gas

Greece: US LNG approaches Russian pipeline supplies amid rising demand

US liquefied natural gas (LNG) is increasingly approaching Russian pipeline gas volumes in Greece after a year-on-year rise of more than 70 percent. From January through early August 2025, a total of 19.3 TWh of LNG was delivered to the Revythoussa and Alexandroupoli terminals, with US shipments accounting for over 80 percent of that total. […]

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Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity

Gastrade has resumed unloading and regasification operations at the Alexandroupoli LNG terminal, though at a reduced capacity. Daily regasification is currently limited to up to 45.4 GWh/day, supported by backup high-pressure pumps that cover only 25% of the terminal’s nominal gasification capacity. The capacity cap is expected to be lifted at the start of the

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Region: ICGB secures permit for capacity expansion, boosting Greece-Bulgaria gas interconnector throughput

ICGB, the independent operator of the Greece-Bulgaria gas interconnection (IGB pipeline), has obtained a construction permit for the first phase of its capacity expansion project. This phase involves upgrading the Stara Zagora metering station in Bulgaria, increasing its throughput capacity from 3 to 5 billion cubic meters per year. With the permit secured, ICGB can

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Bulgaria: Private consortium eyes expansion of Chiren gas storage to boost regional energy security

A consortium led by US financier Stephen P. Lynch, along with investor Fei Wang, has approached Bulgarian authorities to explore participation in a government-backed project aimed at doubling the capacity of the Chiren underground gas storage facility. Currently, Chiren stores mainly Russian gas and plays a crucial role in balancing seasonal demand fluctuations. The proposed

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Romania: Romgaz boosts domestic gas sales and storage injections in first half of 2025

Romania’s state-owned natural gas producer Romgaz reported a 12.55 percent increase in sales of domestically produced natural gas in the first half of 2025, delivering a total of 2.52 billion cubic meters. Total hydrocarbon production edged up slightly, rising 0.4 percent year-on-year to 16.19 million barrels of oil equivalent. Within this total, crude natural gas

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Croatia: INA and Energean to invest €71 million in Irena gas field development

Croatian oil company INA and Energean have agreed to invest in the development of the Irena gas field, located in the northern Adriatic within the Izabela exploration block. The total capital investment is set at €71 million, with Energean contributing €50 million and INA providing the remaining €21 million. Energean holds a 70% working interest

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Europe: EU boosts fossil fuel power as wind and hydropower decline in early 2025

A sharp decline in electricity output from wind and hydropower plants prompted the European Union to increase its reliance on gas and coal generation in the first half of 2025. This shift led to the largest annual rise in fossil-fuel electricity production since 2017 and caused a 9 percent increase in carbon dioxide emissions compared

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