Ukraine

A roundup of news and commentary from NGI’s LNG Insight Russia did not book additional interruptible pipeline transportation capacity for July through Ukraine at the Sudzha entry point at an auction Tuesday. It was the third month in a row that Gazprom PJSC elected not to take interruptible capacity to move more supplies to Europe.  …

European and Asian natural gas prices are recovering from last week’s losses as supply concerns and strong buying have spurred gains so far this week.  In Europe on Tuesday near-curve prices closed higher for both the Title Transfer Facility and National Balancing Point contracts through August.   Russian gas giant Gazprom PJSC reportedly did not take…

Ukraine has so much natural gas in storage that it could export its own supplies to other European nations this winter, the country’s transmission system operator said this week.  Ukrtransgaz JSC, which manages the largest storage capacity available in Europe, said it entered October with about 28 billion cubic meters (Bcm) of natural gas in…

The European natural gas market is finding refuge in Ukraine, where vast storage facilities are increasingly being utilized by traders, suppliers and utilities in a way that has helped to prevent prices from collapsing into negative territory amid a supply glut.  Ukrtransgaz, which manages storage and the country’s transmission system operator, has incentivized European traders…

Although natural gas forward prices steadied a bit during the June 18-24 period, the stage was set Thursday for a massive sell-off after the latest government storage data amplified fears of containment this fall. The Energy Information Administration (EIA) reported that inventories for the week ending June 19 rose by a much larger-than-expected 120 Bcf,…

In an unusual twist, a cargo of liquefied natural gas (LNG) that originated in Russia is being unloaded from a French ship in the Boston area, even as the Trump administration tightens sanctions against Russia for its actions in neighboring Ukraine.

A bill calling for additional sanctions against Russia is picking up support in the U.S. Senate, in part due to electioneering before the November vote. It would bar American companies from investing in and supporting projects in the Russian deepwater, Arctic offshore and shale oil production.

Employees of Royal Dutch Shell plc and ExxonMobil Corp. were reported to be among the 298 victims of Malaysian Airlines Flight 17, which was shot down by a missile fired by unknown assailants over Ukraine on Thursday.

Ukraine's energy minister said his country is paying "politically motivated" prices for natural gas from Russia's OAO Gazprom following Russia's seizure of Crimea, while Ukraine discusses a European Union (EU) proposal to upgrade its pipeline network and add the ability for reverse flows.