Europe

Russia’s War on Ukraine Rippling Through Latin America

In Latin America, the effects of the war in Ukraine are having a major impact on the fragile economies that are still gradually recovering from the pandemic.

EU, Norway Agree to Increase Gas Deliveries as Russian Cuts Deepen

The European Union and Norway agreed on Thursday to cooperate to bring more gas from western Europe's biggest producer to the EU's 27 countries, nearly half of which are now grappling with cuts to Russian gas supplies.

Finland Plans to Build Hydrogen Pipeline Network

Finland announced plans on Wednesday to build a hydrogen transmission network to help reduce carbon emissions. Construction is set to start in southeastern Finland near the Russian border with a 15-km (9-mile) hydrogen pipeline.

Algeria, Niger, Nigeria Take Steps to Build $13 Billion Trans-Saharan Gas Pipeline

Algeria, Niger and Nigeria have set up a task force to build the 2,565-mile Trans-Saharan gas pipeline that has been in the works for more than 40 years, Niger's oil ministry said on Wednesday.

Denmark Issues 'Early Warning' on Russian Gas Supply

Denmark's energy agency said on Monday it had activated the first step of a three-stage emergency gas supply plan, which effectively means a tighter monitoring of the market, due to uncertainty about gas supplies from Russia.

Gas Interconnection Poland–Lithuania Pipeline Project Completed

Construction of the 315-mile (508-km) Gas Interconnection Poland–Lithuania (GIPL) pipeline has been completed, and partial capacity will be available beginning May 1, according to operator Amber Grid Corp.

Austria Returns to Coal After Russia Halves Gas Deliveries

Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restricted gas supplies from Russia result in an energy emergency.

Ukraine to Tap 109 MMcm/d of Spare Gas Capacity to Offset Nord Stream 1 Flows

Ukraine has around 109 million cubic meters a day (MMcm/d) of spare gas capacity through a transit route to Europe which could be used to offset lower flows through the Nord Stream 1 pipeline, Ukraine's gas transmission operator said on Monday.

Gazprom CEO Sees No Solution to Nord Stream 1 Repair Delays Caused by Sanctions

Gazprom sees no solution to an ongoing equipment issue at the Portovaya compressor station, part of the Nord Stream 1 pipeline that carries Russian gas to Germany, its CEO said on Thursday.

Italgas Plans to Invest $4.7 Billion to Upgrade Gas Pipeline Network in Italy

Italgas plans to invest $4.7 billion to 2028 to complete the upgrade of its domestic Italian network, which includes 74,000 km (46,000 miles) of regulated gas pipelines, the company said on Wednesday.

Gazprom Cuts Gas Exports to Italy by 15% Following Nord Stream Pipeline Disruptions

Russia's Gazprom cut its gas exports to Italy by around 15% on Wednesday, Italian energy firm Eni said, a move that comes as the Russian group is also curbing its gas supplies via the Nord Stream 1 pipeline, blaming Western sanctions for disrupting repair works it needs to do on the network.

EU, Israel and Egypt Ink Framework Deal to Boost East Med Gas Exports to Europe

Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports.

West Africa Wants Eni to Start Production at Newly Discovered Field to Meet Gas Demand

Ivory Coast wants Italy's Eni to bring its recently discovered offshore field to full production earlier than a planned 2026 timeline to meet local and regional gas demand, its mines and petroleum minister said on Tuesday.

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.