Gas

Construction of the DCC is an investment whose value exceeds €300mn.

A first ministerial meeting on the topic took place on July 17. 2018. followed by meetings at expert during the second half of 2018.

Germany and Russia have been at odds since Moscow annexed Crimea from Ukraine in 2014.

Wood Mac notes growing worry about a global economic downturn in its report.

Political factors are one of the reasons that Novatek’s Arctic-2 LNG project in Russia has a high chance of succeeding.

60 million tpy of LNG capacity could receive a final investment decision (FID) this year.

Europe’s LNG imports are expected to increase by 14% to 56 Bcm.

The United States began exporting LNG from the Lower 48 states in February 2016.

The Nord Stream 2 gas pipeline is intended to span the Baltic Sea. connecting suppliers in Russia to consumers in Europe.

Iran owns the world’s largest natural gas reserves after Russia.