Gas

Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021, the German Federal Network Agency, Bundesnetzagentur, said on Friday. Norway provided 33% of the gas Germany imported last year, followed by Russia, whose share fell to 22% for …

The natural gas deal with Bulgaria is a step forward in Turkey’s efforts to become an energy hub, Energy Minister Fatih Dönmez has said. “With this agreement, natural gas could be transmitted not only to Bulgaria but other countries via Bulgaria,” Dönmez added. On Jan. 3, Türkiye and Bulgaria signed …

Natural gas prices in Europe fell back to pre-war levels, as a bout of mild weather reduced demand and eased fears of a prolonged supply crunch. Benchmark futures fell as much as 11% as a warm spell curbs heating demand and blustery conditions cut use of gas in power generation. …

Bulgaria on Tuesday signed a long-term deal to access Turkey’s liquefied natural gas (LNG) terminals, a move that could help diversify the region’s gas supply away from Russia and advance Turkey’s aim to be a regional energy hub. The agreement between Bulgaria state-owned gas operator Bulgargaz and Turkish state gas …

This week Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to a new LNG terminal, operated by Uniper, in Wilhelmshaven, the latest chapter in Europe’s great shift away from Russian energy sources. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, was loaded with 170,000 cu …

Qatar and the United States have topped global exports of LNG in 2022 in light of the energy crisis amid the ongoing war in Ukraine, Bloomberg revealed on Tuesday based on ship-tracking data. The report found that Doha and Washington exported 81.2 million tonnes of LNG, a figure that represented …

The China-Russia east-route natural gas pipeline has raised its daily gas transmission capacity to 61 million cubic meters since its operation three years ago, and the annual gas transmission volume is expected to exceed 22 billion cubic meters in 2023, China Media Group (CMG) reported on Monday. In 2022, the …

As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest ever liquefied natural gas (LNG) deals with Qatar at the staggering amount of US$ 60 …

European natural gas prices started the new year declining as mild weather curbed demand. Benchmark futures dropped as much as 7.9% to the lowest level since February 21, extending three weeks of net declines. Weather forecasts point to temperatures above seasonal norms for most of the region in the next …

National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official. The director of production supervision of National Iranian Oil Company (NIOC) said that currently, NIOC produces 1 billion and 40 million cubic meters …