LNG
Global LNG supply may increase by only 4% in 2023, which won’t be enough to make up for the predicted decline in Russian pipeline gas deliveries to Europe, according to the IEA
The EU has proposed extending emergency legislation to reduce gas demand by 15% for another 12 months
Annual average growth of supply is predicted to sit at 5.3% for the next seven years
Wind, hydro and solar generated 34TWh of electricity since 1st October, according to a report
The US exported the most LNG to the continent in 2022
It will assess whether the compensation granted to Litgas for supplying a mandatory quantity of LNG to the terminal in Klaipėda between 2016 and 2018 is in line with state aid rules
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility
Ursula von der Leyen has said European countries are likely to fall short of 30 billion cubic metres of gas next year
The Prime Minister will reportedly announce details after the COP27 summit
It warns the region could face a gap of as much as 30bn cubic metres of natural gas during the summer period