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Economy: Experts Predict Gas Price Increase in Europe
... Energy Information Administration (EIA), the total capacity of LNG export terminals in the US, Canada, and Mexico will increase from 320 million cubic meters per day at the end of 2024 to 680 million cubic meters per day at the end of 2028. As a result, LNG imports will become more accessible to EU countries," Tereshkin speculated.
In October, Gazprom CEO Alexey Miller stated that Europe's gas market policy could lead to a new price shock and supply disruptions. He described the situation in the European gas market as poor and agreed with the assessment that demand for the energy resource is being intentionally destroyed.
Translated ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... representing the highest monthly volume in the last three years. Contributing factors to this surge include a relatively mild winter and reduced consumption, as well as increased imports of liquefied natural gas (LNG)—around 12 billion cubic meters of LNG arrived in Europe in June, marking a record figure for the first summer month.
High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar,...
Why do Turkey and Russia need their own gas hub
..., but by the end of the 2020s, production is expected to reach 60 million cubic meters per day. For comparison, Turkey’s LNG imports in 2023 were 40 million cubic meters per day.
“With the development of Sakarya, Turkey could not only replace LNG imports but also become a significant gas supplier to Southern Europe. Much will depend on the development path for the field’s infrastructure: whether it will involve building underwater export gas pipelines or expanding LNG liquefaction capacities. In the latter case, Turkish gas will be available not only for ...
Where Does Ruskhimalians Invest?
... company:
Increased production volumes: This allows meeting the growing demand for LNG in both domestic and foreign markets.
Cost reduction: The new equipment lowers gas processing costs, making the product more competitive.
Export potential: Increased LNG production opens new markets in Europe and Asia.
2. Infrastructure Development
What is being done: The company is investing in the construction of new logistics chains, modernization of port infrastructure, and transport hubs.
How this benefits the company:
Improved delivery efficiency: ...
Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization
... to replace lost pipelines' gas volumes.
Local Solutions:
In Russia, Gazprom is optimizing domestic logistics: for instance, after brief pauses, gas supplies to the Kaliningrad region have resumed via Lithuania, and in case of disruptions, a floating LNG terminal is employed. Although these technical maneuvers do not directly affect Europe, they emphasize adaptation to the new constraints.
Thanks to the diversification of sources and accumulation of reserves, Europe is approaching the autumn-winter period more prepared than a year ago. However, potential risks remain—from weather ...