OGJ - Stephen Blank, senior fellow for Russia at the American Foreign Policy Council, said, “Nord Stream 2 clearly is a threat to Europe, which is why the Trump administration opposes it. We have now threatened that if Nord Stream 2 is built, the US will impose sanctions not just on the project, but also on the contractors.”
Ukraine's Naftogaz wants Russia's Gazprom to comply with EU-style entry/exit gas capacity booking rules from 2020, as well as committing to a minimum throughput volume, its executive director Yuriy Vitrenko said in an interview.
The Emirates Nuclear Energy Corporation has signed a memorandum of understanding with Enusa Industrias Avanzadas, defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services.
GOVERNMENT.NO - The Government is proposing to exclude companies classified as exploration and production companies within the energy sector from the Government Pension Fund Global to reduce the aggregate oil price risk in the Norwegian economy.
British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared with the previous year, according to the Oil and Gas Authority, an industry regulator.
Renewable energy had a 64.8% share of electricity generation, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities.
PLATTS - "US LNG, if priced competitively, can play an increasing role in EU gas supply, enhancing diversification and EU energy security,"
PLATTS - The US and Russia saw the greatest year-on-year growth of LNG exports to Europe in February, on the back of higher production and flexible, price-driven supplies,
GAZPROM - Between January 1 and March 5, 2019, the Company’s gas supplies to the country amounted to an estimated 3.3 billion cubic meters, an increase of 32.9 per cent from the same period of last year.
PLATTS - Ukraine is preparing for zero Russian gas transit flows in 2020 once Russia's 55 Bcm/year Nord Stream 2 gas link to Germany comes online, but European gas supply security will not be disrupted, a senior Naftogaz executive said
Novatek’s Chief Financial Officer Mark Gyetvay said the company would build all equipment and technology in Russia to protect itself. “We will not hold ourselves hostage to U.S. sanctions,” he told the IP Week conference in London.
Russia delivered a record amount of liquefied natural gas (LNG) to Europe in February, becoming the biggest supplier of the chilled fuel to the continent for the first time.
RECHARGE - The EU will spend up to €10bn ($11.37bn) supporting innovative low-carbon technologies in sectors such as renewables and energy storage over the next decade, said the European Commission.
NB - The Government Pension Fund Global returned -6.1 percent, or -485 billion kroner, in 2018.
EXXONMOBIL - ExxonMobil said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.