Articles filed under Europe

The first of three planned onshore LNG import projects in Germany has broken ground as the country continues its journey as one of the fastest growing destinations in Europe for the super-chilled fuel.

Hot weather in Asia continues to attract LNG cargoes from the Gulf Coast, which has created a lopsided shipping market.

No. 1: The European Union (EU) has approved a package of policies around the shipment of Russian LNG to member countries, marking the first official restrictions on natural gas from the country since the war in Ukraine began in 2022.

Hot weather and maintenance work cutting into supplies pushed global natural gas prices higher on Monday.

An influx of LNG once again has Europe on track to fill its storage inventories ahead of the winter heating season.

Equinor ASA and its partners in Norway’s Troll field plan to invest more than $1.1 billion in the western part of the production area to sustain high levels of natural gas exports to Europe beyond 2030.

The European Union’s (EU) efforts to limit its dependence on Russian energy supplies have led to steep drops in natural gas consumption, helped to diversify suppliers and accelerated the transition to clean energy, according to a review of the initiatives.

As negotiations with Russia for regional export projects have failed, Turkey is working with other partners and moving forward on plans to form a regional natural gas export hub. 

National Grid plc announced it would sell the Grain LNG terminal in the UK, Europe’s largest import facility, to help fund its capital investment plans. 

Global LNG demand continued to expand last year amid a broader recovery in global natural gas consumption following the 2022 energy crisis caused by Russia’s invasion of Ukraine, according to Cedigaz.