Europe’s Gas Traders Now Fear Summer More Than Winter
Summer used to be a quiet time for Europe’s natural gas market: No heating demand meant traders could enjoy their annual breaks and energy producers felt safe to shut facilities for seasonal maintenance. That sense of calm now seems a distant prospect.
Europe's Rush to Secure Natural Gas
The European Union’s gas stocks have dipped below the 60% mark this week potentially prompting gas buyers to buy more LNG this summer than initially expected.
Europe doesn’t need US gas, but might buy it anyway
EU leaders may derive that a few more LNG contracts is a reasonable price to pay for smoother relations with the MAGA president
Europe Faces a Natural Gas Supply Challenge This Year
Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.
Europe’s Gas Price Higher on Strong Demand, Lower Inventories
EU gas storage levels are currently 55.8% full, while demand is rising also due to a recent slump in wind power output. “We are expecting LNG imports to continue to be high going forward, as the current levels are insufficient for [the] European market to balance and rebuild inventories for the next winter,
European natural gas prices ascend amid supply uncertainties
European natural gas prices have risen by 3% in midday trade, with the Dutch TTF contract, a key benchmark, standing at 49.67 euros per megawatt hour. This price hike is due to rapidly diminishing inventories and uncertainties surrounding supply.
European Gas Prices Rise Amid Lower Inventories, Supply Uncertainties
European natural-gas prices rise 3% in midday trade, with the benchmark Dutch TTF contract at 49.67 euros a megawatt hour amid fast-depleting inventories and supply uncertainties. EU storage was 55.5% ...
Natural Gas News: Will Europe’s LNG Demand Be Enough to Support U.S. Prices?
Natural gas futures rebound, but mild U.S. weather and rising supply weigh on prices. Can European LNG demand provide support?
LNG imports jump as Europe draws cargoes from Asia
The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand ...
Hosted on MSN19h
EU will not impose total ban on Russian liquified natural gas in new sanctions package, says Politico
The European Union will not include a complete ban on the purchase of Russian liquefied natural gas (LNG) in a new sanctions ...
Europe’s undersea infrastructure keeps getting damaged. What’s going on?
Incidents damaging Europe’s undersea networks have become more frequent since Russia’s invasion of Ukraine in 2022, raising suspicions they are the result of sabotage.
Russia, asked about EU gas talks with Kyiv, says it favours a gas transit restart
Russia would like to see a resumption in the transit of gas via Ukraine, the Kremlin said on Tuesday, after the European ...
Europe Summer Gas Premium Surges as Germany Eyes Storage Subsidy
European natural gas for delivery this summer has become even more expensive than prices for next winter after Germany’s ...
ExxonMobil Launches Natural Gas Exploration Project Offshore Cyprus
XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as ...
The Moscow Times on MSN2d
What Next for Russian Gas in Europe: 5 Key Questions
Russian pipeline gas has stopped flowing to Europe through Ukraine as of the New Year, marking the end of a decades-long ...