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09
Jan 2025
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> Natural Gas

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Europe is sitting on natural gas deposit worth $1 trillion but doing nothing – Why?

The Groningen gas field in the Netherlands has about 450 billion cubic metres of exportable gas in reserves

Israel, Cyprus to resolve disagreement over maritime gas field

Most of the disagreement points over the joint Aphrodite-Yishai natural gas reservoir have been resolved & an agreement is imminent

No deal at the Council of Ministers of Energy – Disagreement on the upper limit on the price of natural gas

'There are technical differences' between the 15 countries that want the general price-cap on the wholesale price of natural gas

Natural gas: European Commission says “no” to the cap proposal, according to Politico

Ursula von der Leyen rejected calls from 15 countries, including Greece, for a unified response to high gas prices

Energy Crisis – Nord Stream sabotage causes major leak – Seismologists recorded explosions (video)

20% increase in gas prices after the sabotage - Terror in Europe for the upcoming winter

PM Mitsotakis: Announcements about natural gas will be made next week

Our obligation is to be active at the national & European level, he told President Sakellaropoulou - "Everything we do is measured" he assured

OPEC+ to cut oil production – EU responds with measures

Europe is facing a grim winter

Europe prepares to decouple the price of natural gas from electricity, amid energy crisis

An emergency meeting of EU energy ministers is scheduled for September 9

Turkey doubles Russian oil imports, filling EU void

Turkey increased oil imports from Russia, including Urals and Siberian Light grades, beyond 200,000 barrels per day (bpd)

Energy Prices Keep Climbing in the EU (infographic)

According to Eurostat, the inflation rate for energy is the highest it's been since the Harmonised Index of Consumer Prices (HICP) was first published back in 1997

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