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Aspiring to be the regional gas hub: the role of Turkey and other SEE countries

Following the gas agreement between Turkey’s BOTAS and Bulgaria’s Bulgargaz, we take a look at what it means for Turkey and its aspiration to be the regional gas hub.

PKN Orlen and Sempra Infrastructure sign long-term LNG sales and purchase agreement

A 20-year contract for the supply of one million metric tonnes of LNG per year from the US has been signed between the Polish PKN Orlen and US Sempra Infrastructure.

Construction works of the Alexandroupolis gas-fired power plant begin

The construction works of the Alexandroupolis gas-fired power plant, developed by three Greek energy groups officially began, after an inauguration ceremony held in the presence of Prime Minister Kyriakos Mitsotakis.

Hungary eyes diversification with Turkish LNG and Azeri gas

Last year, Hungary relied on the TurkStream pipeline to cover around half of its total gas consumption, however the country would like diversify in the future, potentially with LNG arriving to Turkish ports and gas from Azerbaijan.

China’s post-COVID rebound can stir up the energy world

On 8 January, China reopened its borders after almost three years of self-isolation, something that was defined as a major event of 2023 and a key driver for growth. What does this mean for the energy market?

MET Group secures regasification capacity at Deutsche Ostsee LNG terminal in Lubmin

MET Group has secured binding long-term LNG capacities at Deutsche ReGas’ floating LNG terminal in Lubmin. The FSRU on the German Baltic Sea coast will be officially inaugurated tomorrow.

Slump in gas prices far from fixing EU’s energy crisis without long-term LNG “road map”, Atlantic Council highlights

Whilst the recent drop in natural gas benchmark prices may have presented a sign of relief for Europe, the EU's energy challenges seem to be far from over.

Klaipėda LNG terminal eyes expansion with non-binding open season procedure

Klaipedos nafta (KN) and Amber Grid announced plans to "evaluate possibilities to expand current Klaipėda LNG terminal re-gasification capacity as well capacity of gas transmission system in relevant entry and exit points and create possibility to book additional LNG import capacity in the future".

Latvia: Natural gas to be supplied in full via LNG terminals

The Latvian natural gas operator, "Conexus Baltic Grid" (Conexus) informed that it has "refocused" the gas market by securing two new LNG supply hubs: the Klaipedia LNG terminal in Lithuania, and from next year, the recently-opened Inkoo LNG terminal in Finland.

Major push to expand LNG capacity can undermine 1.5˚C goal, experts warn

The world has overreached in its bid to respond to the energy crisis, to the extent that emissions from new gas capacity now threaten the 1.5˚C warming limit, says the analysis of Climate Action Tracker.

First LNG cargo arrives at Germany’s LNG terminal in Wilhelmshaven

Germany-based energy company, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal in Wilhelmshaven, the company announced on Tuesday.

New year, same energy crisis

2023 will be the year in which we will find out if the lessons from the past (and current) energy crisis have been learnt or not. However, some things are here to stay.

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