Page 3 - EurOil Week 09 2023

EurOil CONTENTS EurOil

COMMENTARY
Germany eyes fourth highest global LNG import capacity by 2030 4
Russia seeks closer gas ties with Central Asia 6

How big is Russia's "ghost fleet" of oil tankers? 7

PIPELINES & TRANSPORT
Russia halts oil supply to Poland 11
Reganosa buys stake in Gijon LNG terminal 12
Cyprus FSRU project makes late start 12

Gas supply contract arbitration will hinge greatly on Nord Stream
investigations 13

PERFORMANCE

Russian gas output down 13.5% in January 14
Urals oil price is increasingly meaningless, allowing Russian-owned
refineries in Europe to build up slush funds 15
“Energy battle” between Europe and Russia not over yet: IEA head 18

POLICY

Russia still earning half a billion dollars a day from oil exports 19
Eni CEO says Africa is a key source of gas supplies to replace Russia in
Europe 20

ENERGY TRANSITION
Fossil fuel consumption subsidies in 2022 were at record high of $1 trillion 20
Lack of low-emission, low-cost oil and gas puts energy transition at risk:
WoodMac 22
Essar unveils energy transition investment plans 23
BP launches hydrogen cluster in Valencia region 24

PROJECTS & COMPANIES
Ignitis calls for energy groups to donate 10% of windfall profits to Ukraine 24

NEWS IN BRIEF 25

NEWSBASE ROUNDUP GLOBAL (NRG) 26

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