Page 1 - EurOil Week 29 2022
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Issue 649 22•July•2022 Week 29
Brussels calls for gas use cuts
The European Commission has called for member states to reduce their gas
consumption by 15% starting in August.
Nord Stream back online
Russia’s Nord Stream pipeline is back up and running, but its capacity continues
to be significant strained.
Vlora LNG nudges forward
Plans for Albania’s first LNG terminal have made a little progress, with
Bulgaria’s Overagas agreeing a MoU for gas from the facility.
A long, hard winter
The IEA has warned that Europe faces a long, hard winter and must make
preparations for a complete cut-off in Russian gas supply.