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The daily filling rate of underground gas storage facilities in Europe has dropped below 60%, according to data from the Gas Infrastructure Europe (GIE). The total volume of gas in the European gas storage facilities reached almost 65 billion cubic meters as of 05:00 GMT on March 4, GIE data…
Global gas consumption declined by 1.6% last year and will remain at approximately the same level in 2023, but "blue fuel" prices may still resume their growth amid lifting of COVID-19 restrictions in China, the International Energy Agency (IEA) said on Tuesday. "Natural gas markets worldwide continued to tighten last…
Germany's natural gas storage facilities have reached an occupancy rate of nearly 72%, the Federal Network Agency said on Monday. "The overall storage level in Germany is 71.99 %," the agency said in a statement. Thus, since last Friday, the gas storage capacity has increased by 1.6 percentage points from…
The Nigerian government on Wednesday approved a proposal for the construction of a gas pipeline connecting Nigeria and Morocco. Nigeria's Federal Executive Council at a weekly meeting approved a proposal presented by the ministry of petroleum resources and directed the state-run Nigerian National Petroleum Corporation(NNPC) to execute a Memorandum of…