Türkiye sets record for LNG imports
Türkiye has been importing at least 2 million tons of LNG for the third month in a row. Deliveries in February reached a record high.
gas prices
Gas prices in EU soar in anticipation of Ukrainian transit halt
Gas prices in Europe rose to their highest since November 27, 2023, $536 per 1,000 cubic meters during exchange trading, amid expectations that Russian gas transit through Ukraine will cease on January 1, according to data from the London ICE …
Europe’s traders watch for sub-zero gas price
Some European short-term natural gas prices could briefly dip below zero this summer if sluggish demand doesn’t catch up with a growing supply glut, Bloomberg reported. Such an event - where producers effectively pay …
Gas price in Europe drops below $450
The price of gas in Europe at exchange trading fell below $450 per 1,000 cubic meters for the first time since the end of July 2021, according to data from London’s ICE exchange. The price of April futures at the TTF hub in the …
Europe stuck with huge stockpile of natural gas
Europe has managed to avert an energy crisis thanks to a warm winter. But countries in the region hoarded natural-gas supplies last year on fears of a shortage. Storage facilities are now at their highest levels in years - but natural-gas prices have tanked.
EU gas exchange prices drop below $610
Exchange gas prices in Europe fell by 15% on Monday, below $610 per 1,000 cubic meters for the first time since September 2021, with the capacity of European underground storage facilities (UGS) remaining at a high level of 81.49%. …
Gas price in Europe falls below $650
The price of gas in Europe fell below $650 per 1,000 cubic meters on Monday for the first time since the beginning of September 2021, according to London’s ICE. The price of February futures at the TTF hub in the Netherlands fell …
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 …
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 …
Lower wind generation, cooler weather send gas price in Europe up
Wind power generation in Europe has fallen sharply, by as much as half, and spot prices for gas and gas withdrawals from storage facilities have risen as a result. Wind power generation fell below 8% of the European energy mix on …
Israel gives Qatar OK to drill in Lebanese cross-border gas reservoir
Israel authorized a Qatari company to be involved in drilling for natural gas in the Kana-Sidon Reservoir
Qatar seals 27-year LNG deal with China
as competition heats up
EC to present final draft of gas price ceiling on November 24
The European Commission (EC) has prepared a draft document that includes a mechanism for introducing a dynamic ceiling on natural gas (NG) prices. The final version will be presented at the EU summit on Nov. 24, Italian Environment and Energy …
Türkiye to become center where natural gas prices will be determined
Turkey expects to play a key role in the pricing of natural gas once the hub on its territory is opened, Minister of Energy and Natural Resources Fatih Donmez said in an interview with the TRT TV Channel. "Turkey will not just …
EU dims hopes for price cap to contain soaring gas costs - report
The European Union’s executive signaled it does not see a price cap on imported natural gas as the best tool to rein in an unprecedented energy crisis and instead suggested a plan that would spread the soaring costs over …
Georgian energy regulator says gas tariff to stay unchanged
The Georgian national energy and water supply regulatory commission has responded to "false information" that alleged an anticipated increase in natural gas tariffs in December, saying the report is "not true and a deliberate …
Gas price in Europe drops below $1,100
The price of gas in Europe fell below $1,100 per 1,000 cubic meters for the first time since June 15, according to London’s ICE. The November futures price at the TTF hub in the Netherlands fell to $1,090.5 per 1,000 cubic meters …
Gas prices in Europe fall below $1,400 first time since late June
The price of gas in Europe on Monday fell below $1,400 per 1,000 cubic meters for the first time since the end of June, according to London’s ICE. The price of November futures at the TTF hub in the Netherlands fell to $1,351 per …
Miller: limits on Russian gas prices to be catastrophic for EU
The decision to set a price cap for Russian gas in Europe, if such a decision is made, will be a violation of the contractual terms and will entail the termination of supplies, the head of Gazprom, Alexey Miller said in the …
Black market exchange rates for fuel to be used in Lebanon
Lebanon central bank stops fuel subsidies, prices set to rise
