Europe

Gazprom: Nord Stream 2 Cost Would Rise by 'Hundreds of Millions' to Bypass Denmark

An alternative route bypassing Danish waters for the construction of the undersea Nord Stream 2 gas pipeline would cost “hundreds of millions of dollars,” the chairman of Russian gas company Gazprom told Reuters.

OMV Chief Says No Need to Discuss Alternative Nord Stream 2 Route

There is no need to discuss alternative routes for Gazprom’s Nord Stream 2 gas pipeline project, which is still awaiting approval for its Danish leg, the chief executive of Austria’s OMV said on Thursday.

Putin Urges Denmark to Ignore U.S. Pressure Over Nord Stream 2

Russian President Vladimir Putin urged Denmark on Wednesday to ignore U.S. pressure and "show it has sovereignty" by allowing the Nord Stream 2 gas pipeline to go through its territory.

Shell Urges U.S. Congress to Withhold Nord Stream 2 Sanctions

Royal Dutch Shell is asking the U.S. Congress not to enact sanctions against the Russia-led Nord Stream 2 undersea gas pipeline to Germany, said Cederic Cremers, head of Shell's business in Russia.

Contaminated Oil in Polish Storage Tanks to Take 6-8 Months to Clean

Contaminated oil in Polish storage tanks that was shipped along the Druzhba pipeline from Russia will take another six to eight months to clean, Poland’s minister for energy infrastructure said on Friday.

LNG Investments Hit Record $50 Billion in 2019

Record investments of $50 billion have turned 2019 into a banner year for LNG, with Canada and the United States being the main drivers, the chief of the International Energy Agency (IEA) said.

Ukraine Seeking 'Full Recovery' of Gas Transport Costs from Russia

Ukraine is seeking a substantial payment from Russia for use of its pipelines to move Russian gas into Europe from 2020 but has still not received a Russian reply to its proposal, Naftogaz Chief Executive Andriy Kobolyev said on Friday.

LNG Tankers Divert to Asia; Floating Storage Rises After Price Spike

At least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating storage following a spike in Asian LNG prices in the past week, trade sources said.

Ukraine, Russia Fail to Reach Gas Deal for Europe but Agree to Meet Again

Russia and Ukraine failed to reach a new gas transit deal on Thursday, but said talks were "constructive" and they would meet again to try to find an agreement before the current one ends.

Bulgaria Signs up Saudi-Led Group for TurkStream Extension

Bulgaria's state gas company signed a $1.2 billion (1.1 billion euro ) contract on Wednesday with Saudi-led group Arkad to build a gas pipeline to carry mainly Russian natural gas.

Fire Put Out on Tanker at Norway's Sture Oil Terminal

Police evacuated people from a major tanker port in southern Norway Friday as a precaution after a fire on an oil tanker.

Total Seeks Buyer for Tainted Russian Piped Oil

France's Total has issued a tender to sell 1.3 million barrels of contaminated Russian Urals crude oil for loading from Rotterdam port, according to three trading sources.

TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary

The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak announced, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Gazprom Expects Danish Approval of Nord Stream 2 by October

Russian gas producer Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, the Russia International News agency (RIA) reported.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

Antin Infrastructure Looks to Sell Major UK Gas Pipeline

Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said.

Clean-Up of Polish Section of Druzbha Pipeline Could Take a Year

The operator of the Polish section of the Druzbha oil pipeline said on Tuesday that it could take up to a year to completely clean its part of the network.

U.S. to Help Poland, Ukraine Cut Dependence on Russian Gas

The United States, Poland and Ukraine agreed to enhance cooperation over secure gas supplies in the region which still relies on Russia.

Gazprom Braces for Decline in European Gas Exports, Prices

Kremlin-controlled energy giant Gazprom on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 following record-high volumes last year.

Nord Stream 2 Investor OMV Says Project Can Still Meet Deadline

The chief executive of Austrian energy firm OMV said the Nord Stream 2 company has not changed its expected completion date and could still deliver the project on time and budget, despite Denmark's still-pending decision on a construction permit.

Ukraine Plans to Create Capacity for Romanian Gas Imports

Ukraine, preparing for a possible cut in Russian gas supplies, has agreed with neighboring Moldova to modernize their border gas metering stations so it can receive gas from Romania, Ukraine's gas transport company Ukrtransgaz said on Monday.

LNG Steals Euro Market Share from Pipeline Gas, Breaking 4-Year Trend

Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four years amid a tripling in LNG imports into the region over the past 10 months.

Cleaning Polish System After Russian Dirty Oil to Take at Least Six Months

Cleaning the Polish pipeline and storage system after it was contaminated with tainted oil from Russia in April will take at least six months, Poland’s minister responsible for energy infrastructure said on Wednesday.

Boskalis to Manage Seabed, Shore Crossing for Scarborough Pipeline

Papendrecht, Netherlands-based Royal Boskalis Westminster said it has been awarded a contract valued at $162 million (145 million euros) for seabed intervention and shore-crossing activities for the proposed Scarborough export gas pipeline in northwestern Australia.

First Cargo of U.S. LNG Under PSNiG, Cheniere Long-Term Agreement Arrives in Poland

The first cargo of liquified natural gas under the long-term contract between Poland’s state-owned natural gas company, PGNiG, and U.S. LNG provider Cheniere Energy arrived today at the President Lech Kaczyński LNG Terminal in Świnoujście.

TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary

The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak said on Friday, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Nord Stream 2 Pipeline Challenges EU in Court Over New Ruling

The Russian-led Nord Stream 2 gas pipeline project is taking the European Union to court to challenge new rules it says endanger its business model, opening a new front in a fight that has divided EU nations.

Belarus Upset Over Transneft Compensation Cap, Calls Decision 'One-Sided'

Belarusian state oil firm Belneftekhim said on Wednesday it considered a decision by Russian oil pipeline monopoly Transneft on compensation for dirty oil to be “one-sided”.