High oil prices, Hurricanes Katrina and Rita, forecasts of cold winter weather, are all conspiring to set up a potentially turbulent winter for the European gas market. A market which has been under...

Centrica, at the centre of bid speculation and facing tough trading conditions in its home market, has stepped up the drive to enter Europe with attacks on the slow pace of liberalisation. In a...

The European Federation of Energy Traders called for a single European energy market, arguing that competitors should be provided with a “level playing field”, offering fair prices and access,...

Italy’s Eni and Algerian state Sonatrach have set up a company to manage gas capacity through the TransMediterranean and Trans Tunisian Pipelines. Transmed SpA, a joint-owned company, will manage gas...

Italy’s Eni plans to boost company activity in LNG and refining areas to compensate for loss of domestic market share in the gas sector. In line with the Letta Decree, Eni’s share of the gas market...

Following the breakdown of negotiations between the federal German Cartel Office (Bundeskartellamt, or BKA) and gas merchants led by E.On Ruhrgas, it is likely that the issue of supplier dominance...

Following the breakdown of negotiations between the federal German Cartel Office (Bundeskartellamt, or BKA) and gas merchants led by E.On Ruhrgas, it is likely that the issue of supplier dominance...

Kogas, the world’s largest single LNG buyer, is hoping to replace missing Indonesian cargoes with spot and short-term supplies from Qatar’s RasGas and Oman, writes our correspondent in Hongkong.A...

Norwegian gas pipeline owner Gassco says it has sold nearly all available gas transport capacity for the coming gas year, starting 1st of October. Gassco conducts two purchase rounds each gas year...

If the Hurricanes of September demonstrate anything, it is that the United States needs to allow the LNG industry to invest in desperately-needed import capacity. It is too late for this winter, but...

Storage issues, balancing mechanisms, and regulatory environment were the major areas of discussion at the tenth round of the Madrid Forum in mid-September. Participants agreed that progress had been...

Portugal’s biggest power company, Energias de Portugal (EDP) will not appeal the ruling by the European Court of First Instance (CFI) blocking its plans to take over Gás de Portugal (GDP). On 21st...

Eurohub, the would-be gas hub operator in the Bunde/Emden region of northwestern Europe, has announced it will extend its pilot services scheme to Q4 ’05. The announcement is largely a formality, as...

Bonny Island force majeure endsNigeria LNG has ended the force majeure declared after a fire affected the main gas supply pipeline on 26th August, it was reported. “Trains one, two and three are...

BP will start deliveries to Elba Island in October under its agreement to supply Marathon Oil, say well-placed industry sources.The shipments from Trinidad are starting several months later than the...

The 87,000 cubic metre Hoegh Galleon, built 1974, will be put into lay up next month by its long-term charterer Suez Energy International.The ship, used irregularly during the last few years for the...

Poland’s natural gas monopoly Polskie Gornictwo Naftowe i Gazownictwo (PGNiG or POGC) successfully floated on the Warsaw bourse on Friday 23rd September. Shares opened at PLN 4.00 (EUR 1.02), a 34%...

A second Qatari contract for about $4 billion has been awarded to a joint venture of Chiyoda of Japan and Technip of France, the companies said this week.The group will build trains 6 and 7 of RasGas...

British network operator Transco has published its basic supply assumptions for the coming winter and has set its “storage monitor” levels. The market had been waiting for this since Transco said...

Plans for 50 cargoes this year for the UK’s new Grain LNG terminal are in doubt after the latest round of US gas price rises, say shipping sources in London.“With Henry Hub at these prices who would...