Russia’s Novatek boosts first-quarter sales including LNG to the European Union as output increases
Novatek, the Russian natural gas company and operator of the Yamal LNG export plant and developer of Arctic LNG II currently still under threat from Western sanctions imposed because of the Ukraine invasion, has reported operating data for the first quarter of 2023 as it continued to supply cargoes to the European Union.
Italian natural gas grid and terminals operator SNAM reports rise in revenues as LNG imports double
Italian natural gas grid and LNG terminals operator SNAM reported an increase in annual revenues as LNG imports rose along with storage levels to cope with the European gas crisis.
Leading EU LNG importer Enagás signs cooperation agreement with Albania’s AlbGaz and may take stake
Leading European Union LNG import terminal owner and grid operator, Enagás of Spain, has signed a firm agreement in Albania to help the Balkan nation’s natural gas company AlbGaz develop its markets and infrastructure.
Spain says EU must finance interconnections to secure Spanish supplies of LNG and pipeline gas
Spanish Prime Minister Pedro Sanchez said the European Union should pay for pipeline interconnections with Spain if they wish to have alternative supplies to replace Russian gas from Gazprom.
Trans-Adriatic Pipeline owned by main European LNG terminal operators begins commercial operations
The Trans-Adriatic Pipeline (TAP), an 878-kilometres transportation system bringing Caspian natural gas from Azerbaijan to Greece, Albania, via the Adriatic Sea and Italy and whose main shareholders are among Europe’s main LNG terminal and grid operators has begun commercial operations.
Greek and Balkans FLNG terminal extends expressions of interest deadline to February 15
The liquefied natural gas hub and terminal project planned by Greek company Gastrade for the port of Alexandroupolis to serve the Balkans has revised its invitation for expressions of interest as the delivery of the floating storage and regasification unit will take six months longer than originally scheduled.
BP-led Azerbaijan Shah Deniz II project starts deliveries of gas to Turkey as LNG competitor
UK energy major BP and its partners in the Shah Deniz Consortium announced the start-up of the landmark Shah Deniz II natural gas development in Azerbaijan, including its first commercial gas delivery to Turkey as the starting point for the Southern Gas Corridor to compete with Middle East, North African and US LNG shipments.
