OpenCalais Metadata: Ticker


EU with Higher Solar and Wind Energy Production in 2022 than Gas

In 2022, solar and wind power account for around 22% of EU electricity generation, the highest share in the EU to date. At the same time, the production of electricity from gas represents 20%, which is 1 pp. less than in 2021. This is reported by DPA, referring to a study by the Ember think tank.

Europe will return to Russian gas, says Qatar energy boss

 European countries will eventually resume higher imports of Russian gas, Qatar's energy minister and gas company CEO predicted on Saturday, warning that market volatility could last for years.    

Russian gas exports to Europe plunged after Moscow's invasion of Ukraine but Saad Sherida al-Kaabi, head of QatarEnergy, said the situation could change in the future.    

Azerbaijan Confirmed the Supply of 12 Billion cubic meters of Gas to the EU in 2023

Azerbaijan has confirmed the supply of 12 billion cubic meters of gas to the EU in 2023, DPA reported, quoted by BTA.

The country will export a total of 24 billion cubic meters of gas in 2023, half of which will go to Europe, Azerbaijani President Ilham Aliyev said on state television.

So far, 8.1 billion cubic meters have been delivered annually.

Gas Prices in Europe Fall below 70 Euros/MWh for the First time since the Beginning of Russia’s Invasion of Ukraine

Natural gas in Europe continues to fall in price at the start of the new year, falling below €70 per megawatt-hour (MWh) for the first time since the beginning of the military invasion of Ukraine, which Russia launched on February 24, 2022.

Bulgaria’s Defense Minister: Putin is an Aggressor, I hope Ukraine will Turn the Tide of the War

Acting Minister of Defense Dimitar Stoyanov confirmed the information that Ukraine is making a counteroffensive in the military clash with Russia. According to him, it is still too early to say whether the tide of the war has been turned.

Ukrainian general reported that his troops were advancing north towards the Russian border. Read more here.