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Europe & Russia

Project Insights
Mostar Bridge in Mostar.

Bosnia-Croatia pipeline moves forward amid controversy

The project has received EU backing for a feasibility study but faces many hurdles, including competition from a scheme intended to link Bosnia to Serbia and the TurkStream pipeline.

3 days ago Pipelines, Storage & Power
A section of Polish pipeline

Baltic Pipe passes hurdle after approval by Danish regulator

The planned 10 bcm/y Baltic Pipe has moved closer to becoming reality after the Danish environment agency approved an onshore section of the pipeline.

4 days ago Pipelines, Storage & Power
Lithuania's Independence FSRU

Lithuania boosts exports to neighbours amid low spot LNG prices

The country's Klaipeda LNG terminal has strengthened its position as a regional gas hub after record-high regasification volumes in June.

12 July 2019 LNG

Higher EU carbon prices trigger switch to gas

Higher carbon prices in the EU are helping gas to push coal out of the region’s power mix.

12 July 2019 Pipelines, Storage & Power

Russian gas volumes via Ukraine up 20% in Q1

Russia exported around 16 bcm of gas to the EU via the Ukrainian route in the first quarter of this year, making it the main supply corridor for Russia-EU flows.

8 July 2019 Supply & Demand

European LNG terminals see higher utilisation as spot prices drop

Low prices for spot LNG in Asia have led to more cargoes heading to European ports in recent months, boosting utilisation rates at Europe's terminals.

5 July 2019 LNG

Gas squeezes out coal in Spain’s power mix

Gas has taken significant market share from coal in Spanish power generation in recent months as a result of lower LNG spot prices and relatively high prices for carbon allowances.

3 July 2019 Pipelines, Storage & Power

Qatar regains position as UK’s biggest LNG supplier

Qatar took back its position as the biggest supplier of LNG to the UK in March and April this year, after having lost market share to Russian and US exporters during winter 2018/2019.

28 June 2019 LNG
An EDF offshore wind turbine

France’s offshore wind boom offers hope for gas players

Increasing investor appetite for offshore wind, coupled with the phase-out of coal and retirement of older nuclear plants, could leave more room for gas in the French power mix.

27 June 2019 Pipelines, Storage & Power

CEE pipeline construction continues amid delays

The construction of pipelines for diversifying supplies in Central and Eastern Europe is continuing while Gazprom carries out its South Stream Lite project.

20 June 2019 Pipelines, Storage & Power
Shipping in Ukraine's section of the Black Sea.

Kiev attracts foreign investors with PSA tenders

Ukraine has started to attract international oil and gas players to its territory with its most recent auctions.

18 June 2019 Exploration & Production
The Swinoujscie LNG terminal in Poland

PGNiG positions itself as LNG trader after US deals

The Polish company has signed major new supply agreements for US and Qatari LNG cargoes that may enable it to start re-exporting the fuel after 2023.

13 June 2019 LNG
Welding on the Serbian section of South Stream

Bosnia to be next battleground for CEE energy

Serbia is planning to extend the TurkStream pipeline across the north of Bosnia & Herzegovina, but Croatia is also building an interconnector in the south of the country.

13 June 2019 Pipelines, Storage & Power
Gazprom CEO Alexei Miller and Moldovan President Igor Dodon.

Interconnector delay weakens Moldova's hand

The Romania-Moldova Interconnector will not be ready until at least August 2020, six months after the expiry date of Moldovagaz’s supply contract with Gazprom.

11 June 2019 Pipelines, Storage & Power

Renewables investment fall leaves EU short of targets

Many EU countries risk missing their 2020 renewables targets because of a slowdown in investment since 2014, EU auditors have warned.

6 June 2019 Policy & Regulation
Greece's Revithoussa LNG terminal.

Bulgaria diversifies imports ahead of exchange launch

Bulgaria is collaborating with Greece and Turkey to provide easy access to their LNG terminals in advance of launching a new trading bourse.

5 June 2019 LNG
Krk island

Croatia’s Krk FSRU on track for completion in 2021

The developer began building the infrastructure for the project in April without making a public announcement, in the hope of avoiding environmental protests.

4 June 2019 LNG

European storage sees improved margins from TTF spread

The price difference between summer and winter gas prices on the TTF has widened substantially in recent months, providing economic support for storage injections.

31 May 2019 Pipelines, Storage & Power
The Petromar Central platform in Romania's Black Sea.

BRUA open season extended until October

FGSZ and Transgaz have delayed the deadline for booking capacity on their sections of the BRUA pipeline, suggesting FIDs on Black Sea gas projects are unlikely anytime soon

31 May 2019 Exploration & Production

Europe’s long goodbye to coal

Several countries in Western Europe have pledged to phase out coal-fired power generation by 2030, but the fuel will retain a foothold in Germany and Eastern Europe.

30 May 2019 Alternative Fuels

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