Today, 11 July, Gazprom will turn the spigot stopping all gas flows through Nord Stream 1 to Germany. The reason, as explained last week in the PTJ, is Nord Stream 1's annual maintenance work that will last until 21 July.
A Russian court has ordered the Caspian Pipeline Consortium (CPC), one of the world’s largest pipelines that take oil from Kazakhstan to the Black Sea, to suspend its activities for 30 days, adding to global concern over oil supplies.
From 11 - 21 July this year the Nord Stream 1 will undergo its annual inspection. For this work, Gazprom, Nord Stream's operator, will stop transmitting gas through the line. In past years these inspections went off without a hitch. Not so in 2022.
The Group of Seven leaders, which met in Schloss Elmaus, Germany, agreed to explore a price cap on the Russian oil and pipeline gas to increase pressure on the Russian regime by slashing its revenues while reducing inflationary pressure in the west.
With an ample investment of 750 million euros from the Dutch government, Gasunie, the Netherland's gas network operator, has been tasked with managing and operating a national hydrogen transportation network.
Parts of the network are due to be completed by 2026.
Finland intends to construct and operate a national hydrogen transmission network and link this infrastructure to other countries in the Baltic Sea region.
This advanced energy network will help reduce carbon emissions and bolster the long-term security of Finland's energy supplies following its decision to stop using Russian gas.
Vladimir Putin's ongoing invasion of Ukraine continues to roil global energy markets with particularly profound implications for the European gas sector.
Fatih Birol, Executive Director of the International Energy Agency (IEA), has warned Europe to prepare immediately for Russia to turn off all gas exports to the region this coming winter. He called on the Europeans to reduce demand and keep nuclear power plants open.
Turkey has laid the first pipes for the undersea pipeline network to transport onshore natural gas from the Black Sea to help slash the country’s dependence on energy imports. The pipelaying exercise which took place, which took place on Monday, June 13, via a video link, was witnessed by The Turkish president, Recep Tayyip Erdogan.
After months of deliberation and delays Lebanon will sign a final agreement to import yearly 650 million cubic meters of natural gas from Egypt to its energy poor country on 21 June 2022.
Mention of the project was first made in these pages on 9 October 2021.
The Center for Research on Energy and Clean Air has compiled a detailed dataset of pipeline and seaborne trade in Russian fossil fuels during the first 100 days of Putin's War of Aggression in Ukraine. It has found that exports of fossil based fuels soared to 93 billion euros in toto.
Record-breaking gas prices and market volatility are the new norm. Russian gas is increasingly being shunned and the EU has declared that it envisions a future without the Kremlin's primary bread-winner: natural gas.
Indigenous Australians are filing a lawsuit to stop Santos, Ltd., an Australian oil and gas exploration and production company, from developing the $3.6 billion Barossa gas project off the coast of northern Australia. The traditional landowners said they were not consulted about the drilling activities.
Nigerian state oil firm Nigerian National Petroleum Corporation (NNPC) has received a green light from the Nigerian government to go forward with the signing of a memorandum of understanding on the construction of a 5660-km gas pipeline via Morocco to Europe.
The first five months of this year witnessed Gazprom delivering substantially less gas to foreign destinations than in the previous year. 27.6 percent or 23.2 billion cubic meters of gas, to be precise.
At the same time, Gazprom transported more gas than previously to China through the Power of Siberia pipeline. The concern did not mention any numbers.
