Natural gas storage
Gas Storages in Germany are 85 percent Full
Germany's gas storage facilities are already 85 percent full, meeting Berlin's October target levels, despite the prolonged shutdown of Russian Nord Stream 1 supplies.
This is according to data published yesterday by the European group of operators "Gas Infrastructure Europe", cited by Reuters and BTA.
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Gas Prices fell 18% on the Dutch Stock Market due to Profits and Full Storages
The stock price of gas on the ICE Futures site has fallen almost 20% so far, according to trading data. The price of September futures at the TTF hub in the Netherlands, which determines the pricing of the continent, as of 12:30 p.m. fell by 18.7%, reaching €275.8 for 1 MWh, or 83.83 per thousand cubic meters.
Germany raises gas alert level after Russia dwindles supply
Germany said yesterday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia.
Germany races to stockpile gas before winter
Germany's race to wean itself off Russian energy and stockpile enough gas before winter is playing out largely hidden from view, some 1,600 meters below ground in the foothills of the Bavarian Alps.
The former Bierwang natural gas field in Unterreit serves as one of Germany's largest underground gas storage facilities.
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Gazprom Increases Gas Supplies to Bulgaria by Nearly 44%
Gazprom increased its gas exports to Bulgaria by 43.8%.
The company's deliveries to foreign countries have increased to 171.5 billion cubic meters, which is 6.6% (10.6 billion cubic meters) more than in the same period in 2020.
Turkey ready to cope with greater energy demand in winter. Minister
Turkey is in a good position in terms of energy supplies compared to European countries amid the energy crisis that has exposed low stocks and skyrocketing energy prices, according to Turkey's Minister of Energy and Natural Resources Fatih Dönmez on Oct. 13.
Greece pushes back bid deadline for offshore gas storage facility
Greece has pushed back by a month a deadline for investors to bid for a contract to run an underground gas storage facility in the northern Aegean Sea.
Privatisation agency HRADF (or TAIPED), which manages the concession, said late on Tuesday that it had extended the deadline for initial bids to Sept. 30 from Aug. 31, without giving a reason for the delay.
Turkey has alternatives, energy minister says, amid sanctions threats from EU
The Salt Lake natural gas underground storage facility, the largest gas storage project in the world, is the greatest response to those uttering sanctions threats to Turkey in the east Mediterranean, Turkish energy minister has said.
Bids for stake in Hellenic Petroleum set for mid-March
Privatizations will speed up in the first half of the year, although we have entered an election period and the pace is expected to slow, Aris Xenofos, who heads the TAIPED sell-off fund, told the Athens Energy Forum on Monday.
Bulgarian Energy Holding Chief: We Discussed Option to Reduce the € 77 Million Fine
We have consultants with whom we have discussed the possibility of reducing part of the fine and returning it to the three companies, the head of the BBulgarian Energy Holding, Petyo Ivanov told BNT on 20th of December.