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Tag: EU

EU solar power generation hits record high

Solar power supply in the EU during June and July rose to a record high in 2021, accounting for 10 percent of total electricity produced…

Gas supply costs hit record low levels in 2020 demonstrating the benefits of the EU market integration

Average gas supply sourcing costs declined in most EU Member States and the Energy Community Contracting Parties (including Georgia, Moldova and Ukraine) by more than…

Europe Begins Protracted Period of Cheap Gas

This is stated in the July issue of the energy bulletin prepared by the Analytical Center (AC) under the Government of the Russian Federation. The…

Gas Prices in Europe Collapsed by 50%

The global natural gas market is moving towards repeating the fate of the oil market in 2014-15. Against the background of an oversupply of LNG,…

French business chief in Iran sees bleak prospects for European firms

The head of France’s business lobby in Iran said on Friday he feared a mass exodus of European firms following the U.S. decision to impose…

Nord Stream 2 starts offshore preparatory pipelay works in Germany

Nord Stream 2 AG today started the offshore preparatory works for the subsequent pipelaying in the Bay of Greifswald. Five dredgers are now working on the trench…

Sefcovic: EU ready to mull possibility of connecting Iran to SGC

The EU is ready to discuss the possibility of connecting Iran to the Southern Gas Corridor. European Commission Vice-President for Energy Union Maros Sefcovic said…

Russia downs gas flow to EU through Ukraine

Russia that increased gas export to EU via Ukraine in last year by 13.7%, started to decline the volume gradually in 2018. The transit of…

Germany, EU want Ukraine to stay Russian gas transit state

Germany and the E.U. want Ukraine to retain the functions of a transit state for Russian gas, spokesman for the German government Steffen Seibert said…

Transfer of Caspian gas to European market is becoming a reality

The transfer of Caspian gas to the European market is becoming a reality, Maros Sefcovic, European Commission Vice-President for the Energy Union said on Tuesday….

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