Liquefied natural gas
Cyprus aims to complete Vasilikos LNG terminal by year’s end
Cyprus aims to complete construction of the liquified natural gas (LNG) terminal in Vasilikos by the end of 2024, Energy Minister George Papanastasiou said on Monday.
The terminal is part of the EU's Projects of Common Interest (PCI) scheme, with €101 million in funding.
US Sees Gas Pipeline Through Bulgaria as Key Energy Initiative in Region
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region.
Kovacevic: Gas interconnectors strengthen Serbia's position as transit country
BAKU - State Secretary at Serbia's Ministry of Mining and Energy Veljko Kovacevic said on Friday in Baku that, by completing a natural gas interconnector with Bulgaria, Serbia had attained the possibility to connect to various gas supply sources, which he noted could improve its energy security and bolster its position as a gas transit country.
Natural gas imports down nearly 8 pct last year
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).
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History in the making as Alexandroupoli FSRU receives first shipment of US LNG
On February 18th the floating storage regasification unit in Alexandroupoli received its first test shipment of US liquefied natural gas. In other energy news, it looks like decision time has come for hydrocarbon surveys off Crete.
Testing stage at FSRU facilities in Alexandroupoli begins
A photo taken by drone shows the transshipment procedures of the first cargo of liquefied natural gas (LNG) at the Floating Terminal in Alexandroupolis, northern Greece, 21 February 2024.
Europe's Energy Evolution: Declining Gas Demand and Renewable Growth
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade.
First gas load to Alexandroupoli FSRU
Two months after it was moored in the Thracian Sea, the floating natural gas storage and regasification unit (FSRU), named Alexandroupolis, will on Friday receive its first liquefied natural gas (LNG) cargo.
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February Brings a Drop in Bulgarian Natural Gas Prices
The Energy and Water Regulatory Commission (EWRC) has approved a substantial 8.4% reduction in the price of natural gas for February, setting it at BGN 71.08 per megawatt-hour (MWh). This significant drop from January's approved price of BGN 77.60 MWh is poised to bring tangible benefits to Bulgarian consumers.
Bulgaria-Turkey Gas Network Deal: Bulgartransgaz and Botas Unite
"Bulgartransgaz" and Turkey's gas transmission system operator, "Botas," have officially signed an Agreement for the interconnection of the Strandja - Malkoçlar point, marking a key milestone in fostering the diversification of natural gas sources.