Plans to increase regasification capacity at the Egyptian terminal of Damietta have suffered a blow because of the economic recession, but for the North African country, stakes are now higher on its...

The Russian Federal Antimonopoly Service FAS is bringing proceedings against Gazprom following a complaint by oil and gas company Rosneft that Gazprom illegally refused access to its pipeline system,...

Gazprom declined to confirm reports of delays to the Shtokman project this month. “The project schedule will be confirmed when the investment decision is made by the shareholders in Shtokman...

Gazprom’s European gas sales for Q3 2009 came to 37 billion cubic metres (Gm3) – a 9% rise – according to the company’s Q3 report, issued to Russian accounting standards. The results did not include...

Next year’s price of gas to Belarus “will be probably be 30–40% lower than the gas price to comparable territories in comparable countries”, Russian president Dmitri Medvedev told a press conference...

Turkmenistan is planning to commission a new 6 billion cubic metres per year (Gm3/yr) pipeline to Iran this December, taking gas from the production field at Dauletabad to Salyr Yap. At the annual...

ArmeniaPrices – Russia’s Gazprom will raise its gas price to Armenia next year by less than previously expected, Armenian energy and natural resources minister, Armen Movsiyan, told the ARKA news...

This month, Qatargas announced memorandums of understanding (MoUs) for a total of up to 7 million tonnes per annum (mtpa) of new potential supply – equivalent to 9.8 billion cubic metres/year of...

Regulators are standing with traders in vehement opposition to proposals from the EU Commission’s markets directorate (DG Markets) made in October for mandatory central clearing for all trades and...

The Russian gas trader-producer Itera and the Russian state-owned oil producer Zarubezhneft have signed an exploration and production cooperation agreement for block 21 of the Turkmen sector of the...

Snam Rete gas confirmed that Sardinia is due to receive 38 connections on the planned Galsi pipeline. The pipeline is the only economically feasible means of giving the island gas to encourage...

In the third week of November, outright prompt prices failed to find the support usually extended to them by cooler temperatures, as the winter seemed reluctant to arrive. Some strides upwards came...

NBP curve contracts were forced down further in the second half of November as supply confidence for 2010 grew. The prompt was generally bearish, as high flows offset a weather-driven rise in demand....

French prices were generally low in the course of the past two weeks as a result of high temperatures as well as a well-supplied Continent. Despite bearish fundamentals, PEG Nord Day-ahead was robust...

The spot markets in Germany were very volatile over the last two weeks, posting strong gains one day and large losses another.As a result, it became harder to nail down where the spreads were in...

The Italian PSV continued its slow-paced activity, although a steady number of deals were reported. The front month was pressured by warm weather and news on the offered Rovigo regasification plant...

The TTF spot market initially spent much of the last two weeks taking a hit, shedding almost a euro and a half over the period, and on one occasion shipping €1.00/MWh day on day and on another...

Mild weather and a comfortable system have driven prompt prices downwards over the last two weeks, with the Q1’10 marching quietly behind. The affect of this downturn in the near curve is that the...

UK LNG imports for the first nine months of 2009 increased year on year by a factor of six, reaching 4.51 million tonnes, import statistics published by HM Revenue & Customs showed.In September, LNG...

Representatives from US energy companies warned lawmakers this month against regulating the over-the-counter (OTC) derivatives market, as proposed in the sweeping financial reform bill introduced by...