Europe

Nord Stream Gas Capacity to Europe Constrained by Repair Delays

The capacity of Gazprom's Nord Stream 1 pipeline to supply gas to Europe is partly constrained as sanctions make it impossible for equipment supplier Siemens Energy to return a turbine being maintained in Canada, the companies said.

DNV Confirms Feasibility and Maturity of EastMed Gas Pipeline

DNV has issued confirmation of the feasibility statement of the EastMed gas pipeline, a 2,000-km (1,242-mile) long onshore and offshore natural gas conduit project meant to connect offshore gas reserves from the Levantine Basin to Greece and further to southeastern European countries.

Dutch Government Reluctant to Boost Production from Groningen Gas Field

Tapping the Groningen gas field, which is being wound down due to a series of earthquakes, should be a "last resort", a Dutch minister said on Tuesday, after a government advisory body suggested using the field to help fill gas stores.

Cheniere Inks 15-Year LNG Supply Deal with Equinor

Cheniere Energy Inc. has agreed to sell liquefied natural gas to Equinor as the Norwegian energy company plans to boost its LNG volumes for Europe amid a tight commodity market and surging demand for the super-cooled fuel.

EU Exploring Deal to Boost Natural Gas Imports from Israel, Egypt

The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document dated June 7.

Sources: US to let Eni, Repsol Ship Venezuela Oil to Europe for Debt

Eni and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on Venezuela.

Commissioner: EU Countries Can Tap Recovery Fund to Boost LNG Capacity

European Union countries will be allowed to use money coming from the EU recovery fund, created to support post-pandemic economic growth, to boost their LNG capacity, EU Commissioner Paolo Gentiloni said on Saturday.

Bosnian Region Extends Gazprom Gas Deal Until End-2022

Bosnia's major gas importer Energoinvest has extended a deal on gas supplies with Russia's Gazprom until the end of the year under unchanged conditions.

Poland Could Build Second Unit to Receive LNG amid Czech, Slovak Interest

Poland could build a second floating storage and regasification unit next to an already planned installation because the Czech Republic and Slovakia are interested in buying more LNG, the Polish climate minister said.

Nigeria Okays Next Step for New Gas Pipeline via Morocco to Europe

The new gas pipeline from Africa to Europe will be 5,660 km (3,517 miles) long and construction will be in phases covering 25 years. The pipeline is expected to be built both onshore and offshore.

Snam Buys Regasification Vessel as Italy Diversifies Energy Supplies

Italy's state-controlled Snam has agreed to buy a floating regasification terminal with capacity of 5 billion cubic meters a year from Golar LNG, as Rome works to cut its reliance on Russian gas.

Croatia Ready to Increase Adriatic Oil Pipeline Capacity, Hungary Says

Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline, Hungary's foreign minister said on Tuesday.

Iran Seizes Two Greek Tankers amid Row over US Oil Grab

Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the U.S. from a tanker held off the Greek coast.

In Latin America, Peru Streaks Ahead in LNG Race to Europe as Trinidad Stumbles

As liquefied natural gas (LNG) producers try to take advantage of a global energy shift triggered by Europe's move to become independent from Russian gas, Latin America's only two LNG exporters are moving in opposite directions.

Denmark's Orsted Warns of Russian Gas Supply Halt After Spurning Ruble Payments

Orsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in rubles, but such a move would not immediately put Denmark's gas supplies at risk.

Eastward Yamal Flows Edge Lower, Other Flows Stable

Eastbound gas flows via the Yamal-Europe pipeline from Germany to Poland fell on Monday morning from their Friday levels, while flows via other routes were stable.

Enagas CEO: Third Spain-France Gas Link Could Be Ready in 2 1/2 Years

A third gas link between Spain and France could be completed in two and a half years at a cost of 600-700 million euros ($640.14-$746.83 million) if the process was accelerated, the CEO of Spain's gas grid operator said on Wednesday.

German Chancellor: Germany is Keen to Pursue Gas Projects with Senegal

Germany wants to intensively pursue gas and renewable energy projects with Senegal, against the backdrop of the war in Ukraine and its impact on energy and food prices, Chancellor Olaf Scholz said.

Norway's Hammerfest LNG Plant Extends Outage until May 27

Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco said.

Poland Ends Deal to Receive Russian Gas after Ruble Dispute

Poland said on Monday it had terminated its agreement with Russia to receive Russian gas via the Yamal pipeline, after Warsaw rejected a demand to pay for the fuel in rubles and Moscow responded by cutting off supplies in April.

Russia Stops Gas Flows to Finland Over Payments Dispute

Russia's Gazprom on Saturday halted gas exports to neighboring Finland, in the latest escalation of an energy payments dispute with Western nations.

Germany, Qatar Sign Energy Partnership Agreement Focused on Gas

Germany and Qatar have signed a declaration to deepen their energy partnership, with a focus on trade in hydrogen and LNG, as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine.

Finland Leases Floating LNG Terminal for 10 Years to Break Free from Russian Gas

Finland has agreed to a 10-year charter for a floating storage and regasification vessel with U.S. based Excelerate Energy to help replace Russian gas supply, finance minister Annika Saarikko said on Friday.

RWE: Germany Can Be Independent from Russian Gas by Spring 2025

Germany can wean itself off Russian gas within the next three years, the CEO of the country's largest power producer, RWE, told a newspaper.

Russia to Halt Gas Flows to Finland on Saturday

Russia's Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in rubles.

Europe Will Need Nord Stream 2 Gas Pipeline One Day, Kremlin Says

Russia has no hope of starting up its undersea gas pipeline Nord Stream 2 anytime soon but is confident that Europe will need the pipeline someday regardless of what it says now, the Kremlin said on Thursday.

Israel Ramping Up Gas Output, Looks to Help Supply Europe

Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace Russian supply.

Germany, Netherlands Up Ambition for North Sea Hydrogen Hubs

There is no shortage of ideas when it comes to exploiting the strong winds offshore Germany and the Netherlands to produce green hydrogen.

Eni Set to Open Rubles Account for Russia Gas Unless Told Otherwise by EU

Italian energy group Eni will begin the process of opening an account in rubles next week to pay for Russian gas unless it is told that would breach sanctions, three sources close to the matter said.

Canada In Talks with Repsol, Pieridae Energy About LNG Export Terminals

The Canadian government is in discussion with the companies behind two proposed east coast LNG export facilities to see how it can speed up the projects and help boost supply to Europe.