Gas | Tags | Econostrum | Economic News in the Mediterranean

European Commission and industry join forces to produce more clean hydrogen

05/10/2022 | Environment

EU. The European Commission and twenty CEOs of electrolyser companies sign an agreement to increase electrolyser production capacity in the European Union by a factor of ten.

Brussels, EIB, electrolysers, energy, environment, European Alliance for Clean Hydrogen, European Commission, European Investment Bank, Frans Timmermans, gas, Green Deal for Europe, Hydrogen Europe, REPowerEu, Russia, Thierry Breton, Ursula von der Leyen

Gas further cools relations between Algeria and Spain

04/28/2022 | Industry

ALGERIA / SPAIN / MOROCCO. Relations between Algeria and Spain, disrupted since March 2022, are experiencing a new episode of tension as Madrid wants to send back to Morocco part of the Algerian gas it receives.

Libya's political crisis spills over into oil production

04/21/2022 | Industry

LIBYA. The political dispute between Libya's two rival prime ministers is now impinging on the country's economy itself because of the blockage of the oil infrastructure, which accounts for 97% of state revenue.

The Eastern Mediterranean becomes a new gas province

04/05/2022 | Society / Institutions

MEDITERRANEAN. The problem of gas resources in the Mediterranean, but also of their sharing, was invited to the 11th Cybèle meeting in Marseilles whereas the decision of the European Union not to be supplied with Russian gas imposes to find other solutions.

Albania, Algeria, Ankara, Azerbaijan, Croatia, Cyprus, EastMed, EEZ, Egypt, Eni, EU, Euromed-IHEDN, European Union, France, Francis Perrin, gas, gas industry, gas pipelines, Gaza, Greece, GZ4, hydrocarbons, Institut des relations internationales et stratégiques, Iris, Israel, Italy, Lebanon, Libya, Marseille, Medgaz, Mediterranean, Middle East, Morocco, Nicosia, Oruç Reis, Paris, PCNS, Policy center for the new south, Rabat, Rencontre internationale de Cybèle, RTCN, Russia, Russian gas, Serbia, Slovenia, Sonatrach, Spain, Syria, TAP, TotalEnergy, Toufik Hakkar, Trans-Adriatic Pipeline, Transmed, Turkey, Turkish Republic of Northern Cyprus, Ukraine, UN, UNCLOS, United Nations Convention on the Law of the Sea, Yves Lacoste, Élie Jarmache

Larache natural gas field in Morocco shows great promise

04/05/2022 | Industry

MOROCCO. The latest analyses of the Chariot Oil & Gas field, located off the town of Larache, reveal a natural gas of excellent quality with methane gas present at more than 96% in the seven reservoirs inventoried.

Adonis Pouroulis, Anchovies, carbon dioxide, Chariot Oil & Gas, energy, gas, hydrocarbons, hydrogen sulphide, Larache, Lixus, Morocco, natural gas, Office national des Hydrocarbures et des Mines, ONHYM, Stena Don, Tangiers

The end of Russian gas in Europe reshuffles the cards in the Mediterranean

04/05/2022 | Industry

MEDITERRANEAN. In addition to the general price increase that will impact everyone, the halt in Russian gas exports to Europe will penalise Italy, Greece, Serbia and Slovenia. It could also be a great opportunity for Algeria and Egypt.

Algeria Egypt, Europe, floating LNG terminal, France, gas, Greece, Italy, liquefied natural gas, LNG, Mediterranean, pipeline, Russian gas, Russian gas exports, Serbia, Slovenia, Southern Europe

The European Commission recommends joint gas purchases at EU level

03/24/2022 | Services

EU. The European Commission has presented a series of ideas for collective action to ensure security of supply and reasonable prices for gas in the European Union in the face of threats from the war in Ukraine.

COvid-19, dollars, EU, European Commission, European Union, euros, gas, hydrocarbons, hydrogen, LNG, Ukraine, USA, Vladimir Putin

Algeria ready to increase its gas deliveries to Europe

03/01/2022 | Industry

ALGERIA / EU. Sonatrach's CEO has pledged to deliver more gas to the European Union to replace, in part, Russian gas exports threatened by the conflict in Ukraine.

Abdelmadjid Attar, Algeria, Algiers, Baltic Sea, Berkine Sud, Brussels, Claudio Descalzi, energy, Engie, Eni, EU, European Union, gas, Gas Infrastructure Europe, Germany, green hydrogen, GZ4, Hassi Bi Rekaiz, hydrocarbons, industry, Isarene, Liberty, liquefied natural gas, LNG, Luigi Di Maio, Maghreb Europe Pipeline, Medgaz, Mediterranean Sea, Morocco, NATO, Nord-Stream 1, Nord-Stream 2, North Atlantic Treaty Organisation, Olaf Scholz, OMV, Portugal, Russia, Shell, Slovenia, Sonatrach, Spain, State, TFT, TotalEnergies, Toufik Hakkar, Touggourt, TurkStream, Ukraine, Uniper, Wintershall Dea

Libya's House of Representatives on track to validate rival government

03/01/2022 | Society / Institutions

LIBYA. Libya already had two Prime Ministers. It should have, from Monday 28 February 2022, two governments. Since the appointment by the House of Representatives (HoR) of Fathi Bachagha (former Minister of Interior of the Government of National Accord - GNA) on 10 February 2022 to this post...

