LNG

European pipeline natural gas provider and LNG cargo exporter Norway has made a strategic decision to keep open the nation’s last coal mine located on the demilitarised archipelago of Svalbard in the Arctic despite opposition from the green lobby.

The next Chancellor of Germany, the Social Democrat (SPD) leader Olaf Scholz, has presented his cabinet ministers for the new government to be sworn in on December 8 and officials confirmed the continued suspension of the Russian Nord Steam II pipeline to Germany, keeping European Union natural gas prices high this winter and beyond.