Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) LNG

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

By Andreas Walstad 22 June 2017
Pipelines, Storage & Power

EU to invest $126 mln in Polish gas grid

The EU will invest €112.5 million from the European Regional Development Fund to help build a gas pipeline between Lwówek and Odolanów in Poland’s Wielkopolska region.

14 June 2017
Companies & Finance

Snam CEO appointed president of GasNaturally

Marco Alverà, chief executive of Italian TSO Snam, has been appointed as the first president of a partnership of associations representing the European gas value chain.

13 June 2017
Policy & Regulation

Italy opens consultations on new National Energy Strategy

Italy’s energy and environment ministries published the final version of the country’s proposed National Energy Strategy on Tuesday.

13 June 2017
UK Power Reserve is focusing on gas engines and battery storage. (UK Power Reserve) Global Markets

Small-scale gas can better serve electricity market

The rise of gas reciprocating engines in the UK is a positive trend because they are a better fit with renewables than CCGT plants, experts say.

13 June 2017
Pipe production for the Nord Stream gas pipeline. (Gazprom) Policy & Regulation

EC presses on with TPA demands for Nord Stream 2

The European Commission is pushing ahead with its attempts to bring Nord Stream 2 under a separate legal framework despite opposition.

12 June 2017
Companies & Finance

Eni signs research agreement with University of Bologna

Italian oil and gas major Eni has signed a three-year framework agreement with the University of Bologna on research and development in the energy sector.

12 June 2017
Exploration & Production

Egdon Resources and Island Gas acquire licence in East Midlands

Egdon Resources and Island Gas have each acquired 50% interests in the PEDL278 licence in the East Midlands from Celtique Energie Petroleum and Investcan.

12 June 2017
Companies & Finance

Poland to pay for half of Baltic Pipe project

Polish transmission system operator Gaz-System will pay around €1.7 billion to cover about half of the cost of the Baltic Pipe.

12 June 2017
LNG

Three companies pre-book capacity at Klaipeda LNG terminal

Klaipedos Nafta, the operator of Lithuania’s Klaipeda LNG terminal, has signed contracts to allocate part of its capacity to three users for the new gas year.

9 June 2017
Global Markets

Snam interested in DESFA tender – Alvera

Italian transmission system operator Snam is interested in taking part in the tender aimed at privatising Greece’s gas network.

9 June 2017
Pipelines, Storage & Power

EU seeks mandate to negotiate legal framework for Nord Stream 2

The European Commission has requested a mandate from the Council of the EU to negotiate the key principles with Russia for the operation of the planned Nord Stream 2 gas pipeline project

9 June 2017
Romanian gas wells. The country has considerable gas and coal reserves. (Petrom) Policy & Regulation

Brussels pressures Romania to integrate gas market

The European Commission has challenged Romania’s grid operator Transgaz over underinvestment in infrastructure that it says may prevent exports to neighbouring countries.

9 June 2017
LNG

First US LNG arrives in Poland

The first LNG tanker carrying a cargo from the United States to Poland arrived on Thursday.

8 June 2017
Global Markets

Poland and Ukraine to develop a regional gas hub

The governments of Poland and Ukraine are working to create a regional gas hub.

8 June 2017
Companies & Finance

Rockhopper Exploration sells non-core assets in Italy

UK-based oil and gas company Rockhopper Exploration has sold a portfolio of its Italian onshore non-core interests to fellow UK company Northern Petroleum.

8 June 2017
Pipelines, Storage & Power

Renewables and nuclear beat gas and coal in UK power

The UK’s wind, solar and nuclear power plants individually produced more electricity than gas- and coal-fired plants combined for the first time on Wednesday.

8 June 2017
Companies & Finance

Greece will launch new DESFA privatisation tender in June

Greece will launch a new tender this June to privatise the country’s gas grid operator DESFA.

7 June 2017
Companies & Finance

BP and Eni go ahead with blockchain gas trading project

BP and Eni are extending a pilot project to apply blockchain technology to gas trading.

7 June 2017
Lynn and Inner Dowsing wind farm. Renewables and storage are becoming competitive with gas. (Centrica) Policy & Regulation

Time is running out for low-carbon switch

A lack of clarity in how oil and gas companies plan to adapt to a low-carbon economy is presenting a major risk for investors.

7 June 2017
Companies & Finance

Gazprom denies Naftogaz claims on Stockholm ruling

Gazprom has denied reports by Ukraine’s Naftogaz Ukrainy that the Stockholm arbitration court has cancelled the Russian company’s $34.5 billion take-or-pay claim.

6 June 2017

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