Natural gas

Imports of liquefied natural gas (LNG) are hampered by the decision of the Regulatory Authority for Energy over the pricing of the natural gas network, reversing the strategic advantages of the Revythousa terminal for the broader region and depriving Greek enterprises of a relatively cheap source of energy.

Serbia has taken delivery of the pipes it will use to construct its section of the TurkStream pipeline to carry Russian natural gas to Europe, the country's energy minister said on May 21.

The number of new liquefied natural gas-powered vessels will almost double around the globe this year, as the deadline for slashing the sulfur content of bunker fuel is fast approaching, but their further increase to significant figures greatly depends on the improvement of infrastructure, a senior market monitoring official tells Kathimerini English Edition.

Kathimerini reports that stakeholders in the Aphrodite gas field have agreed to commit natural gas from Cyprus' Block 12 to Egypt's LNG facilities from where it will be exported to international markets. A few legal details remain and are expected to be clarified within days.

This amalgamation of factors has put great pressure on the 35 per cent of the electricity mix of Romania that relies on hydrocarbons - coal plus gas.

Against the backdrop of the cost problems facing Romanian coal production, the risk of a tumultuous and disordered energy transition is increasing.

From the beginning of next year, Bulgaria will be able to import up to a billion and a half cubic meters of natural gas from Romania. This was reported during the energy conference in Sofia dedicated to alternative sources of blue fuel.

The topic of liquefied natural gas is important for Bulgaria and the region. Our country is still dependent on a gas supplier and so our efforts are for Bulgaria to become independent in terms of supply, said Temenujka Petkova.

The international forum "Unlocking the Business Potential of Eastern European Gas Markets - Competition, Alternatives, Markets, Projects, Security through Diversification" will begin today in Sofia.

The organizers are the Institute for Energy Research in Washington and the Center for Balkan and Black Sea Studies.

The interest in the free of charge DESIREE GAS project is high, with the applications submitted to date in the whole country totaling 6,753, Energy Minister Temenujka Petkova announced in response to a request from MPs under today's parliamentary scrutiny. The projects of 4,637 households are completely finished, she added.

Two cash dispensers were targeted in the early hours of Thursday in separate parts of the Greek capital by unknown assailants who blew open the machines and made off with the money inside.