Europe

Norway Gas Production to Decline in 2020 with Maintenance

Maintenance at Norway's natural gas fields and processing plants is scheduled to cut production capacity by some 5.35 Bcm in 2020, less than in 2019, according to a Reuters calculation based on data from system operator Gassco.

EIB to Finance Bulgaria-Greece Gas Link

The European Investment Bank agreed on Thursday to finance the construction of a 182-km gas pipeline linking Bulgaria with Greece that will end Sofia's complete dependence on Russian gas and help diversify supplies in southeastern Europe.

Ukraine Wants Long-Term Gas Transit Deal With Russia

Ukraine wants a long-term gas transit contract with Russia based on European standards, the prime minister said on Wednesday, adding Kiev would not agree to a short-term deal that Moscow seeks.

Profit, Not Politics: Trump Allies Sought Ukraine Gas Deal

As Rudy Giuliani pushed Ukrainian officials to investigate Donald Trump's political rival, others with ties to the president wanted to install new management at Ukraine's state gas company and steer contracts to companies controlled by Trump allies, AP reports.

Subsea 7 Awarded Shell Offshore Infrastructure Contract Near Aberdeen, UK

Subsea 7 has announced the award of a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.

U.S. Energy Sec Perry Warns Europe of Russia's Gas Pipeline Plans

Russia's Nord Stream 2 and TurkStream natural gas pipeline projects threaten to increase Moscow's political influence in Europe and leave it vulnerable to supply disruptions, U.S. Energy Secretary Rick Perry said on Monday.

Gazprom: Nord Stream 2 Cost Would Rise by 'Hundreds of Millions' to Bypass Denmark

An alternative route bypassing Danish waters for the construction of the undersea Nord Stream 2 gas pipeline would cost “hundreds of millions of dollars,” the chairman of Russian gas company Gazprom told Reuters.

OMV Chief Says No Need to Discuss Alternative Nord Stream 2 Route

There is no need to discuss alternative routes for Gazprom’s Nord Stream 2 gas pipeline project, which is still awaiting approval for its Danish leg, the chief executive of Austria’s OMV said on Thursday.

Putin Urges Denmark to Ignore U.S. Pressure Over Nord Stream 2

Russian President Vladimir Putin urged Denmark on Wednesday to ignore U.S. pressure and "show it has sovereignty" by allowing the Nord Stream 2 gas pipeline to go through its territory.

Shell Urges U.S. Congress to Withhold Nord Stream 2 Sanctions

Royal Dutch Shell is asking the U.S. Congress not to enact sanctions against the Russia-led Nord Stream 2 undersea gas pipeline to Germany, said Cederic Cremers, head of Shell's business in Russia.

Contaminated Oil in Polish Storage Tanks to Take 6-8 Months to Clean

Contaminated oil in Polish storage tanks that was shipped along the Druzhba pipeline from Russia will take another six to eight months to clean, Poland’s minister for energy infrastructure said on Friday.

LNG Investments Hit Record $50 Billion in 2019

Record investments of $50 billion have turned 2019 into a banner year for LNG, with Canada and the United States being the main drivers, the chief of the International Energy Agency (IEA) said.

Ukraine Seeking 'Full Recovery' of Gas Transport Costs from Russia

Ukraine is seeking a substantial payment from Russia for use of its pipelines to move Russian gas into Europe from 2020 but has still not received a Russian reply to its proposal, Naftogaz Chief Executive Andriy Kobolyev said on Friday.

LNG Tankers Divert to Asia; Floating Storage Rises After Price Spike

At least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating storage following a spike in Asian LNG prices in the past week, trade sources said.

Ukraine, Russia Fail to Reach Gas Deal for Europe but Agree to Meet Again

Russia and Ukraine failed to reach a new gas transit deal on Thursday, but said talks were "constructive" and they would meet again to try to find an agreement before the current one ends.

Bulgaria Signs up Saudi-Led Group for TurkStream Extension

Bulgaria's state gas company signed a $1.2 billion (1.1 billion euro ) contract on Wednesday with Saudi-led group Arkad to build a gas pipeline to carry mainly Russian natural gas.

Fire Put Out on Tanker at Norway's Sture Oil Terminal

Police evacuated people from a major tanker port in southern Norway Friday as a precaution after a fire on an oil tanker.

Total Seeks Buyer for Tainted Russian Piped Oil

France's Total has issued a tender to sell 1.3 million barrels of contaminated Russian Urals crude oil for loading from Rotterdam port, according to three trading sources.

TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary

The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak announced, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Gazprom Expects Danish Approval of Nord Stream 2 by October

Russian gas producer Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, the Russia International News agency (RIA) reported.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

Antin Infrastructure Looks to Sell Major UK Gas Pipeline

Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said.

Clean-Up of Polish Section of Druzbha Pipeline Could Take a Year

The operator of the Polish section of the Druzbha oil pipeline said on Tuesday that it could take up to a year to completely clean its part of the network.

U.S. to Help Poland, Ukraine Cut Dependence on Russian Gas

The United States, Poland and Ukraine agreed to enhance cooperation over secure gas supplies in the region which still relies on Russia.

Gazprom Braces for Decline in European Gas Exports, Prices

Kremlin-controlled energy giant Gazprom on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 following record-high volumes last year.

Nord Stream 2 Investor OMV Says Project Can Still Meet Deadline

The chief executive of Austrian energy firm OMV said the Nord Stream 2 company has not changed its expected completion date and could still deliver the project on time and budget, despite Denmark's still-pending decision on a construction permit.

Ukraine Plans to Create Capacity for Romanian Gas Imports

Ukraine, preparing for a possible cut in Russian gas supplies, has agreed with neighboring Moldova to modernize their border gas metering stations so it can receive gas from Romania, Ukraine's gas transport company Ukrtransgaz said on Monday.

LNG Steals Euro Market Share from Pipeline Gas, Breaking 4-Year Trend

Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four years amid a tripling in LNG imports into the region over the past 10 months.