By Rhod Mackenzie The priciest gas for households in Europe this year can be found in the Netherlands and Sweden, while the most cost-effective options are in Belarus and Russia. This information pertains to calculations based on data from national statistical services. In the first half of this year, Dutch households were charged 24 (euro) […]
By Rhod Mackenzie Europe’s commitment to weaning itself off Russian fossil fuels appears to be in name only. Imports of Russian LNG into the European Union have now reached record levels. Spain and Belgium have doubled their purchases. According to the Centre for German Studies at the Russian Institute of Europe, LNG supplies from Russia […]
By Rhod Mackenzie The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves on the continent. Will African countries be […]
By Rhod Mackenzie The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financial University commented that the […]
By Rhod Mackenzie On Friday, 27th October 2023, gas prices in Europe saw only a slight change based on the feeling that there are sufficient supply levels and a prediction of warm weather in the region. However, prices remained close to the year’s peak. Interestingly, the weather seemed less significant to European politicians when compared […]
By Rhod Mackenzie Having pushed Gazprom out of the European market, the American oil and gas industry is facing a slowdown in its growth in gas production. This could be an unpleasant surprise not only for Europe, but also for Japan and China, the main buyers of American LNG. According to the US Department of […]
By Rhod Mackenzie For the second winter in a row, Europe’s energy strategy is largely based on the hope of a warm winter and low economic demand for gas. Despite these and a number of other favourable factors, the price of electricity is fluctuating around 50 euros per MWh (525 euros per thousand cubic metres), […]
By Rhod Mackenzie The International Energy Agency (IEA) has released its recent long-term forecast, World Energy Outlook. According to the report Russia’s gas industry faces a bleak future with its market share predicted to decrease by half on the global platform. It is crucial to determine the evidence they used to predict this decline. The […]
The man running Britain’s gas network has said the country will need fossil fuels to prevent blackouts for decades to come as he reveals there is not enough breeze for wind power 71% of the year.
The post Britain Will Need Gas to Avoid Blackouts for Decades as Wind Power Falls Short 71% of the Year, Says National Gas Chief appeared first on The Daily Sceptic.
By Rhod Mackenzie A major political row over gas has erupted between Serbia, Hungary and Bulgaria after Sofia imposed an extra duty on the transit of Russian gas . This move caused outrage in Budapest and Belgrade, who have vowed to respond in kind. The Bulgarian media believe that the levy will disproportionately impact Serbia, […]
