The price of gas in Europe exceeded $2,200 per 1,000 cubic meters
18:08 27.07.2022 10428
The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.
The cost of the nearest (August) TTF futures on the ICE Futures exchange rose to $2244 on Tuesday evening.
A day earlier, trading closed at $1,852, and since the beginning of the month, the quotes averaged $1,720.
Gazprom reported that due to the end of the time between overhauls before overhaul, the concern is stopping the operation of another Siemens gas turbine engine at the Portovaya compressor station (CS).
As a result, the daily output of the Portovaya CS from 07:00 Moscow time on July 27 will be up to 33 million cubic meters. m per day compared to the current 67 million cubic meters. m per day (40% of productivity).
Analysts at Rystad Energy, a research company, note that with such a level of supplies under SP1, it will be very difficult for the European Union to achieve the target level of gas reserves in UGS facilities of 80% by November 1. In addition, analysts warn that US LNG supplies to Europe will complicate the upcoming hurricane season.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC
Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.
OPEC will be headed by a representative of Kuwait from August
At an extraordinary meeting of OPEC, the ministers elected a new secretary general of the organization – from August 1, 2022, Haitham Al-Qais from Kuwait was elected for a period of three years, Interfax reported.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Preparations are underway for the 8th meeting of the Turkmen-Romanian Working Commission on Cooperation in the Energy Sector
On March 27, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.