gas

Romania sees surge in natural gas imports in early 2025, but long-term decline expected

According to data released by the National Institute for Statistics (INS), Romania imported 1.066 million tons of oil equivalent (toe) of natural gas in the first five months of 2025. This represents an increase of 61 percent, or 403,700 toe, compared to the same period in 2024. During the same time frame, domestic natural gas […]

Romania sees surge in natural gas imports in early 2025, but long-term decline expected Read More »

Romania expands gas network to over 50,000 km in 2024, with urban areas consuming majority of supply

According to data from the National Institute of Statistics (INS), Romania’s natural gas distribution network totaled 50,972.4 kilometers by the end of 2024. Of this, 26,558 kilometers were located in municipalities and urban centers. Over the course of the year, natural gas was delivered to 1,023 localities, including 255 officially designated cities and towns. The

Romania expands gas network to over 50,000 km in 2024, with urban areas consuming majority of supply Read More »

Croatia: INA brings Jamarice-183 gas well online ahead of schedule, boosting domestic production

Croatian oil company INA has commenced production at its Jamarice-183 well, located in the Jamarice exploitation field around 100 kilometers southeast of Zagreb. Since mid-July, the well has been producing approximately 33,500 cubic meters of natural gas per day, representing a notable boost to INA’s upstream operations. Drilled in 2022 to a depth of 2,079

Croatia: INA brings Jamarice-183 gas well online ahead of schedule, boosting domestic production Read More »

Greece commits to cutting Russian gas reliance with strict conditions amid energy transition challenges

Greece has reaffirmed its determination to eliminate dependence on Russian natural gas, which still made up 43.7 percent of its gas imports in the first half of 2025. However, Athens has set three firm conditions: energy prices for consumers must not rise, there must be no pathway for Russian gas to reenter the European Union

Greece commits to cutting Russian gas reliance with strict conditions amid energy transition challenges Read More »

Albania launches second internship call to boost youth employment in oil and gas sector

Deputy Prime Minister and Minister of Infrastructure and Energy, Belinda Balluku, has announced the launch of the second round of internships for students specializing in oil and gas, offering them the opportunity to join the state-owned company Alpetrol. “In 2024, the Ministry of Infrastructure, in cooperation with Alpetrol, initiated a new project aimed at young

Albania launches second internship call to boost youth employment in oil and gas sector Read More »

Greece to launch key gas infrastructure projects by 2025, strengthening role as regional energy hub

By the end of 2025, Greece is set to commission three significant gas infrastructure projects that will strengthen its position as an energy hub in southeastern Europe. According to DESFA, the country’s natural gas transmission system operator, two new compressor stations located in Komotini and Ampelia, along with a high-pressure pipeline serving western Macedonia, will

Greece to launch key gas infrastructure projects by 2025, strengthening role as regional energy hub Read More »

Serbia: Banatski Dvor gas storage expansion set for completion by end of 2026

The Ministry of Mining and Energy has announced that the expansion of the Banatski Dvor underground gas storage facility will be completed by 31 December 2026. The project will increase the facility’s capacity from the current 450 million cubic meters to 750 million cubic meters, enhancing Serbia’s ability to store surplus gas during summer months

Serbia: Banatski Dvor gas storage expansion set for completion by end of 2026 Read More »

Europe: Slovakia ties support for EU sanctions on Russia to long-term gas deal extension

Slovak Prime Minister Robert Fico has stated that Slovakia will only lift its veto on the European Union’s eighteenth sanctions package against Russia if the bloc agrees to let Slovakia continue purchasing Russian gas through 2034. He criticized the European Commission’s plan to end Russian gas imports after 1 January 2028 as unrealistic and called

Europe: Slovakia ties support for EU sanctions on Russia to long-term gas deal extension Read More »

Europe: Gas prices rise in Week 28 amid stable supply and growing Asian demand

In Week 28 of 2025, European gas prices increased, with TTF gas futures trading between €32 and €35/MWh. The average weekly price reached €34.575/MWh, up 3.3% from the previous week. Prices peaked at €35.56/MWh on July 11. Supply from Norway and LNG remained stable, while demand in Europe declined due to milder temperatures and weakening

Europe: Gas prices rise in Week 28 amid stable supply and growing Asian demand Read More »

Scroll to Top