Fuel gas

Karpowership has announced that it signed a memorandum of intent (MoI) with Brazil's Petrobras to combine their respective expertise in the natural gas and power sectors.

Italgas sees prospects for significant development of the Greek natural gas market, after fully controlling the Greek medium and low pressure network since September 2022, with the completion of the acquisition of DEPA Infrastructure.

The cheap Russian natural gas that enters Greece from Sidirokastro, in Central Macedonia, through the TurkStream pipeline, put liquefied natural gas loads off the market in April.

Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova, head of the company's pricing department, the expected reduction could range between 5 to 6% compared to the current rate, currently set at BGN 58.84 per MWh (excluding access, transmission, excise, and VAT).

Türkiye is in talks with U.S. energy company ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas (LNG), Energy Minister Alparslan Bayraktar has told the Financial Times.

Türkiye is seeking to build a "new supply portfolio" that will make it less reliant on any single partner, the minister told in an interview with the newspaper.

Author: Vitalie Platon

The divorce of Helleniq Energy and Edison after 15 years of their joint venture in the field of the electricity market is now taken for granted.

Natural gas prices have seen a steady decline in recent months, largely attributed to an oversupply of the blue fuel following a milder-than-anticipated winter season worldwide.

Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of US-origin liquefied natural gas (LNG) for the first time on Monday and Tuesday. Moldova relied almost exclusively on Russian gas under a deal with state-controlled Gazprom but stepped up diversification efforts following Moscow's full-scale invasion of neighbouring Ukraine two years ago.

Türkiye imported a total of 50.48 billion cubic meters (bcm) of natural gas last year, down 7.64 percent from 2022, according to the data from the Energy Market Regulatory Authority (EPDK).