European Union member states approved the regulation to begin the phase-out of liquefied natural gas and pipeline gas imports from Russia in 2027.
The decision, approved by a qualified majority, with Hungary and Slovakia voting against and Bulgaria abstaining, is considered a “fundamental step…
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liquefied natural gas
Eni signed 20-year agreement to purchase LNG from the US
As part of the CP2 LNG project, the Italian oil company Eni signed a 20-year agreement with the US-based Venture Global for the purchase of 2 million tons of liquefied natural gas per year.
Eni announced this agreement last week in an…
€3 billion for floating LNG terminals
The German government will allocate some 3,000 million euros (about 3,235 million dollars) to four floating terminals of liquefied natural gas (LNG) in the next ten years, according to a letter addressed to the German Parliament.…