Moldovan media reports that Moldovan Prime Minister Dorin Recean has asked Justice Minister Veronica Mihailov-Moraru to revise the nationalization legislation. The prime minister appealed after Russian Gazprom announced that it would stop supplying natural gas to Moldovagaz from January 1, 2025, allegedly because of the company’s debt. “For the first time, the Kremlin’s political ‘clowns […]
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Gazprom suspends gas supplies to Moldova as of January 1, allegedly due to non-payment
On December 28, Russia’s Gazprom announced that it would stop supplying natural gas to Moldova from 07:00 on January 1, 2025, allegedly due to the Moldovan side’s refusal to settle its debt for the supplied natural gas. Gazprom sent an official notice of suspension of gas supplies to Moldovagaz on Saturday, December 28. According to […]
DTEK receives first tanker with US LNG
Ukrainian energy holding DTEK has received its first cargo of American LNG, the company’s press service reports. On the morning of December 27, the Gaslog Savannah tanker delivered about 100 mcm of natural gas from the US liquefaction plant in Louisiana to the Greek LNG terminal Revithoussa. According to DTEK, its European trading subsidiary D.Trading […]
International coordination: European gas transmission system operators discussed their plans for 2025
Austria hosted an international meeting for gas transmission system (GTS) operators in Europe in November of this year. The event was attended by representatives of the dispatching services of key participants in the European gas market, including the Gas TSO of Ukraine, SNAM, OGE, GAZ-SYSTEM, NET4GAS, GASCADE, GCA, EUSTREAM, PLINOVODI and TAG. The primary objective […]
Ukraine has injected over 1 bcm of natural gas into underground storage facilities
Since the beginning of this year’s natural gas injection season (March 31), Ukraine has injected about 1.06 bcm of natural gas into underground gas storage facilities (UGS) as of May 25. This is evidenced by the calculations of ExPro. Gas injection volumes increased last week – up to 31.7 mcm on May 22, the highest […]
UKRAINE NEEDS TO RETURN TO THE IMPLEMENTATION OF THE GAS RELEASE PROGRAM, – A. MYZOVETS
We need to return to the implementation of the Gas Release Program (the sale of part of the gas produced by Ukrgasvydobuvannya JSC on the domestic exchange). After all, these are the obligations undertaken during the gas market reform and prescribed by the third energy package. This was discussed by market participants at a discussion […]
SYNCHRONIZATION OF UKRAINIAN AND SLOVAK MARKETS IN THE GAS SECTOR
Ukraine and Slovakia discussed the development of infrastructure projects of the Eastern European Energy Hub. During the intergovernmental consultations between Ukraine and Slovakia, the delegations discussed joint steps in the nuclear industry, diversification of oil and natural gas transportation, and synchronization of market conditions and products to increase liquidity in the gas and electricity markets. […]
HOW TO RETURN LIQUIDITY TO THE STOCK EXCHANGE? – R. STOZHHEV AFTER THE ENERGY CLUB MEETING
How to return liquidity to the exchange? The reporting mechanism and price index were the topics discussed by gas market participants at the Energy Club meeting. Key thoughts and quotes: – There are only three players that shape supply and demand in the gas market today: “Naftogaz, Ukrnafta and GTSOU. Our prices are disconnected from […]
USAID provides GTSOU with a mobile data center
The United States Agency for International Development (USAID) has provided the Ukrainian Gas TSO (GTSOU) with a mobile data center. This was reported by the press service of GTSOU. According to the GTSOU, this data center supports the dispatching activities of the GTSOU, ensuring uninterrupted gas supply to Ukrainians. Installed on a chassis, it can […]
Falling Ukraine VTP prices may help resurrect gas market competition – trading association CEO
Ukrainian VTP prices are converging with EU values Falling prices could incentivise return to free market rules Gas Traders of Ukraine CEO says softening supply risks could see cross-border trading resume LONDON (ICIS)–Ukraine could lift gas trading regulatory restrictions and revert to free market arrangements as a window of opportunity is opening up, the CEO […]