EU investigates gas exports restrictions from Romania

The European Commission has launched a formal investigation on gas exports restrictions from Romania. It will look into whether Romania’s gas transmission system operator Transgaz has been hindering gas exports to other EU Member States and if it has abused a dominant market position. The investigation will focus on allegations that Transgaz has devised a […]

Gazprom’s gas exports to Europe hit record high in 2016

Russian state giant Gazprom’s gas exports to Europe hit an all-time high last year, up by 12.5%. It totalled 179.3 billion cubic meters, CEO Alexey Miller told Vladimir Putin during a meeting at the Kremlin. Around 17.8 billion cubic meters of gas was delivered to the UK in 2016. Gazprom states: “This historic achievement is […]

UK exporting lots of gas to Europe – market report

The UK is sending Europe plenty of gas through the pipeline to the Netherlands today according to the daily market report. This usually happens when prices on the continent are higher so gas sellers can get better returns. Ben Spry, Optimisation Desk Manager for npower said: “The gas system opened around 4mcm short this morning. […]