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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 markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...