Gas in Europe is again more expensive than $1,000 per thousand cubic meters after the refusal of the Netherlands and Denmark from supplies from Russia
14:07 02.06.2022 8191
The spot price of gas in Europe has exceeded $1,000 per thousand cubic meters amid the failed generation of wind farms, as well as the refusal of the Netherlands and Denmark from the new payment system for Russian gas and the cessation of its supply to these buyers, Interfax reports.
The nearest (already July) futures for the TTF index on the ICE Futures exchange on Tuesday morning rose to $1,046 per thousand cubic meters. The spot gas price in the EU has remained below $1,000 since May 7, but the decisions of Denmark and the Netherlands, as well as the EU oil embargo on Russian oil, gave quotes new growth grounds.
The situation with the generation of electricity from renewable sources in Europe deteriorated sharply on Monday. On May 30, the capacity of wind turbines provided only 5.6% of the energy balance in the EU – this is the minimum value since the end of December last year, according to data from the WindEurope association.
It is predicted that this week the belated spring cold will finally pass, sunny and low-wind weather will set in. This will lead to a reduction in renewable electricity generation and an increase in the use of gas, as well as an increase in energy consumption for air conditioning.
TCOR produced more than 26 thousand tons of liquefied gas in six months
The Turkmenbashi complex of oil refineries, which is one of the largest industrial enterprises in the country, is increasing the volume of certain types of high-quality products in demand both in the domestic and foreign markets.
The next well of the Malay field gave a industrial gas inflow
At the Malay field, as a result of drilling another well, an industrial gas flow with a flow rate of more than 400 thousand cubic meters per day was given. The drilling works were carried out by the foremen of the «Turkmengazburavlayysh» department of the State Concern «Turkmengas».
Leaders of Turkmenistan and China reaffirmed their commitment to the development of comprehensive cooperation
President Serdar Berdimuhamedov, who arrived on a working visit to the capital of Shanxi Province of the People’s Republic of China on May 18 to participate in the Central Asia-China Summit, held talks with Chinese President Xi Jinping in the afternoon, TDH reports.
Gamyshlydzhanebit: 361.4 thousand tons of oil produced in six months
Masters of "black gold" of the oil and gas production department "Gamyshlydzhanebit" make a worthy contribution to the increase in production growth rates at the State Concern "Turkmennebit".
Vladimir Putin: Gazprom management will soon arrive in Turkmenistan
President of the Russian Federation Vladimir Putin announced the imminent visit of the leadership of «Gazprom» to Turkmenistan. The Russian leader said this while answering journalists' questions at the end of the Sixth Caspian Summit, which took place on June 29 in Ashgabat, according to the website of the President of Russia.