Fuels

Greek shippers take lead in LNG sector

The imposition of new environmental regulations for the consumption of low-sulfur fuel by oceangoing vessels has seen the liquefied natural gas (LNG) market take center stage in global shipping, with Greek shippers recently overtaking the Japanese as the top owners, after ordering a large number of vessels since 2018, according to a VesselsValue report published on Wednesday.

Transgaz SA inaugurates Jupa Natural Gas Compression Station, part of the BRHA project

SNTGN Transgaz SA inaugurated, on Monday, the Jupa Natural Gas Compression Station, which is part of the BRHA project, the Ministry of Economy informs. The value of the execution contract at August 31, without maintenance, for the Jupa STC is of 103.56 million lei. The value of the two compression units installed at the Jupa STC is of 12.6 million euro.

FPPG: Romania is the largest natural gas producer in Eastern Europe

Romania is the largest natural gas producer in Easter Europe, with an average natural gas production in recent years of about 11 billion cubic meters, the Oil and Gas Employers' Federation (FPPG) stated. "Today, 13 September, we are celebrating the Day of the Romanian Gas Worker.

By the end of 2020, the First Hydrogen Refueling Stations Should Be Operational in Bulgaria

By the end of 2020, the first stations for charging cars with hydrogen should be built in Bulgaria, and by 2030 their number could reach 50. This is envisaged in a special ordinance draft, announced the press centre of the Ministry of Regional Development and Public Works (MRDPW).

Plan to turn lignite plants into energy storage units

The European Commission is examining the possibility of turning Western Macedonia in northern Greece into an electrical energy storage center for the Balkans, in cooperation with the World Bank and companies that are seeking opportunities for the commercial development of unfledged or pilot technologies for energy storage.

Indonesia has Тhreatened to Impose Higher Duties on EU Dairy Products

The Indonesian Ministry of Commerce has threatened to impose higher tariffs on EU dairy products in response to the proposed measure by the bloc on palm oil biodiesel, the BTA quoted France as saying.

The warning could exacerbate the trade dispute between the EU and Indonesia, which is the world's largest producer of palm oil. The EU plans to reduce palm oil-based biofuels by 2030.

Mytilineos Group overtakes DEPA as major LNG importer in 2019

Private Greek industrial group Mytilineos has overtaken incumbent DEPA to become the country's biggest LNG importer this year, the first time in history that an independent company has knocked the state-owned company from the top spot, ICIS an information platform on petrochemicals and specifically on energy issues, fertilisers and other commodities said in a report.

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