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southern gas corridor

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Azerbaijan delays Southern Gas Corridor expansion pending firmer EU purchase commitments

Azerbaijan is withholding a final investment decision on expanding the Southern Gas Corridor until European buyers provide firmer long-term purchase commitments and financing becomes...

Southern Gas Corridor expansion delayed as EU buyers withhold long-term contracts

Expansion status and commercial conditions Expansion of the Southern Gas Corridor remains on hold as European buyers have not committed sufficient long-term offtake or financing....

TAP delivers over 60 bcm for Europe as Southern Gas Corridor expands

The Trans-Adriatic Pipeline (TAP) has delivered more than 60 billion cubic metres of natural gas to European customers since commercial operations began. The deliveries...

Albania: TAP technical evaluation contract awarded

The Albanian Gas Service Company has awarded technical evaluation provider Tech Inspect a 405,000 euro contract for the assessment of the natural gas Trans...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...