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Early 2021 sales point to Russian gas export recovery

Location:

RUSSIA

Gazprom faced unprecedented disruptions in 2020: a mild European winter in 2019-20, the slump in demand stemming from COVID-19 impacts, and competition from liquefied natural gas…

Fit for 55 could weaken EU industrial competitiveness

Location:

EU

Further strengthening of the EU Emissions Trading System (ETS), combined with phasing out free allocations and introducing a Carbon Border Adjustment Mechanism (CBAM), looks…

Eastern Europe's rate policies diverge with Czech cut

Location:

EASTERN EUROPE

The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…

The EU is ramping up its climate legislation

Location:

EU

The EU is preparing for a new phase of climate change action in which it hopes to expand existing green technologies and develop those required to allow deep decarbonisation.

Russia and Central Asian states will cooperate on gas

Location:

RUSSIA/CENTRAL ASIA

The same month, Kazakh Energy Minister Almasadam Satkaliyev said Russia was willing to accept reduced rates for its gas. The two announcements follow an intense diplomatic game…

Turkey will claim larger share of Balkan gas markets

Location:

BULGARIA/TURKEY/BALKANS

Turkish state-owned utility BOTAS has a supply contract with Bulgargaz which also includes access to the Bulgarian grid. It is in position to resell Russian gas to customers in…

Russian gas exports may see uptick in fourth quarter

Location:

RUSSIA

Before the COVID-19 related downturn in demand, Gazprom's position as Europe's dominant supplier was challenged by higher liquefied natural gas (LNG) imports. The company is being…

Qatar and United States to feed global LNG appetite

Location:

INTERNATIONAL

LNG spot prices will remain elevated through 2025, dampening short-term demand growth in Asia and encouraging upstream gas sector investment in Europe and North Africa.

Gas crunch will affect South-East European politics

Location:

BALKANS

This 30% hike, from BGN102.33 in December, was at the request of Bulgargaz, the state-owned gas distributor. The decision came in the wake of a parliamentary vote on December 16…

EU’s gas position will remain exposed to shocks

Location:

EU

It is expected to receive much less Russian gas this year than last. Power sector developments and increased liquefied natural gas (LNG) import capacity are both positive, but the…