The gasification of the eastern part of the Republic of Srpska (RS) is progressing according to plan. The main pipeline along the Šekovići–Vlasenica–Milići route, with a branch from Vlasenica through Igrišta to Han Pijesak, could be completed within 14 months if there are no unforeseen delays. Sarajevo-Gas Istočno Sarajevo reported that recent decisions by the […]
Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price for August 2025. The suggested price is around 31.2 euros/MWh, which is 1.77% lower than the approved August price of about 31.7 euros/MWh. That price already represented a 3.8% decrease compared to July. The final price for natural gas in September will
Bulgaria: Bulgargaz proposes slight reduction in wholesale gas price for August 2025 Read More »
Serbia is nearing the completion of a new long-term natural gas supply agreement with Russian company Gazprom, with only a few details remaining to be finalized. Energy Minister Dubravka Djedovic highlighted that Russian gas played a crucial role in ensuring uninterrupted deliveries to households and industry during the peak of the energy crisis. She emphasized
European natural gas prices fell to their lowest point of 2025 on Monday, as intensified diplomatic efforts toward a potential Ukraine ceasefire raised expectations of looser supply conditions. At the TTF hub in Amsterdam, front-month futures dropped by more than 1.9 percent in early trading to 30.43 euros per megawatt-hour. Prices had already weakened late
The European Union imported around 4.48 billion euros worth of liquefied natural gas (LNG) from Russia in the first half of 2025, an increase from 3.47 billion euros in the same period of 2024, according to Eurostat. Total EU LNG imports between January and June 2025 amounted to about 26.9 billion euros, with the United
During the second week of August, Brent crude oil Front Month futures on the ICE market remained below $67 per barrel. On August 13, they hit the week’s lowest settlement price of $65.63/bbl, the lowest since June 6. Prices rose on August 14 to the week’s maximum settlement of $66.84/bbl, following a 1.8% increase from
Eurostat’s latest data shows that Bulgaria recorded the largest increase in greenhouse gas emissions in the European Union during the first quarter, rising by 17.38 percent compared to January–March 2024. Across the EU-27, total emissions grew by 3.4 percent, reaching around 900 million tons of CO2-equivalents. Six other countries posted increases above 5 percent: Czechia
Bulgaria: EU greenhouse gas emissions rise in early 2025 Read More »
LNG Hrvatska has marked the arrival of the 125th cargo at the Krk LNG terminal, delivered by the LNG carrier Assos operated by Capital Gas. Although the operator did not reveal the shipment’s origin or destination, vessel tracking indicates it departed from the Freeport LNG terminal in Texas, USA. The terminal reached its 100th cargo
Croatia: Krk LNG terminal receives 125th cargo as capacity expansion nears Read More »
ICGB, the operator of the Greece-Bulgaria gas interconnector (IGB pipeline), will launch two new cross-border capacity routes to improve regional energy security and expand direct transmission access from northern Greece to Ukraine. The new pathways, Route 2 and Route 3, were developed in cooperation with the transmission system operators of Greece, Bulgaria, Romania, Moldova and
In the first week of August, Brent oil Front Month futures on the ICE market reached a weekly high of $68.76 per barrel on Monday, August 4. Settlement prices then followed a downward trend through Thursday, August 7, when they hit the weekly low of $66.43 per barrel, the lowest since June 6. On Friday,
Europe: Brent oil and TTF gas prices fall in early August while EU CO2 futures rise Read More »
