Gas

Iran’s Gas Exports to Turkey Exceed 7bn Cubic Meters

Iran exported over seven billion cubic meters of gas to Turkey during the past 9 months. According to the statistics by the Turkey Statistics Office, Iran-Turkey trade during the first nine months of the current year, 2022, grew 26% to reach 4 billion and $809 million. The two countries’ trade …

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LNG Bottlenecks are Emerging in Crisis-Stricken Europe

European countries have boasted that their gas storage facilities have been filled at higher than usual levels before the start of winter. Yet more LNG cargos are arriving in Europe at such rates that they are jamming ports. And freight rates are through the roof, adding to already record LNG …

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Spain Says New Gas Pipeline may Take 7 Years to Build

A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to build, Spain’s energy minister has said. France, Spain and Portugal announced on Oct. 20 they had agreed to build the maritime pipeline instead of a long discussed overland pipeline across …

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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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