The feasibility study on the construction of the so-called “Napucco” pipeline from Turkey to Austria should be completed by the end of next year, according to Econgas managing director, Werner Auli....

Around 40 companies are said to have expressed interest in the proposed sale by National Grid Transco (NGT) of up to five of its eight British local distribution zones. The huge sell-off, which could...

Blugas, which manages the gas supplies of ten Italian municipal suppliers, says it will have to hold back on expansion for a year because of the difficulty it continues to experience securing import...

The investigation of British spot prices by the regulator Ofgem is justified, although it may be that real evidence of price manipulation will be hard to come by. But beyond the oddities of the short...

The European Commission has cleared as expected Shell Deutschland Holding GmbH and ExxonMobil Central Europe Holding’s plan to transfer their German gas market activities from the Hanover-based joint...

The huge volumes of Qatari LNG due to arrive in the US and the UK in a few years are widely expected to shake up the business and raise its profile. But the initial effect has been unexpected and...

Regulator Ofgem has announced that it will probably exempt Gasunie’s proposed Balgzand-Bacton Pipeline (BBL) from the provisions of European TPA regulations. “Probably”, because the necessary...

Gaz de France (GdF) and Total have agreed to end their cross holdings in France’s two main “independent” transport grids so that they each end up with 100% of one. Under the same deal Total will buy...

German gas consumers remain committed to an entry/exit grid access model and as few balancing zones as possible, according to a joint position paper submitted by the main lobbying groups to the...

The Russian gas trader-producer Itera is transferring a 9% participation in Latvian Latviyas Gaze to Gazprom, apparently as part of the restructuring of Itera’s payments to Gazprom for gas transport...

Contrary to the fears often expressed by gas producers and their traditional merchant customers, liberalisation of the gas industry is not threatening the use of long-term supply contracts, according...

Prices began the last fortnight softer on the back of mild weather and healthy supply though this trend was later reversed in line with increasing demand and reduced flows through the BP-operated...

On 18th November E.On announced it had sold its 32.36% stake in swb AG, Bremen to EWE Oldenburg. The sale of this stake was one of the obligations of the ministerial allowance that enabled E.ON AG to...

Russia’s Itera continues to provide shelter for Gazprom’s sacked topmanagers. Following in the footsteps of Vycheslav Sheremet and AlexanderPushkin, comrades-in-arms at the monopoly’s former...

The Spanish OTC market moved lower for the seventh week running as wet weather continued to boost hydro supply. The Pool average for wholesale prices was between EUR 21.00 and EUR 26.00/MWh this...

The situation for Russian independent gas producers is critical, according to Viktor Baranov, president of the Union of Independent Gas Producers (UIGP). Speaking at a conference in Prague, Baranov...

The Russian oil giant Lukoil is to buying 40% of the gas production company Nakhodkaneftegaz from independent gas producer Novatek. Lukoil would not tell EGM the price of the deal but it is reported...

Widespread disquiet over the strength of spot prices in Britain since the beginning of October has led regulator Ofgem to launch an inquiry into the possible reasons. Should the regulator find...

The current transatlantic LNG arbitrage favours Europe, thanks to the unusually high spot prices at Zeebrugge. Although prices at Lake Charles, Louisana, are rising, only gas from Trinidad would be...

German gas transmission and trading company Wingas has recorded a notable increase in sales volumes during the first three quarters of this year, thanks to customer gains in Germany, the expansion of...