Our analysts look at Russian Gas vs US LNG in the European market.
Read our analysis of The Central European Gas Hub (CEGH Gas Hub Baumgarten), the leading hub for trading gas from the East to Europe.
The importance of and growing interest in the Central & Eastern European gas sector was made abundantly clear in February by the success of the inaugural Central & Eastern European (CEE) Gas Conference at the Sheraton, Zagreb.
From the Balkans all the way up to the Baltic Coast, security of supply through diversity of supply is the key issue. The CEE Gas Conference in Zagreb has been seized upon by government ministers and energy executives from across the region as an opportunity to forge partnerships.
The following CEE Region Ministers & regulators have confirmed their attendance at the Central & Eastern European Gas Conference:
With the Central & Eastern European Gas Conference just under a month away, we asked Piotr Kuś, Head of the Brussels Business Unit at Gaz System for his opinion on the Polish & CEE gas markets.
Europe continues the process of physically integrating its gas networks. The Central European Gas Hub (CEGH) intends to complete its integration into the PEGAS trading system by the end of 2016 ushering in a new era of transcontinental trading.
The partners in the Interconnector Greece Bulgaria (IGB) pipeline have extended by one month the deadline for binding offers in the second phase of its market test.
Bulgaria and Romania are in the final stages of establishing an operating gas pipeline link between the two countries. It will also link other East European countries through the Bulgaria-Romania-Hungary-Austria (BRUA) gas pipeline interconnector, which is backed by the EU as a Project of Common Interest (PCI).
Royal Dutch Shell has kicked off its Bulgarian exploration campaign at the offshore Silistar block in the Black Sea. The company has begun seismic work in offshore Block 1-14 under the terms of a five-year contract signed in February.