Despite a memorandum signed during President Putin’s visit to China, experts note pricing disputes and complex logistics could delay progress on the cross-border project.
SOCAR and Hungary’s MVM ONEnergy signed a new natural gas supply deal effective January 2026, expanding Azerbaijan’s pipeline exports to Europe and strengthening regional energy ties through the South Caucasus and TANAP systems.
The operator of the TurkStream gas pipeline will move its headquarters from the Netherlands to Hungary under a deal ensuring gas deliveries to southern Europe continue despite sanctions on Russian energy.
U.S. senators say weak enforcement of U.S. sanctions on Russia’s Arctic LNG 2 project is allowing discounted Russian LNG to reach China, generating billions in revenue for Moscow’s war in Ukraine. Lawmakers are pressing the Trump administration for stricter energy sanctions as Russian cargoes continue moving through global LNG markets.
Condor Energies has reached total depth on its first horizontal well in Uzbekistan and delivered strong gas flow from two new Jurassic workovers, pushing production to nearly 12,000 boe/d.
U.S. and Bosnian officials are advancing plans for the South Interconnection pipeline, a U.S.-backed project that would bring LNG from Croatia’s Krk terminal to Bosnia and cut the country’s reliance on Russian gas.
The IEA says the next LNG wave is reshaping global gas markets, easing tight pipeline supply and helping Europe balance declines from Russia and Norway. Demand remains weak in Asia, but is expected to rebound by 2026.
Emergency crews in Russia’s Omsk region contained a fire on an underground gas pipeline after an incident occurred during repair work, authorities said. No injuries or threats to nearby communities were reported as investigators review the cause.
China received its 14th LNG shipment from Russia’s sanctioned Arctic LNG 2 project, with the Arctic Mulan delivering to Beihai terminal in Guangxi, data from LSEG and Kpler show.
Slovak refiner Slovnaft says Croatian operator JANAF has cut non-Russian crude deliveries, threatening Central Europe’s fuel supplies. JANAF denies breaching its contract, citing normal operations.
Lukoil has started diverting Caspian crude shipments from Azerbaijan’s Baku port to Russia’s Makhachkala terminal to avoid Western sanctions, shifting roughly 130,000 tons per month away from Azeri routes.
Ukraine will resume importing gas from Greece via the Transbalkan pipeline in November, booking 600,000 cubic meters per day to offset production losses from Russian strikes. Lower tariffs in Moldova and Romania have helped restart gas flows along the route linking Greece’s LNG terminals to Ukraine.
A second LNG carrier has departed Russia’s U.S.-sanctioned Portovaya LNG plant on the Baltic Sea, LSEG data shows. The move signals renewed export activity from the 1.5-million-ton-per-year facility, as Russia continues to seek buyers through alternative shipping routes despite sanctions.
The European Union will relaunch its gas demand pooling system to help companies secure non-Russian gas and expand LNG imports. The move aims to diversify supply sources, lower prices, and support the bloc’s plan to phase out all Russian oil and gas imports by 2028.
Spain’s Enagás says its gas network is ready to handle a 2027 ban on Russian LNG, as the EU advances plans to accelerate its phase-out of Russian energy imports. The operator expects U.S. LNG to cover most of the replacement volumes.
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