Increasing the energy security of Europe may be ensured by Ukrainian underground storage facilities, which should be filled with Azerbaijani gas, said Deputy Energy Minister of Ukraine Yaroslav Demchenkov. According to him, Azerbaijan is an important strategic partner of Ukraine. Moreover, energy is the main area that both states intend to develop. If Baku accepts…
Ukraine extracted 2.4 billion cubic meters of natural gas from its underground gas storage facilities in January, the press service of JSC Ukrtransgaz reported. “In January, 2.4 billion cubic meters of natural gas were extracted from Ukrainian underground gas storage facilities, down by 7.8% YoY. Since the beginning of the 2021-2022 extraction season, 7.5 billion…
The National Energy Regulatory Agency (ANRE) has launched the platform e-Carburanti (e-Fuels) on its official webpage www.anre.md, which represents an interactive map, through which ANRE provides public access to the information on the daily prices for the principal standard-type oil products and the liquefied gas, established by the license holders. They can be selected for…
The government is finalizing a compensation package for rising district heating bills but it is not yet known if the limit will be 50 or 80%, Minister of Economic Affairs Taavi Aas (Center) has said. The state is already supporting electricity costs with compensation and a price cap, but now it wants to introduce similar…
The price of the Russian gas for Moldova will go down from $686.9 to $563 per 1,000 cubic meters in February, Executive Board Chairman of the gas distribution company Moldovagaz Vadim Cheban has reported via his Telegram channel. “According to preliminary calculations, the purchasing price of the natural gas for Moldovagaz will be $563 per…
Asian countries will experience the energy crisis that may arise in Europe as a result of possible Russia’s invasion of Ukraine. “When you have an energy crisis in Europe, that means we have an energy crisis in Asia simultaneously. Because if Europe feels the necessity to buy more gas, they go to Qatar and they…
The average price of Estonia’s electricity in the Nord Pool area on January 26 was EUR 165.10 per megawatt-hour – over EUR 100 more than on the same day a year ago. Electricity was the cheapest in the morning between 3 a.m. and 4 a.m. costing EUR 88.65 and the most expensive between 9 a.m.…