Description
In 2022, when Gazprom stopped supplies to Bulgaria, the country switched at short notice from nearly full dependence on Russian gas to complete diversification. It commissioned a new interconnector with Greece, tapped LNG imports and ramped up off-takes of Caspian gas. More recently it signed a deal for access to Turkey’s infrastructure, which could open up a new supply route to southeast Europe. However, Luka Dimitrov, senior energy journalist focusing on southeast Europe tells regional gas market specialist Aura Sabadus that the political instability combined with a number of controversial measures taken in recent weeks raise concerns about the future of Bulgaria’s energy sector and that of the entire region.
Wondering how the upcoming US election could impact US oil production and benchmark crude prices? Listen to Eloise Radley, Senior Market Reporter and Ignacio Sotolongo, Senior Editor at ICIS discuss this topic.
Published 10/30/24
Germany has announced a higher-than-expected increase in the German storage fee from 1 July, even though the levy is expected to be scrapped at the start of 2025. The announced short-term rise combined with Austria’s OMV warnings about a possible gas supply curtailment amid a court case ruling...
Published 05/30/24