The energy-saving measures decided by the Spanish government as part of a European plan to reduce Russian gas imports, at the forefront of which is the limitation of air conditioning, came into force today in Spain in public areas. A government decree thus limits air conditioning to 27 degrees Celsius in most commercial establishments, cultural […]
Tag: natural gas
‘No’ from power producers to gas storage in Italy
The maintenance of additional natural gas reserves in Italy will not bring any benefit to the country’s security of supply, the power producers (Mytilineos, HERON, Motor Oil and ESAH) stress in the context of RAE’s public consultation on the preventive action plan for its security of supply of Greece with natural gas. The plan proposes, […]
DESFA: The picture of the market for the first half and for the categories of natural gas consumers
Power producers continue to record the highest consumption of natural gas, according to the data of the National Gas System Administrator (DESFA) for the first half of 2022. According to a post by DESFA on social media, for the first half of the year and for the categories of natural gas consumers, the following were […]
Natural gas registers a 2% rise – Oil is down
European natural gas prices moved higher on Wednesday after three days of decline, as countries in the region warned of a difficult winter ahead, as noted by the Bloomberg agency. The potential for Russian supply disruptions during peak winter demand remains in focus, keeping prices high even with gas storage levels currently normal for the […]
Natural gas registers a 5.2% rise – Oil falls
LAST UPDATE: 14.33 European natural gas prices moved higher on Wednesday after three days of decline, as countries in the region warned of a difficult winter ahead, as noted by the Bloomberg agency. The potential for Russian supply disruptions during peak winter demand remains in focus, keeping prices high even with gas storage levels currently […]
Natural gas is down by 2.5%
European natural gas prices fell for a third day in a row, as gas levels in Europe’s warehouses exceeded normal levels for the season, according to Bloomberg. In particular, the region’s natural gas storage facilities are 72% full, compared to the previous era’s average of 70.1%. Europe has rushed to replenish its natural gas stocks […]
Germany: Under conditions, problems in natural gas supply can be avoided
Germany could, under conditions, avoid gas supply problems ahead of winter, the Federal Network Agency estimates. According to the latest scenarios considered by the Agency, if the Nord Stream 1 pipeline continues until June 2023 to be used at 20% of its capacity, as currently, if there are savings from consumers of about 20% and […]
Bulgaria: The whole state supports the completion of the Greek-Bulgarian interconnector natural gas pipeline
“The entire Bulgarian state supports the contractor of the gas interconnector between Greece and Bulgaria to ensure the completion of the project,” Bulgaria’s Acting Minister of Regional Development and Public Works Ivan Syskov said today. The Bulgarian minister delivered a greeting at the start of the meeting with the companies involved in the construction of […]
Germany’s switch to diesel from gas comes at a cost
By Javier Blas Across Germany, officials have spent the final months of the war mulling how to respond if Russian President Putin cuts off natural gas supplies. And many, from small companies to mammoth enterprises, have come to the same solution: turn to oil. In Munich, the municipal utility has converted two gas boilers to […]
Inflation ‘slows down’, but prices soar – The trends for August and September
By Tasos Dasopoulos Signs of stabilization, after 11 months of rapid rise, shows inflation for July with estimates wanting to move in the region of 12% for the second month after June, without of course the wave of accuracy in fuel and food still showing signs of a visible retreat. As competent sources of the […]