Photo: Andreja Krašna

The Romanian commodities exchange BRM has reached a deal to acquire its Bulgarian gas counterpart Betp, in a move which should deepen regional cooperation in natural gas trading, it said on Friday.

Photo: TAP AG

European gas prices fell on Friday after Russia relaxed rules on the use of foreign currency to pay for its supplies and the potential for mild weather towards late December stoked bearish sentiment.

Photo: Roman Peklaj

Hungary will likely continue buying gas from Russia as low prices and Budapest’s strong political ties with Moscow fly in the face of other EU nations seeking alternative supplies, analysts said.

Photo: TAP AG

Russia has relaxed rules on the use of foreign currency to pay for its natural gas via Gazprombank, the country's presidency announced late on Thursday.

Photo: TAP AG

Benchmark European gas continued yesterday’s fall on Wednesday, though looming cold weather and persisting concerns about Russian supplies indicated there could be some upside.

Photo: TAP AG

European gas prices inched down in a correction on Tuesday but market participants expected prices to remain supported by concerns around Russian flows, cold weather and competition for LNG.

Photo: energetika-portal.si

Europe’s front-month LNG price has tracked gas hub prices to reach a more than 13-month high on colder forecasts and faces ratcheting competition for the fuel from the Asian equivalent price, which

Photo: Roman Peklaj

Bulgaria’s Chiren gas storage facility looked set to double capacity to 1bcm from early next year, enabling the country to secure sufficient supply over the winter, the energy minister said on

Photo: TAP AG

Europe’s benchmark gas contract was rising on Monday, as Russian flows into the EU via Ukraine dipped ahead of the expiry of the Russia-Ukraine gas transit deal, compounding winter supply fears.

Photo: TAP AG

European gas prices inched down on Friday amid higher LNG deliveries to Europe this week, but the trend may not continue next week, market participants said.

Photo: TAP AG

European gas prices fell for the third session in a row on Thursday amid a milder weather outlook that should lower heating demand, though prices still remained elevated amid geopolitical risks.

Photo: Gazprom

Sanctions on Russia’s Gazprombank are unlikely to halt gas flows to Europe or Turkey with a workaround expected to be forged to appease all sides, although some risk of disruption remains, say