TTF gas futures rose during the second week of October 2025, supported by stronger gas-for-power demand amid reduced wind generation across Southeast Europe. Futures for November 2025 delivery on the ICE market averaged around €33/MWh, about 3.4% higher than in Week 40. Prices peaked on Tuesday, October 7, at €33.246/MWh — 0.4% above the previous […]
Turkmenistan has reaffirmed its readiness to supply natural gas to European markets but acknowledged significant logistical barriers, particularly the lack of a pipeline linking Central Asia to Europe across the Caspian Sea. Maksat Babayev, Turkmenistan’s minister for gas and head of the state-owned company Turkmengas, said the country remains committed to diversifying its export routes,
Minister of Mining and Energy Dubravka Djedović announced that Serbia is intensifying efforts to diversify its gas supply routes and sources to enhance national energy security. Her statement followed a meeting with Andreas von Beckerath, head of the EU Delegation to Serbia, where the two discussed current and future energy cooperation initiatives. According to the
Serbia accelerates gas supply diversification to bolster energy security Read More »
Gastrade has announced a new operational milestone for the Alexandroupoli LNG terminal, with its maximum daily regasification capacity increasing to 136.2 GWh as of October 21. This marks a significant rise from the 90.8 GWh per day recorded in mid-September. The terminal resumed full operations in August following a seven-month shutdown caused by a technical
The European Union has confirmed that its upcoming ban on Russian gas imports will not affect gas deliveries transiting through EU member states to non-EU countries such as Serbia, according to Enlargement Commissioner Marta Kos. Responding to reports in Serbian media claiming that the new EU regulation would block gas flows to Serbia, Kos clarified
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The European Union’s plan to end Russian gas imports by 2027 presents Greece with both major opportunities and serious challenges. On the positive side, the country’s expanding liquefied natural gas (LNG) infrastructure — anchored by the Revythoussa terminal near Athens and the Alexandroupoli floating storage and regasification unit (FSRU) — is positioning Greece as a
A new analysis by EY, commissioned by OMV Petrom and NewMed Energy, suggests that developing natural gas reserves in Bulgaria’s section of the Black Sea could bring substantial economic and strategic benefits. According to the report, every 1 billion euros invested in offshore gas projects could add up to 5.2 billion euros to Bulgaria’s national
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The Council of the European Union has approved a draft regulation introducing a phased ban on imports of Russian natural gas. Under the new rules, imports of Russian gas—whether by pipeline or in liquefied form—will be prohibited starting 1 January 2026, with transitional measures for existing contracts. The full ban is scheduled to take effect
EU approves phased ban on Russian gas, Serbia faces supply challenges Read More »
Both entities of Bosnia and Herzegovina — the Republic of Srpska (RS) and the Federation of Bosnia and Herzegovina (FBiH) — are still waiting for a renewed natural gas supply contract with Russia’s Gazprom Export. The previous agreement was extended by an annex for only one month, while expectations remain that a new deal will
Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry Read More »
European Union member states have reached an agreement to completely end imports of Russian natural gas by the end of 2027, marking a major step toward reducing the bloc’s long-standing energy dependence on Russia. The decision, approved by EU Energy Ministers during a meeting in Luxembourg, supports the European Commission’s proposal to phase out both
Europe: EU agrees to end all Russian gas imports by 2027 in landmark energy shift Read More »
