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NATURAL GAS

Serbia, N. Macedonia ink deal on 14bcm/year gas pipeline

Date: 07.10.2024 Author: Maja Žuvela
Serbia, N. Macedonia ink deal on 14bcm/year gas pipelinePhoto: Roman Peklaj

Serbia and North Macedonia have signed a memorandum of understanding (MoU) to build a natural gas interconnector that could deliver 14bcm of gas per year and help diversify their supply routes.

TTF trading stable on mixed signals

Date: 07.10.2024 Author: Gabriel Power, Montel
TTF trading stable on mixed signalsPhoto: TAP AG

European gas prices were illiquid during early Monday trading, as improved flows from Norway and strong EU stocks counteracted geopolitical tensions and hurricane activity in the Atlantic Ocean.

EU LNG price hits 10-month high as it tracks gas gains

Date: 07.10.2024 Author: Andrés Cala, Montel
EU LNG price hits 10-month high as it tracks gas gainsPhoto: energetika-portal.si

Europe’s front-month LNG price climbed to a fresh 10-month high – tracking gains on the region’s benchmark gas hub, the Dutch TTF – now offering a premium to Asian LNG equivalents.

TotalEnergies wins second tender for LNG supply to Bulgaria

Date: 04.10.2024 Author: Montel
TotalEnergies wins second tender for LNG supply to BulgariaPhoto: UMAS London

France’s TotalEnergies has won Bulgaria’s supply tender for two 1 TWh LNG cargoes in November and December via Greece’s new Alexandroupolis LNG terminal, Bulgarian state supplier Bulgargaz said

Gas prices fall but bullish sentiment persists

Date: 04.10.2024 Author: Julia Demirdag, Montel
Gas prices fall but bullish sentiment persistsPhoto: TAP AG

European gas prices fell on Friday after rising in the prior session but overall market sentiment remained bullish amid fears of a further escalation in the Middle East and as the winter gas year

Market launch of Serbia-Bulgaria gas link set for December

Date: 04.10.2024 Author: Maja Žuvela
Market launch of Serbia-Bulgaria gas link set for DecemberPhoto: Roman Peklaj

The trial operation of the new 1.8bcm Serbia-Bulgarian gas interconnector will conclude in December, allowing it to enter its full commercial stage, Serbia's energy ministry told Montel on Friday.

Limited gas supply risk for CEE after transit halt – IEA

Date: 03.10.2024 Author: Maja Žuvela
Limited gas supply risk for CEE after transit halt – IEAPhoto: TAP AG

The expected halt of Russian gas transits via Ukraine will not pose an immediate supply risk for Hungary, Slovakia and Austria, but Moldova will be vulnerable, the International Energy Agency’s

EC tells Romania to drop gas, power export restrictions

Date: 03.10.2024 Author: Siobhan Hall, Montel
EC tells Romania to drop gas, power export restrictionsPhoto: Alenka Lena Klopčič

The European Commission has told Romania to remove laws that restrict cross-border trade in wholesale gas and power markets in a formal warning on Thursday.

TTF trades flat amid lofty storage levels, supply risks

Date: 03.10.2024 Author: Elias Huuhtanen, Montel
TTF trades flat amid lofty storage levels, supply risksPhoto: TAP AG

European gas prices were little changed in early Thursday trading as bearish fundamentals were offset by geopolitical concerns ahead of the winter heating season.

Global gas demand to hit record high in 2024 – IEA

Date: 03.10.2024 Author: Laurence Walker, Montel
Global gas demand to hit record high in 2024 – IEAPhoto: Andreja Krašna

The International Energy Agency (IEA) expects global gas demand to rise by 2.6% this year to a record 4,200bcm as Asia’s appetite for the fuel surges, and despite a marginal decline in European

Russian gas transit halt may squeeze Turkstream pipeline – CEO

Date: 02.10.2024 Author: Dalibor Dobrić
Russian gas transit halt may squeeze Turkstream pipeline – CEOPhoto: Plinovodi

If Ukraine halts Russian gas transit over its territory at the end of December, it may put pressure on the TurkStream pipeline due to limited capacity, the CEO of Serbian TSO Srbijagas said on

Gas prices fall from 7-wk high as fundamentals beat geopolitics

Date: 02.10.2024 Author: Kjersti Dalfest, Montel
Gas prices fall from 7-wk high as fundamentals beat geopoliticsPhoto: TAP AG

Europe’s benchmark gas contract retreated from a seven-week high hit earlier on Wednesday as despite an escalation of the conflict in the energy-rich Middle East fundamentals remained bearish.



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