natural gas

Gas in SEE 2025–2026: Security, price, infrastructure and the battle for industrial survival Read More »

Gas in SEE 2025–2026: Security, price, infrastructure and the battle for industrial survival

Natural gas has become one of the decisive strategic determinants of Southeast Europe’s economic, industrial and geopolitical identity. Where electricity is increasingly shaped by transition policy and structural market design, natural gas remains a more immediate, volatile and existential variable. It defines heating resilience, shapes industrial production costs, underpins power generation in several markets, influences […]

Gas at the centre: How balancing, LNG, and spark spreads now define power prices Read More »

Gas at the centre: How balancing, LNG, and spark spreads now define power prices

For most of Europe’s electricity-market history, natural gas played a supporting role. It was a reliable, dispatchable fuel that complemented baseload generation and provided peak capacity when needed. Its pricing mattered, but it rarely dominated the narrative. Power markets were analysed primarily through generation mix, demand patterns, and network constraints. Gas was a fuel input,

Gas markets as a structural cost driver for Serbian exporters Read More »

Gas markets as a structural cost driver for Serbian exporters

Natural gas has shifted from a relatively predictable industrial input to a structurally volatile cost driver across European markets. For Serbian exporters supplying the EU, gas price dynamics now shape not only operating costs, but also contract structures, risk allocation, and long-term competitiveness. Unlike the pre-2020 period, when long-term pipeline contracts smoothed price volatility, today’s

Turkey steps in as key guarantor of Russian gas flows to Hungary amid geopolitical strains Read More »

Turkey steps in as key guarantor of Russian gas flows to Hungary amid geopolitical strains

Hungarian Prime Minister Viktor Orbán announced that Turkey has agreed to safeguard the transit of Russian natural gas to Hungary. The commitment was reached following talks in Istanbul and revealed during a joint press appearance with President Recep Tayyip Erdoğan. Hungary continues to rely heavily on Russian energy supplies despite ongoing geopolitical tensions related to

Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry Read More »

Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry

Both entities of Bosnia and Herzegovina — the Republic of Srpska (RS) and the Federation of Bosnia and Herzegovina (FBiH) — are still waiting for a renewed natural gas supply contract with Russia’s Gazprom Export. The previous agreement was extended by an annex for only one month, while expectations remain that a new deal will

Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments Read More »

Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments

OMV Petrom, an oil and gas company, has announced a successful natural gas discovery at its Spineni site, located about 70 kilometers northeast of Craiova in southwestern Romania. The Spineni-1 exploration well was drilled to a depth of approximately 4,800 meters. Flow tests showed a commercial output of 180,000 cubic meters of gas per day,

Romania: Energy Regulator ANRE denies claims of discounted gas exports to Austria Read More »

Romania: Energy Regulator ANRE denies claims of discounted gas exports to Austria

Romania’s National Energy Regulatory Authority (ANRE) has strongly denied recent accusations that the country exports natural gas to Austria at discounted rates, allegedly disadvantaging Romanian consumers. In a public statement, ANRE rejected what it called misleading claims made by certain political figures, emphasizing that such narratives contradict Romania’s economic interests and energy security goals. According

North Macedonia: The Energy Community approves Nomgas as TSO Read More »

North Macedonia: The Energy Community approves Nomgas as TSO

The Energy Community Secretariat published its opinion on the certification of Nomgas, the gas transmission system operator of North Macedonia. The opinion largely supports the certification of Nomgas in line with the Energy and Water Services Regulatory Commission of the Republic of North Macedonia’s (ERC) preliminary decision.  In its opinion, the Secretariat recommended that, in the

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