Day: December 18, 2022
Breakneck LNG build-out shows Germany can move fast, Scholz says
The speed with which Germany managed to build and link up its first floating gas terminal to replace lost supplies of Russian gas should serve as a model for a new, pacier German economy, Chancellor Olaf Scholz said at the terminal’s opening.
Azerbaijan sees gas exports to Europe edging up in 2023 – Interfax
Azerbaijan plans to slightly increase its natural gas exports to Europe next year, the country’s president was quoted as saying on Saturday, as Brussels seeks to replace falling energy supplies from Russia.
Moldova moves closer to breaking dependence on Russian gas, deputy PM says
Moldova has reached a short-term energy deal that would help wean one of Europe’s poorest countries off its dependence on Russian natural gas, a senior official said on Saturday.
Iranian oil workers protest for higher wages -social media
Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.
Uniper expects Brussels to clear bailout in coming days
German natural gas trader Uniper expects the European Commission to decide in coming days on whether Germany’s planned bailout of the company violates state aid rules, its chief executive said, adding that any approval was likely to be tied to conditions.