Natural gas

DEPA wins gas supply contract in Moldova

DEPA Commercial is among the winners of an auction for the supply of Moldova with natural gas.

The auction, held by Energocom, covers a significant part of natural gas supply of the Moldovan market during the summer period, with the product to be delivered in the Isaccea/Orlovka interconnection point between Romania and Hungary.

Nicosia eyes shipping corridor for gas exports

Cyprus wants to establish itself as a gateway from East Mediterranean gas resources to Europe via a shipping corridor of LNG carriers, its president said on Monday. 

Cyprus' new centrist government, which came to power in February, has cooled to the idea championed by its predecessors of an "EastMed" pipeline transferring gas to Europe. 

Nicosia resolute on gas plans

Cyprus' minister of energy, George Papanastasiou, has affirmed Nicosia's commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions.

More natural gas exploration planned in Black Sea: Minister

Türkiye will conduct exploration activities for natural gas off the coast of the province of Ordu in the Black Sea, Energy and Natural Resources Minister Fatih Dönmez has said.

Drilling in this area will begin by the end of 2023, Dönmez said in an interview with private broadcaster CNN Türk. "We are hoping to find natural gas there."

Nicosia at odds with Eni boss

The Cypriot government says it does not share views on East Med gas made by Eni boss Claudio Descalzi, who told Italian lawmakers an Eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other firms willing to take the risk.

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