The April ’08 UK Heren Monthly Power Index stood at £56.96 (EUR 71.98)/MWh (see chart) – £36.20/MWh (174%) up on the April ’07 index (£20.76/MWh). This marks an 8.3% rise on the March ’08 index of...

The pilot project to start Day-ahead firm capacity trading on the Dutch/German border is suffering further delays. The APX exchange was due to launch a trading platform for capacity on 1st April but...

The next round of UN-led climate change talks are set to be held in Bangkok next week, three months after the road-map to a new international treaty was hammered out in Bali and a year before a final...

Freeport LNG and Sabine Pass have both lined up commissioning cargoes arriving around the middle April, to cool down their new Gulf of Mexico LNG terminals.Freeport LNG has a cargo coming from BG...

The European Commission is “likely” to publish the verified emissions data for 2007 on 1st April, the day after the deadline for submissions, a spokeswoman for the European executive said on Friday....

As the sale prices of LNG and oil remain high, along with vastly-increased capital costs for large-scale liquefaction plants, a number of mini-liquefaction ideas have emerged in the quest to extract...

Shippers flowing gas into Belgium will now be able to nominate a new entry point to the grid just one day in advance, grid operator Fluxys said on Monday. Before, shippers had to nominate the entry...

SPE new market-maker on BelpexBelgian power producer SPE will become market-maker on Belgian exchange Belpex’ recently-launched continuous Intra-day market (CIM) from 1st April, the two companies...

Gazprom’s board of directors met this week to discuss whether to embark on an “aggressive” LNG investment programme that would see the Russian gas incumbent spend $15 billion (EUR 9 million) on LNG...

The approval by the US’ Federal Energy Regulatory Commission (FERC) of Shell’s $700 million (EUR 443 million) floating East Coast regas project, Broadwater LNG, last week met with stinging criticism...

Italian regulated power prices will rise by 4.1% in Q2 ’08, compared with the previous quarter, while gas tariffs are set to increase by 4.2% from April, according to Italian energy regulator AEEG,...

Italy’s Ministry for Economic Development (Mse) has finally approved the decree to force holders of new import contracts to offer some of its gas volumes to the OTC market, PSV, the Mse announced on...

Indonesian state gas company Pertamina and six Japanese utilities appear to have agreed the gas price for a supply contract extension until 2020, ahead of the start of the Japanese financial year on...

As the first quarter of 2008 draws to a close, signals from the LNG market are still pointing towards an expensive summer for LNG buyers in Asia and limited cargoes available to fill storage in the...

Pipeline plan boosts EG Train 2The potential for a second train at Equatorial Guinea LNG (EG LNG) has been boosted by reports that Cameroon and Equatorial Guinea are in talks to invest over $100...

Qatar’s first mega-train is expected to start up “later, rather than sooner”, a source in the country told HLM this week. Operator Qatargas is said to be focusing nearly all its energy on getting...

German grid operator RWE Transportnetz told Heren Energy on Monday it has no intention of changing the allocation rules on the French/German border, despite mounting pressure from traders.“Only in...

Production at StatoilHydro’s Snøhvit LNG facility at Hammerfest was suspended on 18th March, due to another leakage in one of the seawater heat exchangers, StatoilHydro confirmed this week.A...

LNG demand in Japan looks set to win further support in the medium term, following an announcement this week that Tokyo Electric Power Co (Tepco) is to postpone by a year the start of commercial...

British carbon, emissions stood at around 11 million tonnes (Mt) in 2007, 2% lower year-on-year, according to the latest official data. This fall was due to more fuel switching, with power generators...