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 …
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 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.
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%. …
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 …
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 …
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 …
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 authorized a Qatari company to be involved in drilling for natural gas in the Kana-Sidon Reservoir
as competition heats up
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Lebanon central bank stops fuel subsidies, prices set to rise
President Aliyev reveals plans to double gas exports to Europe
The spot price of gas in Europe has risen 30% to almost $2,900/1,000 cubic meters due to the continued shutdown of the Nord Stream pipeline from Russia. TTF October futures have risen to $2,855 per 1,000 cubic meters since the start of …
