Tag: LNG

60 % of US LNG to be exported in Europe by 2020 – Region, 18 April 2017

Consulting firm Wood Mackenzie said in its report that Europe is expected to purchase about 60 % of liquefied natural gas (LNG) produced in the United States by 2020, even as US producers face a challenge competing with cheaper prices gas available through a number of pipelines from the east. However, after 2025, the report […]

Technical study for Alexandroupoli LNG terminal to be completed by summer – Greece, 3 March 2017

After the meeting of Robin Dunnigan, Deputy Assistant Secretary for Energy Diplomacy at the US Department of State’s Bureau of Energy Resources with the representatives of Gastrade, a member of Copelouzos Group, and Greek Minister of Energy Giorgos Stathakis, it was stated that the technical study for floating liquefied natural gad (LNG) terminal in Alexandroupoli […]

Natural gas consumption increased in 2016 – Greece, 2 March 2017

Greek natural gas consumption increased to 3.84 billion cubic meters in 2016, mainly due to a significant increase of natural gas required at the country’s electricity production units, which represented 53.9 % of the total consumption. 43.143 billion MWh of gas was traded in 2016, compared to 32.998 MWh in 2015, which is an increase […]