Gas

Italy Expands LNG Infrastructure Facilities before Winter

Italian energy company Snam acquired a new floating regasification vessel from BW LNG company to contribute to Italy’s energy security and diversification. The vessel has a maximum storage capacity of 170 thousand cubic metres of liquefied natural gas (LNG) and a continuous regasification capacity of about 5 billion cubic metres …

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Germany Advances FSRU Projects to Ensure Gas Supply

Four floating storage and regasification units are planned for deployment offshore Germany along with two permanent onshore sites, with an emphasis upon the FSRUs to help secure near-term and medium-term gas supplies. The German government has earmarked 2.94 billion euros ($3.07 billion) for the projects, set to be developed by …

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USA Sending more Gas to Europe than Russia

For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines, according to the International Energy Agency. Europe is seeking alternatives such as US liquefied natural gas to Russian supplies after Gazprom PJSC slashed shipments through Nord Stream, its biggest pipeline to Europe, …

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Gas Supplies to Europe Holding Firm

Gas supplies to Europe are holding firm despite ongoing troubles at the Nord Stream 1 pipeline, leaving the market in equilibrium, albeit temporarily. That’s according to Rystad Energy analyst Lu Ming Pang, who made the statement in a market note sent to Rigzone late Wednesday. The Rystad analyst outlined in …

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Shell Set to Sign Deal with Qatar for Giant Gas Project

Shell Plc is set to follow other Western energy majors by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies of the fuel. The London-based company will probably announce its partnership with state-controlled Qatar …

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EU Gas Swings as Russia-Turkey Flows Resume while Risks Loom

European natural gas prices fluctuated, with traders weighing the return of flows via Turkey against the risk of a further deterioration in supplies to the continent. Gas shipments via the TurkStream pipeline resumed after maintenance ended on Monday, Russia’s Gazprom said on Telegram. The link, which has an annual transport …

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