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Cove Point, Freeport Production Curbed as Energy Crisis Deepens in Europe - LNG Recap
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Energy prices in UK set to soar with experts warning of winter blackout - here s why
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European Industrial Blackouts Said Possible This Winter Amid Soaring Natural Gas Prices
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UK: Angus Energy provides general operations update
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A roundup of news and commentary from NGI’s LNG Insight
Gazprom PJSC did not book any of the 63.7 million cubic meters/day of interruptible natural gas pipeline capacity through Ukraine at a monthly auction on Tuesday. It was the fourth consecutive month that Gazprom did not take additional volumes. The company has been booking additional firm capacity to move supplies via Ukraine to Europe. The company also has annual volumes contracted through the rival country until 2024.
“Russia is most likely keen to ramp up Nord Stream 2 flows as soon as possible to avoid nominating capacity via the costlier Ukrainian and Polish routes, coincidentally driving European gas prices higher amid depleted storages and high demand,” said Schneider Electric analyst Balint Balazs.