Abdel Hamid Dbeibah, Aguila Saleh, Fathi Bachagha, gas, GNA, GNU, HoR, hydrocarbons, Khalifa Haftar, Libya, Libyan Dialogue Forum, Libyan politics, Mohamed Aoun, Mustafa Sanalla, NOC, oil, Tobruk, Tripoli

Italy's Saipem fined €192m for corruption in Algeria

02/16/2022 | Industry

ITALY / ALGERIA. An Algerian court's ruling on corruption in the oil sector has put Saipem in serious financial difficulties.

Spain replaces Algeria to deliver gas to Morocco

02/08/2022 | Society / Institutions

SPAIN / MOROCCO / ALGERIA. The Spanish and Moroccan governments signed an agreement on gas on Thursday 3 February 2022. Following its decision to unilaterally break off all relations with Morocco at the end of August 2021, Algeria decided on 31 October 2021 not to renew its contract (running for 25...

Algeria increases its hydrocarbon export revenues by 70%

01/04/2022 | Industry

ALGERIA. The CEO of Sonatrach announces an increase in gas and oil exports of 19% in volume and 70% in turnover in 2021 with a result of 34.5 billion dollars.

EU funds expansion of Jordan's largest landfill

12/08/2021 | Environment

JORDAN / EU. The European Bank for Reconstruction and Development and the European Union are providing financial support of almost €15M for the modernisation of the Al Ghabawi landfill, the only one in the Jordanian capital.

Al Ghabawi, Amman, EBRD, energy, environment, EU, European Bank for Reconstruction and Development, European Union, GAM, gas, Greater Amman, Jordan, landfill, methane, refugees, solid waste, Syria

Morocco secures its gas supplies

12/02/2021 | Industry

MOROCCO/ALGERIA. Deprived of Algerian gas, Morocco signs an LNG supply contract with Sound Energy.

Algeria, gas, GME, liquefied natural gas, LNG, Maghreb Europe Pipeline, Moroccan National Office of Electricity and Drinking Water, Morocco, ONEE, Portugal, Sound Energy, Spain, Tendrara

Egypt, Greece and Cyprus sign electricity transfer agreement

10/21/2021 | Industry

EGYPT / GREECE / CYPRUS. Three Eastern Mediterranean countries, Egypt, Greece and Cyprus, sign a tripartite electricity transfer agreement to ensure interconnection, but also to promote the exploration and transfer of natural gas between them.

Lebanon in search of fuel

09/16/2021 | Society / Institutions

LEBANON. Without diesel and gas, Lebanon is at a standstill.

Beirut and Mount Lebanon Water Authority, fuel, fuel oil, gas, gas oil, Hezbollah, Lebanon, Syria

Libyan economy faces the challenges of water stress and hydrocarbon management

09/02/2021 | Society / Institutions

LIBYA. Incessant vandalism of water networks and oil installations, suspension of the president of the national oil company, water shortages, need to diversify revenues, the Libyan economy is struggling to return to normal after ten years of civil war.

Abdul-Hamid Dbeibah, ACWUA, Al-Khums, Bahr Essalam, Bani Walid, Bertrand Bainvel, Claudio Descalzi, Cristina Brugiolo, CSP, Egypt, electricity, ENI, Fayez al-Sarraj, Fezzan, gas, General company for water and wastewater, GNA, Great artificial river, Hasawna, hydrocarbons, Italy, Jadalla Oakely, Ján Kubiš, Kaïs Saïed, Khalifa Haftar, Libya, Libyan Political Dialogue Forum, Lldif, LPDF, Manul, Marsa Al Hariga, Mellitah Oil and Gas, Mena, Misrata, MMRA, Mohamed Al Hweij, Mohamed Al Mnefi, Mohamed Aoun, Mustafa Sanallah, National Oil Corporation, NOC, Nubia Basin, oil, Ras Lanouf, REAol, Sabratha, Sadiq al-Kabir, Sarir, Sirte, SWH, Tobruk, Tripoli, Tunisia, Ubari, UN, UN Security Council, UNDP, Unicef, United Nations Support Mission in Libya, USAID, water, water stress, Zawiyah, Zliten

France joins the Eastern Mediterranean Gas Forum

03/10/2021 | Industry

MEDITERRANEAN. The Member States of the Eastern Mediterranean Gas Forum have accepted the arrival of France as a member and the United States as a permanent observer.

version française

Cyprus, Eastern Mediterranean, Egypt, EMGF, energy, France, gas, Gaza, Greece, Israel, Italy, Jordan, Mediterranean, Palestine, Turkey, United States

The EU and Qatar to finance a €70 million gas pipeline between Israel and the Gaza Strip

02/25/2021 | Industry

PALESTINE. Qatar and the European Union have pledged $60 million and €20 million respectively to finance a gas pipeline linking Israel to the Gaza Strip power plant.

version française

Egypt, energy, European Union (EU), gas, gas pipeline, Gaza Strip, hydrocarbons, Israel, Mahmoud Abbas, Mohammad al-Emadie, Mohammad Shtayyeh, Palestine, Palestinian Authority, Qatar, Sven Kühn von Burgsdorff

Sonatrach will invest $40 bn over five years

01/05/2021 | Industry

ALGERIA. The Algerian group Sonatrach announces an investment programme of $40 billion over five years, 51% of which in dinars.

Algeria, energy, FEED, gas, Gassi Touil, Hassi Bir Rekaiz, Hassi Messaoud, Hassi R'Mel, hydrocarbons, industry, Sonatrach, Toufik Hakkar