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HomeWeekly Top 5Top 5 stories of the week: 17-23 March

Top 5 stories of the week: 17-23 March

As we head towards the weekend, we have this week’s top five stories from the energy sector in Central and Eastern Europe ready!

So what is the European Hydrogen Bank?

With continued diversification efforts and the drive towards clean energy, green hydrogen is growing in importance among decision-makers in Europe – the EU’s decision to establish the European Hydrogen Bank (EHB) last September is a great example of that. Our Editor-in-Chief broke down the four pillars of the recently established bank and explains how the EHB will change Europe’s hydrogen sector. Read the full story here.

Assessing Africa as the next LNG import route for Europe

Focusing on Europe’s LNG import strategy, we took a closer look at Africa’s LNG export capacity and prospects for CEE companies on the African continent. In particular, we looked at the impact of Africa’s need for upstream investments, coupled with the EU’s net-zero commitments, on the continent’s potential to supply Europe with LNG. Read the full story here.

OMV Petrom’s vision for Romania as a European gas hub

Speaking to Franck Neel, Member of the Executive Board of one of the biggest energy companies in the region, OMV Petrom, we discussed the company’s record-breaking 2022 financial results, plans for this year and the role of Romania as a regional gas hub. Read the full story here.

EU makes a record investment in North Macedonia

On Wednesday’s World Water Day, the EU – via its EIB Global investment arm – allocated a record investment grant to North Macedonia under its Western Balkans Investment Framework. The grant will help to fund a wastewater treatment plant, which is expected to improve living conditions for around half a million people. Read the full story here.

How will the future of energy security look? Shell may have an answer

As discussions on Europe’s future energy architecture continue to take place, the British energy giant, Shell published its latest ‘Energy Security Scenarios’ which explore how the world could evolve following Russia’s invasion of Ukraine. Specifically, the two scenarios look into the possible energy and climate outcomes that could result from a world that has security as its dominant concern. Read the full story here.

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