The US natural gas “revolution” has already benefitted European gas consumers: Gazprom has been obliged to lower the prices of many of its long-term contracts with European customers.
The Croatian Ministry of Environmental Protection and Energy announced the proposal of a special Liquefied Natural Gas Terminal Act, which would directly assign LNG Croatia's maritime concession to the floating LNG terminal.
Poland continues its progress to diversify its gas sources with Baltic Pipe and new construction at the LNG port of Świnoujście. But the pressure of time hangs over both projects as renegotiation with Gazprom looms closer.
The Polish Baltic ports of Świnoujście, Szczecin, Gdansk and Gdynia are set for expansion in infrastructure and carrying capacity.
Three Seas Initiative is getting its shapes. After the US President Donald Trump presence at the summit in Warsaw, the initiative gained a large international coverage.
While Western Europe has diversified supply routes and has developed infrastructure, Southeastern Europe lacks interconnection with a bi-directional flow and access to the LNG market
Lithuania's state-owned gas trader Lietuvos Duju Tiekimas (LDT) has signed a liquefied natural gas (LNG) supply deal for 2017 with Koch Supply & Trading, a trading arm for Koch Industries.
The rationale behind the construction of a pipeline connecting to deposits on the Norwegian continental shelf is being called into question for economic reasons.
Only the construction of a gas pipeline to the Norwegian deposits and the expansion of the LNG terminal will provide us with great political and economic benefits, says Krzysztof Księżopolski.
Poland has said it does not plan to renew a long-term gas supply contract with Russia when its current deal with Gazprom expires in 2022.