The government of US President Joe Biden has authorized the export of more liquefied natural gas to Europe and other allies, the Energy Department reported. This natural gas will be exported from two of the largest terminals in United Statesboth owned by the energy company Cheniere Energyand which are located in Sabine Pass (Louisiana) and […]
Tag: natural gas
President reaffirms that massification of natural gas will materialize in his government
The President of the Republic, Pedro Castillo, reaffirmed this afternoon that during his government “the long-awaited project of the mass use of natural gas will materialize.” The head of state remarked that the benefited departments will be “two producing regions: Cusco and Ucayali, and five high Andean regions: Ayacucho, Huancavelica, Junín, Apurímac and Puno.” The […]
Europe burns more coal as natural gas declines
European utilities are increasingly relying on coal for power as the region tries to reduce its dependence on Russian natural gas. Even with rising prices for the dirtiest fossil fuel, along with most other commodities, it’s still much cheaper for power plants to burn coal than gas to produce power. Last week, power stations on […]
Russia has enough energy buyers despite sanctions
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Updated on 03/11/2022 11:23 am Russia has enough buyers for its oil and gas despite sanctions imposed by Western countries and their allies in response to the invasion of Ukraine, according to a senior Kremlin official. “We will not persuade anyone to buy our oil and gas”, Russian Foreign Minister Sergei Lavrov said at a […]
National massification of natural gas in the hands of the Plenary
The plenum of Congress of the republic is getting ready to debate today the prediction approved by the Energy and Mines Commission on bill 679, sent in November by the Executive, which would allow the use of the Energy Security System (SISE) and expand the resources of the Energy Social Inclusion Fund (FISE), in order […]
Can Spain be an alternative supplier of gas to Europe?
Linked by a gas pipeline to Algeria and equipped with large regasification terminals, Spain could be an alternative to reduce Europe’s dependence on Russian gas, but that would imply enormous work to improve connections with the rest of the region. “Spain can play an important role in supplying” Europe’s energy sector, the president of the […]
EU will stop importing Russian fuels “well before 2030”
The European Union (EU) intends to completely eliminate its dependence on Russian fuels “long before 2030″ to ensure that the 27-country bloc does not again face difficult decisions, with potentially dire consequences for their economies, in the face of geopolitical crises such as the Russian invasion of Ukraine. EU leaders will meet in Versailles, outside […]
Gazprom claims that it is complying with the supply of gas to foreign customers
Russian state gas concern Gazprom affirmed that it has been complying with all gas supply requests from foreign consumers and has guaranteed long-term supply contracts for said resource. To this end, the Russian company has indicated, through a statement, that the Ukrainian corridor for gas pumping is being used 100% under the transit agreement. However, […]
Russian energy imports are ‘essential’ for Europe, says German chancellor
Updated on 03/07/2022 11:30 am Fossil energy imports from Russia are “essential” for the “daily life of citizens” in Europe and the continent’s supply cannot be guaranteed in any other way at the moment, said German Chancellor Olaf Scholz. At a time when the United States and the European Union (EU) are considering sanctions on […]
EU prepares extraordinary measures against gas retaliation
The European Union is bracing for potentially serious economic consequences if Russia cuts off natural gas supplies in retaliation for sanctions. The 27-nation EU is braced for several possibilities involving disrupted gas deliveries from its biggest supplier following Russia’s invasion of Ukraine, the bloc’s energy commissioner Kadri Simson told Bloomberg News on Thursday. One scenario […]