#gas
Hormuz Strait blockade costs energy importers $330 billion in six months
Due to the blockade of the Hormuz Strait between March and August 2026, global fossil fuel importers paid $330 billion more than pre-war forecasts. These figures were released by the Centre for Research on Energy and Clean Air (CREA).
other materials in the section #gas
European gas prices rose by a quarter due to fighting in the Middle East
The European market reacted sharply to the escalation of fighting in the Middle East. Following reports of a near-total halt in tanker traffic through the Strait of Hormuz, gas futures jumped by 25% – the
For the first time. Naftogaz has begun importing American LNG via Lithuania
Naftogaz Ukrainy is importing American liquefied natural gas (LNG) for the first time through a terminal in the Lithuanian port of Klaipėda. This was announced by company CEO Serhiy Koretskyi, according to UA.NEWS. PromPolitInform reports.
Naftogaz Delivers Liquefied Natural Gas Through German Terminal for the First Time
Naftogaz of Ukraine, in partnership with TotalEnergies, is delivering liquefied natural gas (LNG) for the first time through Deutsche ReGas’ German terminal on the island of Rügen. According to Delo.ua, the company’s press service announced
Metinvest Approves New Energy Targets for the United Mining and Processing Plant
The United Mining and Processing Plant (UMPP) of the Metinvest Group has approved a new version of its Energy Management Policy and Objectives for 2026. The document aims to systematically improve energy efficiency and reduce
EU Council Officially Bans Imports of Russian Pipeline Gas and LNG
On January 26, the Council of the European Union officially adopted a decision on the phased withdrawal from imports of Russian pipeline gas and liquefied natural gas (LNG). The document also provides for supply monitoring
