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Russia’s Gazpromexport, Vienna-based RAG AG and Russo-German Wingas have officially opened the underground gas storage site at Haidach, in Austria near the German border, following completion of the...
31 May 2007 00:00 | EGM
BBL Company, the operators of the Netherlands to UK pipeline, has launched an open season with a view to expand forward flows through the pipeline. Depending on the response to the open season, BBL...
Planned maintenance outages in the North Sea, coinciding with cooler temperatures, briefly boosted Dutch prompt prices mid-May. Traders questioned how sustainable these gains were, saying the...
Natural gas seems to be the fuel that – at least in public policy debate – “dare not speak its name”.The British government’s long-awaited white paper on energy was published in late May, with the...
The European Commission (EC) this month conditionally approved a temporary exemption from regulated third party access for the planned 8 billion cubic metre (Gm3) Italy to Greece Interconnector...
Russia’s Gazprom, Estonia’s Eesti Gaas and Finland’s TSO Gasum have announced plans to build a 2 billion cubic metre/year (2 Gm3/yr) gas pipeline between Finland and Estonia. The proposed link is...
The Nabucco pipeline is the most economically viable choice for Turmen gas supplies to reach Europe, according to figures published by East European Gas Analysis (EEGA). The analysis shows that,...
At PEG Nord, a public holiday made Day-ahead shoot up to around EUR 14.00/MWh, as players were said to struggle to balance their positions. This was more described as an aberration than an indication...
The German BEB was particularly active during the third week of May, with prices taking bullish direction from the TTF. Liquidity was thinner at the EGT. Anticipation of maintenance work restricting...
In contrast to the first two weeks of May, the summer price on the PSV softened in the third week of May with most deals dropping to hit EUR 15.00/MWh. Prices had firmed briefly over the previous two...
NBP forward contracts price levels finally succumbed to rises on the oil markets (and the nearside gas market). Until recently, the Winter ’07 contract at the British wholesale gas hub (NBP) had...
Former Hungarian incumbent MOL is considering doubling the capacity of the Brotherhood gas pipeline from Ukraine up to an additional 10 billion cubic metres (Gm3) annually. According to Hungarian...
NBP forward contracts from Winter ’07 onwards gained value in the second half of May, as the near seasons finally succumbed to gains on oil markets and the gas prompt, following several pushes which...
BelarusPipeline operator - Gazprom and Beltransgaz, the Belarusian gas transporter, have signed the agreement handing a 50% stake in Beltransgaz to the Russian gas monopoly and establishing a joint...
A Danish gas exchange could be up-and-running by 1st October this year, with the possibility of offering physical contracts in Day-ahead, Weeks, Months and Quarters, Nord Pool Spot c.e.o. Jørn Limann...
Poland’s gas pipeline system is set to be fully integrated over land to West European infrastructure in the future, German/Russo joint-venture Wingas said. “This means Poland would be able to obtain...
The largest fertilizer producer in Poland, ZA Pulawy, recently announced its strategy for the years 2007-2017, in which it said it would be looking at a number of alternatives to source cheaper gas...
A total of 82.8 million cubic metres (Mm3) traded in the latest Mezhregiongaz (MRG) auction on 21st May, marking a significant session-on-session fall, according to figures published on MRG’s...
Czech gas incumbent RWE Transgas is planning a second gas pipeline to accommodate Russian gas from the Nord Stream project. Initial estimations of the cost of this second pipeline are around CZK 15...
Bullishness at the British NBP briefly helped lift prices at Belgium’s Zeebrugge hub mid-May. The impact of lower Norwegian flows through the Langeled pipeline and a one-day maintenance at Emden in...
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