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World news
13.12.2018 12:28

ENTSO-G publishes the System Development Map 2017/2018

The European Network of Transmission System Operators for Gas (ENTSOG), in cooperation with Gas Infrastructure Europe (GIE), has published the eight edition of the map illustrating the development of gas supply, demand and infrastructure over 2017
03.12.2018 9:42

Qatar to withdraw from OPEC as of January 2019

Qatar is withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) as of January 2019, Saad al-Kaabi, the country’s energy minister said on Monday, Reuters reports. The decision came after Qatar, one of OPEC’s smallest
29.11.2018 10:44

The TAP and TANAP pipelines were connected at the border of Greece and Turkey

The connection of the Trans-Adriatic Pipeline (TAP) to the Trans-Anatolian Gas Pipeline (TANAP) was successfully completed, BTA reports. The weld was carried out on the border between Greece and Turkey in the presence of representatives of the companies
29.11.2018 10:07

Putin says $60 oil is ‘Absolutely Fine,’, while praising Saudi Crown Prince

The Russian President Vladimir Putin said current oil prices around $60 a barrel are “absolutely fine” for his country, adding that Moscow is ready, if there is a need to work with OPEC on stabilizing the market after a major drop, Bloomberg
20.11.2018 9:43

Turkey warns companies against energy exploration with Greek Cypriot government

Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean. The Turkish authorities say that such activities could damage regional stability, Reuters
20.11.2018 9:38

Russia adopts a wait&see stance before OPEC+ summit

Russia’s energy minister insisted the country and its allies in OPEC need to watch the oil market in the coming weeks before making any decisions to cut output, Bloomberg reports. “We need to see how the situation develops in November
31.10.2018 13:42

The European Commission approved a public service obligation for Klaipėda LNG terminal in Lithuania

The European Commission has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity of liquefied natural gas to the LNG terminal in Klaipėda, the press release states. In November 2013,
29.10.2018 10:25

Equinor makes a new oil discovery in the Barents Sea

Equinor announced today in a press release, the completion of an exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable barrels of oil. “This is an important discovery. It helps to determine
23.10.2018 10:40

Total begins LNG exports from Australia

Total announced that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July, the company announced in a press release. Ichthys
22.10.2018 14:25

Saudi Arabia has 'no intention' of an embargo

Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening crisis over the killing of Saudi journalist Jamal Khashoggi, Reuters
10.10.2018 13:02

Nord stream-2 will be realized even with the imposition of sanctions, said Novak

The project «Northern stream-2» will be completed, even if the United States impose sanctions against it, the Minister of energy of Russia Alexander Novak told journalists, RIA Novosti reports. «We hope that sanctions will not.
10.10.2018 12:20

Gulf of Mexico oil production decreases due to Hurricane Michael

More than a third of the oil production in the US Gulf of Mexico has been shut down as a precaution as Hurricane Michael moves through the region, pushing crude prices higher, the Financial Times reports. Hurricane Michael on Tuesday intensified
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Interview

17.09.2020  Boyana Achovski, General Secretary of the international organization Gas Infrastructure
In both short and long term, gas will continue being part of the energy mix of Southeastern Europe
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