Turkey discovered additional reserves of natural gas in the Black Sea

New drilling operations show larger volumes of gas in the largest gas field.

A field discovered by Turkey in the Black Sea may be larger than originally reported

The work on assessing the volume of the field is scheduled to be completed by mid-October this year.

Top shipping insurance group will not cover ships linked to Nord Stream 2

The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

Naftogaz Group 2020 half-year results: net loss of UAH 11.5 billion

Naftogaz reports consolidated net loss of UAH 11.5 billion after tax for the six months ended 30 June 2020.

Eastern Mediterranean countries signed an agreement to establish a gas organization

The headquarters of the organization will be located in Cairo.

How were gas debts accumulated and who will pay them off

The major cause of debts on the gas market is imperfect regulation.

Natural gas stocks in Europe

The total occupancy of European gas storage facilities (UGS) is 93.6%.