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The EU’s phase-out of Russian gas is not guaranteed

Location:

EU

This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or…

Greece will rely more on gas as transition fuel

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GREECE

Over the past few months, the new Greek government under the leadership of Kyriakos Mitsotakis has demonstrated both its commitment to reforming the domestic energy market and its…

Middle East states will look to Europe’s gas market

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MIDDLE EAST/EUROPE

Eastern Mediterranean countries are scrambling to step up production and develop export channels for their gas to meet demand from Europe due to the Ukraine war. However, they…

Iran’s gas sector requires investment and know-how

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IRAN

The EU on March 10 set a deadline of 2027 to “achieve independence” from Russian gas. Iran, which has the world’s second-largest gas reserves, has the potential to become a major…

TurkStream will compete in a complex Balkan gas market

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BALKANS

With TurkStream, Russia has opened a new export route to the EU through South-eastern Europe under the Black Sea: Bulgaria, Greece and North Macedonia are receiving Russian gas…

Auction sales presage Gazprom European effort

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EUROPE

Gazprom held its first auctions, for Nord Stream gas, on September 7-10. Auctions represent a departure in Gazprom's sales strategy, and suggest that it is exploring alternatives…

TAP pipeline could reconfigure gas trade in Balkans

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BALKANS

The pipeline will run from Greece's Turkish border across the Adriatic, at a cost of 45 billion dollars. It inaugurates the Southern Gas Corridor linking the EU to producers in…

Iran gas can diversify European supplies in long term

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IRAN

The deal reached between Iran and the P5+1 negotiating group (UN Security Council permanent members plus Germany) on July 14 promises to end most sanctions on the country, in…

Pipeline to Italy will change Balkan energy market

Location:

BALKANS

TAP is supplying gas to Greece via the Nea Mesemvria facility near Thessaloniki; Bulgaria through a temporary link from Kulata on the Greek border; and Italy, joining its network…

Iran impact on global oil market will be slow

Location:

INT/IRAN

This drop reflected concerns over China's slowdown, fears that Greece would be forced to leave the euro-area, and the agreement of a deal between Iran and the P5+1 powers (five…