Cyprus side-tracked from Aphrodite gas project in dispute with China over island’s first LNG import terminal
The Republic of Cyprus, the Greek-speaking part of the divided island in the process of developing the Aphrodite natural gas field in the Eastern Mediterranean as a regional gas and LNG hub, is involved in a dispute with a Chinese company over a separate LNG import terminal project still under construction.
European Union moves ahead with joint purchases plan for pipeline gas and LNG for five EU regions
The European Union is moving forward with its plan to seek pooled natural gas purchases under a programme called AggregateEU and set to be launched in June with the aim of reducing prices and increasing efficiency in fully replacing Russian pipeline gas supplies to Germany and the EU.
Gastech provides forum on first day for executives to discuss supply and security imperatives and transition
Leading oil and gas and LNG executives as well as heads of European Union utilities had interesting observations to make on the first day of the four-day Gastech Conference and Exhibition held in the northern Italian city of Milan.
Iberian Peninsula celebrates advances of LNG as a maritime fuel in the region and backed by EU financing
Spain and the national gas grid operator and LNG terminal owner Enagás have marked the successful first phase of a European Union-backed project to bring liquefied natural gas maritime fuel to the ports of the Iberian Peninsula.
Fluxys Belgium still awaits more profits impact from Russian LNG ships and truck-loading
Fluxys Belgium, the operator of the Belgian natural gas network and the Zeebrugge LNG import terminal, reported a drop in net profits due to one-off tax items and higher investments as Russian LNG trans-shipments activities rose along with small-scale fuel loadings.
Venice LNG joint venture advances with fuel plans and storage at Porto Marghera area
Venice LNG, a company formed by Italian industrial groups Decal SpA and San Marco Petroli, said they were advancing with plans to construct a coastal storage tank for liquefied natural gas in the industrial area of Porto Marghera.
