EU Commission says it will continue gas supply talks with Ukraine
The European Commission will continue talks with Ukraine on natural gas supplies to Europe and will include Hungary and Slovakia in these talks, according to a statement shared by an EU diplomat and seen by Reuters on Monday.
Europe’s Latest Natural Gas Supply Crunch
President Volodymyr Zelensky of Ukraine did not renew a transit agreement that allowed Russia to send natural gas to
Europe’s Gas Price Remains Elevated Amid Storage, LNG Supply Concerns
European natural-gas prices remained well supported, and ING said “the market and [EU] member countries are becoming increasingly concerned about the task of refilling storage through the injection season and the fact that the forward curve provides no incentive to store gas for next winter.
LNG tankers change course to Europe as gas storage levels drop
Tankers carrying liquefied natural gas are changing course in the Atlantic and heading to Europe, as cargo owners look to profit from a market hit by the loss of Russian pipeline gas flows through Ukraine.
Europe Faces a Natural Gas Supply Challenge This Year
Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.
Europe’s Gas Price Jump on Supply Fears
European natural-gas prices rose more than 3%, a jump largely attributed to an outage at the U.S. Freeport LNG facility and news that Germany might subsidize storage refills this summer to ensure the country reaches its target.
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Europe’s Gas Prices Slip But Remain High on Strong Withdrawals
European natural-gas prices slipped but remained elevated, with high levels of gas withdrawals a cause for concern.
Zelensky says Ukraine is ready to transit gas to Europe from Azerbaijan
Russian gas stopped flowing to Europe via Ukraine at the start of the year over Moscow's invasion of its neighbour. Read more ...
Europe Summer Gas Premium Surges as Germany Eyes Storage Subsidy
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Europe may need over 100 extra gas cargoes to refill shrinking stocks
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