Ministers agree to extend gas saving policy through 2024
With no end in sight to president Putin’s war on Ukraine, European energy ministers have agreed to extend for a second year voluntary measures to keep natural gas demand across … Read More
Tag: LNG
EU is weaning itself off Russian gas despite uptick in LNG imports – European Commission
Fossil fuels imports from Russia have fallen dramatically, the European Commission stressed on Thursday, following reports that the bloc’s purchases of Russian liquified natural gas (LNG) are up 40% compared … Read More
EU purchases of Russian LNG up 40% compared to pre-war levels, new study finds
The European Union vowed to drastically cut imports of gas from Moscow over its invasion of Ukraine but data shows the bloc’s purchases of Russian-made liquefied natural gas (LNG) have … Read More
Winter is gone. But can we really say Europe’s energy crisis is over?
Europe’s winter has come to an end. While this winter had the standard duration of three months, it felt like the lengthiest season on record: it had arrived in the … Read More
Energy crisis: EU moves ahead with plans to buy gas jointly in a bid to secure lower prices
The European Union is moving ahead with novel plans to buy gas jointly in a bid to leverage the bloc’s purchasing power and secure lower prices from international suppliers. The … Read More
‘It’s a bad joke’: Energy ministers blast proposed EU cap on gas prices
EU energy ministers criticised the European Commission’s latest proposal to establish the first-ever EU-wide cap on gas prices as unfit and a “bad joke” ahead of a meeting in Brussels. … Read More
Energy ministers reach deal on EU-wide gas reduction plan
Energy ministers from EU countries have reached a deal on an unprecedented energy plan that will introduce a voluntary 15% reduction in gas consumption across the bloc from now until … Read More
EU’s power crunch: What countries will fill the gap left by Russian gas?
The clock is ticking for the European Union. The bloc is rushing to slash its deeply entrenched and highly costly dependency on Russian fossil fuels, the Kremlin’s most lucrative exports … Read More
