Azerbaijan has proved itself a reliable gas supplier to Europe through the 3,200-km SGC system, but has the potential to also become an important supplier of clean energy. [Gas in Transition, Volume 3, Issue 8]
U.S. liquefied natural gas (LNG) company Venture Global LNG sold over 200 LNG cargoes worth about $18.2 billion since its first export plant started operations in March 2022, according to vessel data and Reuters gas price calculations.
The European Commission has proposed making the EU s scheme for joint gas purchases permanent, after demand exceeded expectations in the policy s first tenders to seek non-Russian fuel, a document showed and officials told Reuters.
Accordi ng to the European Scientific Advisory Board on Climate Change, the EU needs to target a 90-95% reduction in greenhouse gas (GHG) emissions by 2040, compared with 1990. In most of the scenarios considered, imports of natural gas are largely eliminated by this time. [Gas in Transition, Volume 3, Issue 7]