Parvin Faghfouri Azar

Bulgaria is Negotiating Long-Term Gas Deal with Turkey

Bulgaria’s acting energy minister arrived in Istanbul for talks that he hopes will lead to an agreement on long-term access to liquefied natural gas (LNG) terminals in Turkey and gas transit to its border. Executives of Bulgaria’s state gas company Bulgargaz and gas grid operator Bulgartransgaz are also taking part …

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The Race to Develop Hydrogen Storage

Around the globe, energy companies and governments are racing to develop their hydrogen storage capacity in an attempt to boost their energy security and reduce their reliance on natural gas. As investment into the research and development of hydrogen technologies increases, several world powers are developing better storage solutions to …

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Oil Posts Second Weekly Gain as Russia Warns of Output Cut

Oil rallied to a three-week high and clinched a second straight weekly gain after Russia warned it may cut output by as much as 700,000 barrels a day in response to sanctions on the nation’s crude. With trading volumes dwindling heading into the Christmas holiday, Russia’s threat outweighed the impacts …

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Japan’s 1st LNG-Powered Ferry Receives First LNG Fuel Supply

Japanese heavyweight Mitsui O.S.K. Lines (MOL), its group company Ferry Sunflower Limited, and Kyushu Electric Power Co. (Kyuden) have revealed that Sunflower Kurenai, Japan’s first LNG-fuelled ferry, received its first LNG fuel supply. As informed, the vessel was bunkered by Kyuden at the Port of Beppu. LNG fuel was supplied …

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