LNG terminal built in Germany
Germany's first floating terminal for liquefied natural gas was opened today in Wilhelmshaven. The ceremony was attended by Chancellor Olaf Scholz, Vice Chancellor, Minister for Economic Affairs and Climate Protection Robert Habeck and …
Global LNG-Asian spot prices rise on as cold weather boosts demand
Asian spot liquefied natural gas (LNG) prices rose this week as a cold snap boosted winter demand and sent some Chinese players back to the market, narrowing the spread with Europe, where gas demand for heating rose above 2021 levels. The …
US intends to continue supplying LNG to Europe
The USA plans to supply European countries with liquefied natural gas (LNG) so that its reserves are enough for the winter. This was stated by US Deputy Secretary of Energy David Turk at a forum in Washington, DC, organized by the Aspen …
