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News Archive

Gas

Austrian Haidach storage site ready for injections in July

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

Gas

BBL to boost forward flows and promises virtual reverse flows

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...

31 May 2007 00:00 | EGM

Gas

Dutch TTF: prices hold firm in spite of bearish fundamentals on back of NBP

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...

31 May 2007 00:00 | EGM

Gas

EGM Comments

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...

31 May 2007 00:00 | EGM

Gas

EU gives Italy-Greece Interconnector pipeline exemption from TPA

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...

31 May 2007 00:00 | EGM

Gas

Finnish-led consortium plans 2 Gm3 pipeline from Finland to Estonia

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...

31 May 2007 00:00 | EGM

Gas

Focus on Nabucco

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,...

31 May 2007 00:00 | EGM

Gas

French PEG: Maintenance fails to influence price levels

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...

31 May 2007 00:00 | EGM

Gas

German markets: Maintenance supports prompt before levels slip

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...

31 May 2007 00:00 | EGM

Gas

Italian PSV: Summer starts to fall; focus Gas Year auctions

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...

31 May 2007 00:00 | EGM

Gas

Markets Highlight: Prices finally succumbe to oil gains

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...

31 May 2007 00:00 | EGM

Gas

MOL considers Brotherhood expansion to meet peak demand

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...

31 May 2007 00:00 | EGM

Gas

NBP: Winter ’07 gains as prompt sentiment turns bullish

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...

31 May 2007 00:00 | EGM

Gas

News Briefs

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...

31 May 2007 00:00 | EGM

Gas

Planned Danish exchange could offer prompt and near curve

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...

31 May 2007 00:00 | EGM

Gas

Poland’s gas network to be fully integrated into W. Europe

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...

31 May 2007 00:00 | EGM

Gas

Polish Pulawy considers coal-to-gas in face of TPA difficulties

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...

31 May 2007 00:00 | EGM

Gas

Russian exchange traded volumes fall 57% on last session

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...

31 May 2007 00:00 | EGM

Gas

RWE Transgas plans additional pipeline and unbundles storage

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...

31 May 2007 00:00 | EGM

Gas

Zeebrugge Hub: British bulls lift prompt, but spikes short-lived

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...

31 May 2007 00:00 | EGM

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