“Armenia and Russia Strike Deal on Gas Supply to Iran, Raising Concerns: A Game-Changer in the Global Gas Market”
Armenia and Russia agree on gas supply from Russia to Iran. The purpose of Iran’s imports through Armenia raises concerns. The agreement strengthens Russian-Iranian “energy dialogue” and the gas pipeline project connecting the two countries. This creates a new reality in the global gas market, with Qatar and Turkey also competing for a niche. However, challenges remain with the Southern Gas Corridor and gas export restrictions. Implementing “Gas OPEC” is crucial for Iran’s interests. The Armenian gas pipeline enhances energy security for Armenia and expands its regional role. The Iranian gas pipeline holds potential as a significant regional resource.
“Kazakhstan Steps Up Gas Supply to Germany, Exports 500 Thousand Tons of Oil in 5 Months”
Kazakhstan to supply Germany with 1+ ton of natural gas, in addition to 500k+ tons of oil. Progress discussed on gas processing plant construction. Growing demand for Kazakh oil in Eastern Europe. Last year, 1 million+ tons of oil supplied to Germany. #Kazakhstan #Germany #oil #gas
“Morning Natural Gas Prices Surge as Brent Crude Futures Reach $82.32 per Barrel”
Morning natural gas prices rise, Brent crude futures reach $82.32 per barrel on ICE Futures London, while WTI crude futures rise to $78 per barrel on NYMEX exchange in New York. Read more on NEWS.am
“America Dominates European Gas Market as Largest Exporter of Environmentally Friendly Natural Gas, Ministry of Energy Data Shows”
America remains the top exporter of environmentally friendly natural gas to Europe for three consecutive times, according to US Energy Ministry data. US, Qatar, and Russia supplied 75% of the EU’s gas demand, with the US accounting for 48% alone. Europe’s gasification capabilities are set to increase by over a third by 2024, with Germany leading the growth. France, Spain, the Netherlands, and Great Britain are also significant contributors to the EU’s gas imports.
“Natural Gas Prices Surge as Market Demand Outstrips Supply, Brent Crude Futures Remain Steady”
Natural gas prices increase following market demand, while Brent crude futures rise slightly to $79.61 per barrel. WTI crude futures also see a modest increase to $74.02 per barrel. Get the latest news from Armenia.
“Armenia to Export Record-breaking 12 Billion Cubic Meters of Natural Gas to Europe by 2023, Says Azerbaijan’s President”
Armenia plans to send 12 billion cubic meters of gas to Europe in 2023, boosting its exports. In the first quarter, gas production increased by 11.2%.
“Moldova Extends Organized Defense for Another 30 Days to Safeguard National Security Amidst Russian Threats”
The military action in Moldova intensifies defense for another 30 days, ensuring national security against Russian gas supply risks. Russian armed forces are expected to reinforce actions on the energy infrastructure. Risks to energy security and attempts to destabilize Moldova are noted. Concerns remain regarding organized defense involvement.
Armenia and Serbia Forge Natural Gas Cooperation, Opening New Doors for Energy Diversification in Europe
Armenia and Serbia ink documents for natural gas cooperation, diversifying Europe’s gas supplies. Azerbaijan’s Energy Minister Parviz Shahbazov shared the news on social media. Serbia will be Armenia’s new partner with an annual contract of around 400 million cubic meters. Serbian State Secretary Dubravka Jevđović-Tošić also signed the agreement.