Page 1 - EurOil Week 34 2022
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Issue 654              26•August•2022                     Week 34






                      ™      Cypriot surprise

                              Eni and TotalEnergies have discovered a new gas field off the coast of Cyprus,
                              adding extra wind to the EastMed gas pipeline project.


                      ™      Nord Stream shutdown

                              Russia has said it will shut down the Nord Stream 1 pipeline fully between August
                              31 and September 2, causing another spike in gas prices.


                      ™      Sofa starts Russian gas talks


                              Bulgaria’s caretaker government has started talks on reinitiating Russian gas
                              supplies, that were halted earlier this year.

                      ™      Germany sticks with nuclear phase-out


                              Germany looks set to largely stick with its plan to phase out its last remaining
                              nuclear capacity at the end of this year, in spite of the energy crisis.
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