Danish Energy Agency explains winter tariff rises even amid fuel security confidence and role in EU network
Denmark, the pipeline natural gas and power market player involved in LNG trading and a bridge supplier of gas to Poland on the Baltic Pipe, has revealed plans for increased power prices and methods of making energy savings.
EU gives Poland €3.85Bln to soften impact of coal mine closures for transition to LNG and renewables
The European Commission is paying Poland €3.85 billion ($4.04Bln) to support the initial aftermath of the shutdown of coal mines in five Polish regions as the nation increases LNG and pipeline natural gas imports as well as developming renewable energy sources.
Norwegian major and biggest European natural gas provider Equinor signs Baltic pipeline deal with Poland
Equinor, the Norwegian LNG producer and largest supplier of pipeline natural gas to Europe, has signed a gas sales agreement with Poland for 10 years of supply through the new Baltic Pipe project.
Gazprom cuts supplies
April 28 (LNGJ) - Russian natural gas company Gazprom issued a statement from its headquarters in Saint Petersburg saying it had halted gas supplies to Bulgaria and Poland over their refusal to pay for their gas in Russian roubles. “Gazprom has completely suspended gas supplies to Bulgargaz and PGNiG (Polish Oil and Gas Company) due to absence of payments in roubles,” said the Gazprom statement. “Payments for gas supplied from April 1 must be made in roubles using the new payments details, about which the counterparties were informed in a timely manner,” added Gazprom.
Poland and other members of the 27-nation European Union have refused to pay for their natural gas in roubles as Russia has demanded as a way of stabilizing and supporting the rouble, which has been weakened by Western sanctions. Poland's PGNiG said in a statement it would continue to monitor the situation and was prepared to obtain gas from other connections. Bulgaria's Energy Ministry said state gas company Bulgargaz had received a similar notice from Gazprom. Bulgaria is almost completely dependent on Gazprom for its gas supplies.
Norway’s pipeline natural gas and LNG producer Equinor signs four NCS contracts with Aibel energy services
Norwegian energy and LNG producer Equinor has signed four new contracts with oil and gas services company Aibel, also based in Norway, on behalf of the licence-holders in three offshore fields in the Norwegian Continental Shelf, with two of them having large natural gas and condensate resources.
