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natural gas reserves

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Romania’s Gas Reserves Remain Strong as Price Caps Set to End Without Consumer Impact

As Romania approaches the conclusion of a particularly cold winter, the country finds itself in a robust position with substantial natural gas reserves. Energy...

Greece’s natural gas reserves estimated at 680 billion cubic meters

In a significant development, the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) has estimated that Greece holds natural gas reserves of approximately 680...

Hungary prepares for winter with ample natural gas reserves

The Hungarian Ministry of Energy has announced that the country is well-prepared for the upcoming winter, with 6 billion cubic meters of natural gas...

Europe: Gas prices remained at the 50 euros/MWh range

In the las week of October prices for Front-Month TTF gas futures on the ICE market remain in the €50/MWh range for the third...

Serbia was forced to start using gas extracted from storage

Serbian President Aleksandar Vucic said that the price of natural gas increased sharply in the past ten days and the country was forced to...

Greece, Strategic natural gas reserves will be located in the new FSU on Revythoussa

Greek strategic natural gas reserves will be located in the new floating storage unit (FSU) on the island of Revythoussa, off the coast of...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...