The TTF mainly found direction from the back end of the curve over the last two weeks, as an absence of short-term fundamental drivers left the front end directionless. With the exception of sporadic...

The lack of progress at Egyptian export projects has typified the challenges the gas-rich country faces both in revising the structure of its internal market and now in trying to cope with the impact...

The sharp Russian reaction to the EU offer of a loan (see story on page 9) for improving the Ukrainian transit system should come as no surprise.Since the beginning of this decade Russia has wanted...

Hungarian Emfesz and Russian Gazprom have confirmed they are in negotiations for Gazprom to take over the supply of gas volumes that were to have been delivered to Hungary this year by RosUkrEnergo...

RWE can go ahead with the announced sale of its German H-gas network and in doing so settle an antitrust case that the European Commission had brought against the company. The Commission announced...

Representatives of the European Commission, the government of Ukraine and several financial institutions signed a joint declaration this month, setting out a framework for investment to modernise the...

Another transmission system operator (TSO) is set to join the NetConnect Germany (NCG) market area, currently comprising E.ON Gastransport (EGT) and bayernets, by 1 October, ICIS Heren understands....

In France, strikes carried out by GDF SUEZ’s workers at storage facilities caused the premium of PEG Sud Day-ahead over its northern counterpart to soar from below EUR1/MWh to more than EUR2/MWh on...

The merger of GRTgaz’s transport zones on 1 January has already make a mark on liquidity and price direction on the French market, although participants thought it too soon to see dramatic changes....

Spain’s Gas Natural is negotiating to buy 10% of Sonatrach’s 36% stake in the forthcoming Medgaz pipeline, according to Dr Chawki Rahal, Vice President of marketing at Sonatrach. A spokesman for the...

The joint L-Gas 1 market area in northern Germany is to start as planned on 1 April, the transmission system operators (TSOs) Erdgas Münster Transport (EGMT), EWE NETZ and Gasunie Deutschland...

In Germany, the premium the EGT held over the TTF was quite volatile over the last two weeks, with the differential between EGT Day-ahead and its Dutch counterpart climbing to well over a euro and...

Communal heat and power companies have not been paying for their gas over 2008-2009. As at 24 March this year the Ukrainian heat and power producers’ total debt to Gaz Ukraina came to over Hryvna 5...

The Italian market has been falling in value but trade has been extremely sporadic in the second half, characterized by some offers but very few bids. The spread between bids and offers on balance of...

The last two weeks of March saw considerable volatility across NBP contracts with prices ultimately falling to the lowest levels since 2007 despite an earlier three-day period of solid increases....

ArmeniaCompetition - Gazprom has raised its stake in the Armenian gas company Armrosgazprom from 75.55% to 80% through acquisition of Russian independent Itera’s share in it. The Armenian state is...

The Polish government has passed legislation to fast-track the development and realisation of the Swinousjcie LNG terminal in northwest Poland. The law is designed to make the construction of the...

The Slovak economy ministry is considering an offer by Czech company SPP Bohemia to store Slovak gas on the territory of the Czech Republic, SPP Bohemia confirmed to ICIS Heren. Slovak Prime Minister...

The system of auctions used in Spain to set the price for gas supplied on the tariff of last resort (TUR) is flawed as it runs the risk of setting a price for gas that does not reflect the...

The latter half of March was characterised by steady, forward (towards the continent) flows through the UK-Belgium Interconnector pipeline, which averaged approximately 15Mm³ from 16-29 March and...