gas

Hungary’s full-spectrum energy ascendancy in Serbia: How MVM, MOL and gas expansion could redefine power, oil and geopolitical balance across Southeast Europe

If Southeast Europe once seemed like a fragmented energy landscape defined by dependence, vulnerability and political exposure, Hungary’s accelerating consolidation in Serbia is transforming that picture into something far more structured, strategically coherent and quantitatively powerful. What began as corporate expansion through MVM in electricity operations now aligns closely with MOL’s potential takeover of Serbia’s oil refining core, […]

Hungary’s full-spectrum energy ascendancy in Serbia: How MVM, MOL and gas expansion could redefine power, oil and geopolitical balance across Southeast Europe Read More »

Europe: TTF gas rises amid January cold snap as Bulgaria debuts official natural gas price assessments

TTF front-month gas contracts traded near €27.5–28/MWh early in the first week of January 2026, hitting six-week highs on Friday, January 2, as a cold snap increased heating demand across much of Europe. Despite the rise, prices remained well below levels seen in previous years, reflecting an ongoing bear trend supported by ample global supply

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Romania: Romgaz secures extension for Iernut gas power plant, targets completion by end of 2026

Romanian natural gas producer Romgaz has received another extension to utilize public funding for the long-delayed Iernut combined-cycle gas power plant, following a government decision adopted at the end of 2025. The decision amended the rules of the National Investment Plan, extending the deadline for completing and commissioning funded projects to 31 December 2026, while

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Montenegro commissions first landfill gas power plant at Mozura, turning waste into electricity

Montenegro has commissioned its first landfill gas power plant at the Mozura municipal waste site near Bar, creating a new source of electricity while reducing environmental impacts. Valued at approximately €1.8 million, the facility is the first of its kind in Montenegro and the surrounding region, transforming landfill gas from a pollutant into a usable

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Croatia: Omišalj LNG terminal to auction unallocated regasification capacity in February

The operator of Croatia’s LNG terminal in Omišalj is set to offer additional regasification capacity in a new auction scheduled for 2 February. LNG Hrvatska will release volumes that remained unallocated in previous tenders, covering selected gas years from 2026/2027 to 2029/2030, as well as a later period from 2037/2038 to 2039/2040. The available capacity

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Bosnia and Herzegovina: RS launches €460m Eastern Interconnection gas pipeline project

The Republic of Srpska (RS) is advancing a major gas infrastructure project after Sarajevo Gas launched a public procurement procedure for the design and construction of the so-called Eastern Interconnection pipeline. The contract is estimated at around €460 million excluding VAT, making it one of the most significant investments in the country’s gas sector in

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Natural gas trading in South-East Europe in 2025: Supply routes, import dependence, pricing realities and strategic exposure

By 2025 natural gas in South-East Europe is no longer only an energy commodity; it is a strategic risk variable, a price-setter for electricity in critical hours and a geopolitical transmission channel embedded directly in national economic stability. The region has diversified infrastructure, LNG access, interconnectors and reverse-flow capability far more than before 2022, yet

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Croatia: Krk LNG terminal emerges as regional gas hub after major capacity upgrade

Over the past five years, the LNG terminal in Omišalj on the island of Krk has become a key pillar of gas supply security for Croatia and the wider region. Since entering operation, the facility has handled 18.8 million cubic meters of liquefied natural gas, delivering more than 11.3 billion cubic meters of natural gas

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Europe cuts the cord as Russian gas exports collapse to 1970s levels

Russian natural gas deliveries to European markets collapsed in 2025, plunging by roughly 44% compared with the previous year and hitting their lowest level since the mid-1970s. This historic decline followed the shutdown of the Ukrainian transit corridor in January and the European Union’s accelerating campaign to phase out Russian fossil fuel imports. Earlier this

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Bulgaria: KEVR approves 3.3% drop in wholesale gas price for January 2026

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 3.3% decrease in the wholesale natural gas price for January 2026, in line with the proposal by public supplier Bulgargaz in mid-December. The wholesale price now stands at around 31.2 euros/MWh, excluding VAT and excise duties. Previously, KEVR had approved a 4.3% reduction

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