Cookies on the ICIS website

close

Our website uses cookies, which are small text files that are widely used in order to make websites work more effectively. To continue using our website and consent to the use of cookies, click away from this box or click 'Close'

Find out about our cookies and how to change them

News Archive

Gas

Austrian TGL consortium applies for exemption from regulated TPA

The project company for the Tauern Gas Leitung (Tauern Gas Pipeline, TGL) has applied to the Austrian energy control commission to get regulatory exemption for the link. The Tauerngasleitung company...

30 Jun 2009 00:00 | EGM

Gas

Britain: Ability of system to balance

Despite key fields returning from maintenance over the past fortnight, the UK prompt and near curve markets have been extremely calm and steady.Day-ahead remained in a remarkably stable 1.50p/th...

30 Jun 2009 00:00 | EGM

Gas

Commission fires warning shot over energy reform delays

The European Commission has moved to take action against virtually all its member states over their failure to fully comply with existing energy market legislation. The censure came on the same day...

30 Jun 2009 00:00 | EGM

Gas

EEX starts intra-day auction, ponders gas balancing platform

German European Energy Exchange (EEX) will introduce new products for gas trading, the Leipzig-based company announced on 15 June. The EEX Exchange Council has paved the way for a new Intra-day...

30 Jun 2009 00:00 | EGM

Gas

EGM Comment

The latest decree from the Italian government is the last in a very long line of rules and regulations that simply serve to underline the difficulty for anyone, apart from the very biggest utilities,...

30 Jun 2009 00:00 | EGM

Gas

France: PEG Nord Day-ahead hits two-year low on warm weather

France’s PEG Nord Day-ahead price fell to €10.10/MWh on 26 June, its lowest assessment since 1 May 2007. Traders pointed to bearish weather-related fundamentals as the main price driver, with only...

30 Jun 2009 00:00 | EGM

Gas

Gazprom delays start-up of Bovanenkoye by one year to 2012

Gazprom’s latest plans for the period to 2012 envisage a one-year delay in the development of the huge Bovanenkoye field, Alexandr Ananenkov, deputy head of Gazprom’s managing board told a recent...

30 Jun 2009 00:00 | EGM

Gas

Germany: EGT Day-ahead loses its premium to the TTF

Germany’s EGT and BEB hubs generally moved in line with the TTF. In the course of the period covered, prices firmed, only to decrease at the end of the month. The two German hubs finished bearish...

30 Jun 2009 00:00 | EGM

Gas

Interview: Nord Stream expects to start as scheduled in 2011

While the barrage of noise about the Nabucco and South Stream pipelines continues, the other major pipeline import project to western Europe could now be very close at hand. The Nord Stream pipeline...

30 Jun 2009 00:00 | EGM

Gas

Ireland has no onshore storage, but two plans have come at once

The island of Ireland, which is reliant on Britain for more than 90% of its gas supply, has two projects vying for the position of first on-shore storage facility. Due to the geological make-up of...

30 Jun 2009 00:00 | EGM

Gas

Italy / Austria: PSV low; Austrian market jumps

The Italian market did not fulfill expectations and remained illiquid. It has been also extremely bearish, with the few reported deals closing at a discount to the Austrian market. July ‘09 traded in...

30 Jun 2009 00:00 | EGM

Gas

Market Highlights: NBP Q3 resists crash predictions as risk factors at play

The value of Q3 ’09 gas at the NBP has been startlingly stable over the past month. Prices have fallen dramatically following last year’s peak, but the potentially biblical flood of LNG this summer...

30 Jun 2009 00:00 | EGM

Gas

Netherlands: TTF spot held firm in the second half of the month

Despite a combination of long continental gas systems and weak demand, TTF prompt products stayed firm compared to the first half of the month, trading in the region of €11/MWh, for most of the past...

30 Jun 2009 00:00 | EGM

Gas

New Italian gas release helps both Eni and large industry

The Italian government has approved a new “anti-crisis” decree for 2010, with a whole page dedicated to a further 5 billion cubic metres (Gm3) that Eni will have to offer on the PSV for a new Gas...

30 Jun 2009 00:00 | EGM

Gas

News Briefs

UKAcquisition – Venture Production, an independent UK oil and gas producer, is to sell a package of minority stakes in some of its gas assets in the North Sea to Dutch Nuon for £96.5m (€114m) in...

30 Jun 2009 00:00 | EGM

Gas

Norway approves Troll, Oselvar plans

The Norwegian government approved StatoilHydro’s development plan for the Troll oil and gas fields, it announced on 19 June. In terms of natural gas production, the major modification will involve...

30 Jun 2009 00:00 | EGM

Gas

Russia signs supply deal with Azerbaijan

Azerbaijan will supply Russia with 500 million cubic metres (500Mm³) of gas per year, according to an agreement Russian President Dmitry Medvedev signed with Azerbaijan at a meeting in Baku. Russia...

30 Jun 2009 00:00 | ESGM

Gas

RWE’s Sayda-Eynatten pipeline progresses but faces delay

RWE is still determined to build a major gas pipeline connecting the Czech Republic and Belgium but the project faces a delay from its original 2011–2012 start date, the utility told ICIS Heren on 16...

30 Jun 2009 00:00 | EGM

Gas

Spanish auction may be the first step towards a market price

Spain held its first auction for gas to supply the country’s tariff of last resort (TUR) on Monday 16 June. The auction was carried out by OMEL, the Iberian energy-market operator in charge of the...

30 Jun 2009 00:00 | EGM

Search News Articles