Israel approves historic $35bn gas deal with Egypt
Prime Minister Benjamin Netanyahu has greenlit a landmark energy agreement that will see Israel export natural gas valued at approximately $35 billion to Egypt.
Prime Minister Benjamin Netanyahu has greenlit a landmark energy agreement that will see Israel export natural gas valued at approximately $35 billion to Egypt.
Nigeria has approved the payment of 185 billion naira ($128 million) to clear longstanding debts owed to gas producers, a move aimed at restoring confidence in the country’s energy market and improving electricity supply.
Hungarian Prime Minister Viktor Orban said he would meet Russian President Vladimir Putin in Moscow on Friday to discuss crude and gas supplies for Hungary and also peace efforts in Ukraine.
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, spoke to journalists at the ceremony marking the launch of natural gas transit from Azerbaijan to Syria via Türkiye.
Ukrainian state-owned oil and gas company Naftogaz has signed its first agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR, to import a small volume of natural gas via the Trans-Balkan pipeline.
Energy integration between Azerbaijan and Europe, along with opportunities to increase gas supplies was discussed during Energy Minister Parviz Shahbazov’s visit to Slovenia, at the invitation of Minister of Environment, Climate and Energy Bojan Kumer.
The European Commission has presented a roadmap to ensure the EU fully ends its dependency on Russian energy, while ensuring stable energy supplies and prices across the EU.
Serbian President Aleksandar Vučić expressed gratitude to Azerbaijani President Ilham Aliyev for ensuring uninterrupted gas supply to Serbia despite challenges.
Reports of a two-month halt in Azerbaijani gas supplies to Serbia are false. Despite a technical issue at Shah Deniz Alpha, Shah Deniz Bravo ensures steady exports, with supplies set to resume soon. BP confirms no damage or environmental impact.
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