Tag Archives: European Union (EU)

Goldman Says EU Gas may Challenge August Highs on Gazprom News

European natural gas prices could approach highs set in August after Russia said its key pipeline to Europe won’t resume flows as planned, according to Goldman Sachs Group Inc. The news will probably “reignite market uncertainty regarding the region’s ability to manage storage through winter” and is set to drive …

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EU Hits Gas Storage Target ahead of Deadline

The European Union’s gas storage facilities have been filled to 80 percent, the bloc’s Commissioner for Energy Kadri Simson said in a tweet. The EU had set itself a deadline in October to have its gas storage caverns 80 percent full ahead of the start of the heating season amid …

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EU Gas Dependence on Russia Falls by 50%

The European Union has reduced its dependence on Russian gas deliveries by 50 percent, but savings will be necessary to make up for the difference with alternative supplies. This is what the High Representative of the EU for Foreign Affairs and Security Policy Josep Borrell said this week in a …

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