Germany Now Pays Five Times More for Gas After Ditching Russian Imports
10 Articles
10 Articles
Europe may not be able to fill gas storage by winter due to supply shortages - ReutersEquinor CEO says Europe may not meet its 80% storage target due to market tensions. Competition from Asia and the cessation of Russian gas supplies are the reasons.
With the agreement regulating the shipment of Russian gas to Europe via Ukraine set to expire in early 2025, the balance of gas trade across the continent is shifting, creating significant price differences between Northwestern Europe, where liquefied natural gas (LNG) imports are concentrated, and Central and Eastern Europe.
Why might the EU expect a tough winter this year? Europe will likely miss its target of filling its gas storage facilities to 80% capacity by the start of winter, according to the CEO of Equinor, Europe's largest natural gas supplier. This was reported by RBC-Ukraine, citing Reuters. The reason is tension in the global gas market and increased competition from Asian buyers. "We don't believe Europe will necessarily be able to fill its reserves t…
S.A. "Energocom" has organized new auctions for the purchase of natural gas needed for the gas year 2026–2027, respectively for the period October 1, 2026 – September 30, 2027, as part of the supply strategy for the cold season. The announcement comes in the context in which the company requested an increase in gas tariffs, and the National Energy Regulatory Agency (ANRE) has already published the draft of the new regulated prices. According to …
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