Liquefied natural gas
Wholesale energy dives but bills remain sky high
Plunging wholesale gas prices have sparked speculation of an end to Europe's energy crisis, but consumers' electricity and gas bills remain sky high, fueling runaway inflation.
European benchmark Dutch TTF gas price has shed 18 percent since the start of this year as unusually warm winter weather depresses demand and encourages stockpiling.
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Gas consumption drops in Greece in December
Natural gas consumption decreased in December in Greece, falling to 5.05 terawatt-hours, or the second lowest level for the corresponding month in the last six years, after December 2019.
At the same time, consumption for the entire year reached 56.5 TWh, reduced by 19.2% compared to 2021.
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Warm Weather and Wind Power Generation favor the Gas Situation in Europe
European countries continue to draw blue fuel from underground natural gas (GNG) storages at minimal rates, and wind power generation in the region exceeds 30% of the total, reaching one of the highest levels since 2022, data from Gas Infrastructure Europe shows and the European Wind Energy Association.
Bulgaria will Conclude a Memorandum with Greece to Guarantee the Security of Supplies and Storage of Gas
One or more Greek suppliers of the Greek national natural gas transmission system to register as users of the Bulgarian transmission system, and one or more Bulgarian suppliers to reserve slots and storage capacity, as well as regasification capacity in Greece - this is provided by a memorandum of understanding between the energy ministries of the two countries, approved by the caretaker govern
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 signs deal to use Türkiye's gas terminals
Bulgaria on Jan. 3 gained access to Türkiye's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.
Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Türkiye's terminals for liquefied natural gas.
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Bulgaria signs deal to use Turkey’s gas terminals
Bulgaria on Tuesday gained access to Turkey's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.
Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Turkey's terminals for liquefied natural gas.
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Bulgaria: Increase in Price of Gas for January, a Jump of 22.7% compared to December
"Serbia will receive 160 million euros of direct budget support from the EU" VIDEO
President of Serbia, Aleksandar Vui, and the President of the European Commission, Ursula von der Leyen, visited the works on the construction of the Serbia-Bulgaria gas interconnector.
Europe faces long-term pain from energy crisis: Shell CEO
Europe faces painful "industrial rationalisation" due to its energy crisis that risks political trouble, the head of Shell warned Sunday, as the oil giant joined a natural gas project in Qatar.