Parvin Faghfouri Azar

EU Agrees Roadmap to Contain Energy Prices

EU leaders on Oct. 21 reached agreement on a “roadmap” aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. The accord came after 11 hours of wrangling over broad proposals to lower energy bills as gas prices pushed skywards by the war in …

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Spain, France and Portugal Agree on a New Energy Route

Spain has agreed with Portugal and France to substitute plans for a gas pipeline known as Midcat with a new “green corridor” running between Barcelona and Marseille that would channel natural gas and hydrogen, Spain’s PM Pedro Sanchez said on Thursday. Unlike the Midcat project in the Pyrenees, the new …

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Germany Risks Wasting Billions on LNG Projects

Germany is at risk of wasting billions of euros on boosting liquefied natural gas imports instead of moving toward sustainable alternatives like energy efficiency, according to a new report. The country faces about 200 billion euros ($196 billion) of additional costs for gas imports by the end of the decade, …

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Erdoğan, Putin Agree to Form Natural Gas Hub in Turkey

Turkish President Tayyip Erdoğan announced on Wednesday that he had agreed with Russian dictator Vladimir Putin to form a natural gas hub in Turkey. Speaking to members of his AK Party in parliament, Erdoğan said Putin had said Europe can obtain its gas supply from the hub in Turkey. Putin …

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