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European LNG import capacity remains underutilised

EU LNG Imports in Western European countries in Q3 2024 decreased compared to Q2 2024 and to Q3 2023 – considering the high filling levels of natural gas storages in the EU, the decrease in LNG imports is not surprising EU countries with large LNG import capacities showed significant underutilization of those capacities in Q3 2024. This means that imports […]

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Europes-energy-infrastructure_March-2024

Strengthening Europe’s energy Infrastructure

Europe’s potential for renewable energy is vast, but tapping into it requires a resilient and interconnected infrastructure. This document navigates through policies and technologies and aims to demystify the path towards a Europe where clean energy is accessible to all, rather than a luxury for a selected few. Currently, a limited number of gas grid development projects are being completed […]

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Azerbaijans-energy

Azerbaijan remains focussed on its oil and gas revenues in short and medium term

Even though the transition journey to renewables has begun, Azerbaijan will do nothing to jeopardise its oil and gas revenues in short and medium term. In 2023 Azerbaijan produced a record 36.4 Bcm, of which Shah Deniz contributed 71 per cent. Apart from Shah Deniz ramping up, the main gas event in 2023 was the start-up of the offshore Absheron […]

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global-commodities-outlook

Commodity markets outlook: natural gas prices to recover in 2025

After falling in 2024, natural gas prices are projected to recover sharply in the United States in 2025, and more modestly in Europe and Japan. The U.S. benchmark price, after an expected 13 percent decline in 2024, is forecast to jump almost 55 percent in 2025 as new LNG terminals draw international demand for U.S. natural gas exports, and then […]

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