lng
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent (UK)
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent (CA)
The successful phasing-out of gas imports from Russia risks making Europe dependent on liquified natural gas (LNG) imports, according to a report published by the European Court of Auditors (ECA) today (June 24) . Between 2021 and 2022, LNG imports increased from 80 billion cubic meters (bcm) to 120 bcm — reflecting an increase from 22% to 34% of total gas imports including from Russia and pipeline — according to the ECA. By 2023, the largest LNG global exporters to the EU were Norway (30%), the US (19.4%) and North Africa (14.1%), Russia was still responsible for 6.1% of LNG imports alongside...
Euronews (English)
Die EU geht erstmals mit weitreichenden Sanktionen gegen Russlands milliardenschwere Geschäfte mit Flüssigerdgas (LNG) vor. Die Außenminister der 27 Mitgliedstaaten billigten die Sanktionen in Luxemburg zusammen mit weiteren neuen Strafmaßnahmen wegen des russischen Angriffskriegs gegen die Ukraine. Außenministerin Annalena Baerbock bezeichnete das Paket als Teil der entschlossenen Unterstützung für die Ukraine. Russlands Präsident Wladimir Putin habe das Land und die europäische Friedensordnung brechen wollen, sagte die Grünen-Politikerin. Erreicht habe er aber das Gegenteil. Die Sanktionen g...
DPA (German)
Die Europäische Union hat sich am Donnerstag darauf geeinigt, ein neues Paket von Sanktionen gegen Russland zu verhängen. Zum ersten Mal geht es dabei um die Lieferung von verflüssigtem Erdgas (LNG), das mehrere Mitgliedstaaten weiterhin kaufen, obwohl der Krieg in der Ukraine schon weit ins dritte Jahr geht. Bei den Sanktionen handelt es sich um das 14. Paket, das seit Februar 2022 in Kraft gesetzt wurde. Sie kommen zu einem heiklen Zeitpunkt auf dem Schlachtfeld, da die russischen Truppen versuchen, ihren neuen Schwung zu nutzen, um weitere Gebietsgewinne zu erzielen. Das Paket ist das Ergeb...
Euronews (German)
The European Union agreed on Thursday to slap a new raft of sanctions against Russia, targeting for the first time supplies of liquefied natural gas (LNG), which several member states continue to buy despite the war in Ukraine being well into its third year. The taboo-breaking sanctions represent the 14th package enforced since February 2022 and come at a delicate time on the battlefield, as Russian troops attempt to seize their renewed momentum to make further territorial gains. The package is the result of protracted negotiations among ambassadors, who spent weeks haggling over highly techni...
Euronews (English)
In the world's transition to a low-carbon footprint, natural gas is expected to play a key role in supporting demand. Meanwhile, the artificial intelligence (AI) boom is set to spur its utilisation in electricity consumption. Since mid-April, the US natural gas futures prices have surged by approximately 62%, and the Dutch gas futures rose 18% due to intensified geopolitical tensions in the Middle East, reduced production in the US, supply disruptions in Norway, and expectations of growing demand Demand for natural gas is expected to growAccording to S&P Global Commodity Insights, "global powe...
Euronews (English)
Russia overtook the United States in the month of May as the lead supplier of liquified natural gas (LNG) to Europe for the first time in nearly two years, the Financial Times reported on June 16. According to the International Commodity Intelligence Service (ICIS), Russian-piped gas LNG shipments made up 15 per cent of supply delivered to the EU, UK, Switzerland, Serbia, Bosnia and Herzegovina, and North Macedonia, FT reported. While U.S. LNG supplies made up just 14 per cent of the supply. The report attributes decreased U.S. exports to a one-time outage at a major LNG export facility, combi...
Kyiv Independent
Russia overtook the United States in the month of May as the lead supplier of liquified natural gas (LNG) to Europe for the first time in nearly two years, the Financial Times reported on June 16. According to the International Commodity Intelligence Service (ICIS), Russian-piped gas LNG shipments made up 15 per cent of supply delivered to the EU, UK, Switzerland, Serbia, Bosnia and Herzegovina, and North Macedonia, FT reported. While U.S. LNG supplies made up just 14 per cent of the supply. The report attributes decreased U.S. exports to a one-time outage at a major LNG export facility, combi...
Kyiv Independent (CA)
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