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03.02.26 - 13:24
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Europe′s Russian Gas Ban Is Set To Trigger New Wave Of LNG Tanker Demand (ZeroHedge)
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Europe's Russian Gas Ban Is Set To Trigger New Wave Of LNG Tanker Demand
Authored by Irina Slav via OilPrice.com,
The European Union's plan to ban LNG imports from Russia will prompt a surge in demand for LNG carriers to the tune of 30 new vessels, a senior Vortexa analyst said ahead of the LNG Qatar gathering that starts today.
According to Ashley Sherman, senior LNG analyst at the company, if the EU sanctions leave currently unsanctioned Yamal LNG free to deliver liquefied gas to European buyers, at least 30 new low ice-class or non-ice-class LNG carriers to satisfy demand for the fuel from the second-largest importing region after Asia.
In December last year, the European Union agreed a legally binding, gradual reduction in both LNG and pipeline gas imports from Russia, eventually resulting in a full ban on these exports, with the deadlines set for the end of 2026 for LNG and the autumn of 2027 for pipeline gas.
Last month, the European Council gave the final approval to the ban.
It al...
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03.02.26 - 11:09
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Polish President Pushes For Aggressive Move To Nuclear, Bypassing LNG Amidst ′Geopolitical Turmoils′ (ZeroHedge)
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Polish President Pushes For Aggressive Move To Nuclear, Bypassing LNG Amidst 'Geopolitical Turmoils'
Via Remix News,
Polish President Karol Nawrocki is prioritizing nuclear power in the Polish energy mix, avoiding the transitional inclusion of gas, with the government focused on building the first nuclear power plant in Lubiatów-Kopalin.
Before his trip to Davos, Nawrocki had met with entrepreneurs to discuss Poland's accession to the G20. In his speech, he presented his vision for Poland's future energy mix. At the beginning of the year, the Sejm (lower house of parliament) almost unanimously passed a law to support the construction of the first nuclear power plant in Lubiatów-Kopalin, Pomerania, with over PLN 60 billion (€14 billion).
Negotiations on the contract for the construction of Poland's first nuclear power plant (EPC) are expected to be completed by mid-year. Preliminary work on the plant's construction site and the preparation of associated infrastructure are also schedul...
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02.02.26 - 17:45
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EU Faces Hard Choices After LNG ′Wake-Up Call′ (ZeroHedge)
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EU Faces Hard Choices After LNG 'Wake-Up Call'
Authored by Irina Slav, via OilPrice.com,
Europe is growing uneasy over its heavy reliance on U.S. LNG, with EU officials warning that energy security risks are shifting rather than disappearing.
Diversification options are limited: sanctions on Russian gas and strict EU methane regulations effectively rule out major suppliers like Russia, Qatar, and much of U.S. LNG.
Gas costs and policy contradictions are rising, as Europe pushes for diversification while remaining locked into record U.S. LNG imports
The European Union needs to diversify its natural gas sources, Brussels' energy commissioner said this week, expressing a growing unease in European capitals that the EU has become too dependent on liquefied natural gas from the United States. Yet succeeding in that diversification drive will be tricky because of the bloc's emissions-focused energy policies – and the sanctions on Russia.
“We are speaking to countries around the ...
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