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News Archive

Gas

APX to launch Zeebrugge Gas Exchange in January

APX will operate a new gas exchange at the Zeebrugge Hub to be launched with Endex and Fluxys subsidiary Huberator in January next year. The Zeebrugge Gas Exchange will be an on-line screenbased...

30 Jun 2004 00:00 | EGM

Gas

Arcelor´s Brazilian activities to herald lower gas consumption in Europe

The stepping up of Luxembourg-based steel maker Arcelor´s activities in Brazil may herald a shift of the company´s gas-supported production from Europe to overseas. The company, which is understood...

30 Jun 2004 00:00 | ESGM

Gas

Brent field gas production approaches the cliff’s edge

The Shell-Esso Brent field, which has been a constant in the UK gas supply slate for more than a quarter of century, appears to have entered its final decline. Most recent monthly production figures...

30 Jun 2004 00:00 | EGM

Gas

Draft framework drawn up for all-island Irish energy market

The governments of the Republic of Ireland and Northern Ireland have published a draft framework for the creation of an all-island energy market over the next three years. The document outlines the...

30 Jun 2004 00:00 | EGM

Gas

Dutch GTS may postpone launch of online booking

Dutch gas transmission firm Gastransport Services (GTS) may postpone the launch of its online booking service following the results of user acceptance tests, the company said this week. The roll out...

30 Jun 2004 00:00 | ESGM

Gas

Exxon and Qatar Petroleum commit to Zeebrugge LNG plant

Belgium’s Fluxys has signed a long-term capacity subscription agreement with Qatar Petroleum and ExxonMobil for the Zeebrugge LNG terminal. Fluxys now has the backing it needs to go ahead with the...

30 Jun 2004 00:00 | EGM

Gas

Focus on Ukraine

The Ukrainian gas market has seen major change in the past few years, not least because industrial gas prices have now risen to the point where they cover the costs of gas procurement. At the end of...

30 Jun 2004 00:00 | EGM

Gas

Frigg pipe maintenance will allow increased flows into St Fergus

France’s Total plans to close its Frigg pipeline - which brings gas into the St Fergus terminal in Scotland - for one month from the end of July for maintenance. Flows through the pipeline have been...

30 Jun 2004 00:00 | ESGM

Gas

Grain LNG launches sale of extra 7.2 million tonnes capacity

Grain LNG has begun the sale process for the additional 7.2 million tonnes per year (mt/y) of capacity it plans to add to the Isle of Grain LNG terminal. Grain LNG has already signed a 20-year...

30 Jun 2004 00:00 | EGM

Gas

Italian gas tariff stable due to oil pricing lag

Italian gas tariffs are to remain unchanged for the third quarter of 2004, the Italian energy regulator AEEG announced this week. The rise in the price of crude oil and petroleum products, to which...

30 Jun 2004 00:00 | ESGM

Gas

Italian regulators plan raft of reforms

Italy’s antitrust authority (AGCM) and the energy regulator (AEEG) have published a damning report on the lack of progress of liberalisation in Italy’s gas market, in spite of Italy having one of the...

30 Jun 2004 00:00 | EGM

Gas

Market Comment - Curve hits record highs at the end of June

The second half of June has been characterised by almost unabated bullishness on the NBP curve and new all-time highs on two consecutive days at the end of the third week of the month. Traders said...

30 Jun 2004 00:00 | EGM

Gas

Norwegian press calls for more Statoil executive fines

The National Authority for Investigation and Prosecution of Economic and Environmental Crime in Norway (Økokrim) has been called into question over its decision to fine Statoil and former director of...

30 Jun 2004 00:00 | ESGM

Gas

OFT will not refer SSE’s Atlantic purchase to Competition Commission

The UK Office of Fair Trading (OFT) will not refer Scottish and Southern Energy’s (SSE) acquisition of Atlantic Electric and Gas to the Competition Commission, it said on Wednesday. SSE paid £90.7...

30 Jun 2004 00:00 | ESGM

Gas

OMV opens storage on Day-ahead basis to boost liquidity

Austrian OMV Gas, the gas subsidiary of oil and gas group OMV, is opening its gas storage facilities on a Day-ahead basis to support liquidity on the balancing market in the country´s largest...

30 Jun 2004 00:00 | EGM

Gas

Ruhrgas braces itself for entry into Belgium´s Walloon market

The Wallonian government has granted German gas transmission group Ruhrgas a licence to supply end consumers in the Belgian region of Wallonia, EGM learnt recently from the Walloon energy regulator...

30 Jun 2004 00:00 | EGM

Gas

Russia’s Lukoil buys out ENI’s stake in Azeri Shakh Deniz field

Lukoil, Russia’s biggest oil company, has bought Italian ENI’s 50% stake in joint venture LUKAgip. LUKAgip owns 10% of the Shakh Deniz project, 8% of the associated midstream gas marketing entity,...

30 Jun 2004 00:00 | ESGM

Gas

Spain’s Gas Natural plans two 8 Gm3 LNG terminals in Italy

Gas Natural, Spain’s dominant gas distributor and wholesaler, plans to build two LNG regasification terminals of 8 billion cubic metres (Gm3) each in Italy. The company will present its proposals to...

30 Jun 2004 00:00 | EGM

Gas

Trianel: Five years of struggle in Germany’s gas sector

The first newcomer to the German gas market is celebrating its fifth birthday. Trianel European Energy Trading GmbH was founded in June 1999 by STAWAG Stadtwerke Aachen AG, ASEAG Energie GmbH,...

30 Jun 2004 00:00 | EGM

Gas

UK must push harder on US/Russia Kyoto ratification, say Lords

The UK government must continue to apply pressure on both the US and Russia to ratify the Kyoto Protocol, the House of Lords urged in a report published on Wednesday. With the environmental treaty...

30 Jun 2004 00:00 | ESGM

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