Region: Europe Category: Oil and Gas Frequency: Every Thursday
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About: EurOil analyses key trends such as the influx of private equity into the North Sea and how it is shaping the basin's future. The monitor also provides key insight on major trends such as decommissioning and the development of frontier regions like West of Shetland. Midstream developments also take prominence, with deep analysis of the region's gas needs and how they will be met in the future.
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Read a recent issue [click the image below]
Hammerfest LNG opening again delayed
Equinor has again delayed the start-up of the Hammerfest LNG export project at Melkøya in Norway after a fault with a compressor was discovered.
Sempra, PGNiG sign preliminary deal for LNG supply from two terminals
San Diego-headquartered Sempra Energy announced this week that it had signed a heads of agreement with Poland’s PGNiG on the purchase of 3mn tonnes per year of LNG from two projects over a 20-year period.
Romania hopes to unlock Black Sea natural gas projects with revised Offshore Law
The amendments have been expected for years to unlock several investment projects in the country’s Black Sea perimeters that could bring in 6 bcm of gas a year from 2027.
Brussels puts €300bn price tag on ending Russian energy imports, but relies on new spending on gas
The European Commission has set 2027 as its target date for ending Russian energy imports, warning it would require €300bn of fresh investment and that new short-term spending on fossil fuel infrastructure would be needed.
Downstream impact
NewsBase takes a brief look at some of the economic and political fallout from the Russia-Ukraine war, with a focus on regional markets for jet fuel and diesel around the world.
EurOil: Germany, Qatar at odds in LNG talks
EU opens loophole for Russian gas-for-rubles scheme
The EU said that companies could keep buying Russian gas through Gazprombank without breaching sanctions for Russia’s military invasion of Ukraine, with the condition that they consider their obligations fulfilled once they pay in euros or dollars
European plants look for alternative supplies
Germany, Qatar at odds in LNG talks
Estonian firms move forward with LNG facility project without state support
The Paldiski terminal is expected to receive LNG from a floating terminal, ending Estonia's 80% dependence on Russian gas.
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