Gas

Iraq Eyes Boosting Gas Imports from Iran

Iraq’s Ministry of Electricity has expressed willingness for increasing natural gas imports from Iran, IRNA reported on Sunday quoting the ministry spokesperson Ahmed Mousa as saying. Mousa noted that the ministry is negotiating the increase with Iranian authorities and will dispatch a delegation to Tehran in this regard. He did …

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Russia Covers 40% of Greece’s Demand for Natural Gas

Russia covers over 40% of Greece’s demand for natural gas and has even increased gas supplies recently, Kremlin Spokesman Dmitry Peskov said in an English-language interview with Greece’s Antenna TV channel. “Do you know how many percent of Greece’s demand for natural gas is being covered by Russia?” Peskov said, …

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The EU will Recognize Nuclear Energy and Natural Gas as Clean

The European Commission will classify nuclear energy and natural gas as clean fuels, giving them access to green finance. This was announced to the European edition “Politico” by the first vice-chairman of the Commission Frans Timmermans. In an interview published Thursday, Timmermans said: “I think we need to find a …

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European Gas Prices Jump as U.S. Weighs more Sanctions on Russia

European natural gas futures extended Monday’s gain as traders weigh fresh risks to winter supplies. Dutch front-month prices rose as much as 5.6% after Royal Dutch Shell Plc canceled several liquefied natural gas shipments after an outage in Australia, which will intensify global competition for spot cargoes. Traders are also …

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Iran Looking for New Gas Reserves at South Pars

Pars Oil and Gas Company (POGC), a subsidiary of the National Iranian Oil Company, has started drilling operations at the South Pars gas field in the Persian Gulf in search of new hydrocarbon reserves. The Pars Oil and Gas Company stated that the drilling of the new well was part …

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Russia’s Novatek Eyes Foothold in Vietnam LNG Market Following Pact

Russian LNG exporter Novatek has signed a cooperation agreement with Vietnam’s PetroVietnam on developing potential liquefied natural gas (LNG) and power projects in the southeast Asian country. The agreement was struck during Vietnamese president Nguyen Xuan Phuc’s visit to Moscow, where he held a meeting with Novatek chairman Leonid Mikhelson …

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