Europe Gas Jumps as Germany Seeks to Subsidize Storage Refills
6 days ago · European natural gas jumped after Germany signaled it may subsidize the refilling of storage sites, spurring spot demand for the fuel and further driving a seasonal price spread.
LNG tankers change course to Europe as gas storage levels drop
4 days ago · The EU’s gas storage was 59 per cent full as of Monday, 15 per cent below the same time last year, according to industry body Gas Infrastructure Europe. Colder weather contributed to a faster ...
Europe’s Latest Natural Gas Supply Crunch - IER
Jan 13, 2025 · The supply cut-off has raised European natural gas prices to a level last seen in October 2023. The EU has been purchasing LNG to supplement its pipeline gas imports from Norway and Russia, with most LNG purchased from Russia. President-elect Trump has threatened Europe with tariffs unless they buy more oil and natural gas from the United States.
Europe Faces a Natural Gas Supply Challenge This Year
Jan 17, 2025 · Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. The UK has been especially brutal after its Labor government increased heavy windfall taxes on oil ...
Europe - Natural Gas & LNG News - Natural Gas World
Jan 8, 2025 · Europe The Russia-Ukraine energy divorce offers a chance for Europe to take control of its energy security Jan 7, 2025 12:15:pm
Why have European natural gas prices soared to over 1-year highs?
Nov 22, 2024 · European natural gas prices hit €46/MWh in November, spiking 16% on the month due to a cold snap, reduced wind output, and Russia-Ukraine tensions. LNG supply delays and high heating demand...
European gas prices hit peak for year on Norwegian production …
Oct 25, 2024 · European gas prices have climbed to their highest level of the year, as a production outage in key supplier Norway exacerbates market concerns over tensions in the Middle East. Europe’s main...
European gas prices plummet: Is the energy crisis finally over?
Feb 20, 2024 · European natural gas storage levels are currently at new five-year seasonal highs, with the EU's gas reserves at 65.9%, Germany at 71.56%, Italy at 60.3%, and France at 51.3%, according...
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The leading platform on natural gas news, LNG News, decarbonisation news and analysis on natural gas matters. Essential, accurate and reliable insight into the world of natural gas.
European gas price jumps almost 40% over supply disruption fears
Aug 9, 2023 · European natural gas prices surged almost 40 per cent on Wednesday as the potential for disrupted global liquefied natural gas supply from Australia spooked traders betting on further price...