underground gas storage

Norwegian energy company Equinor has been awarded licenses for two underground carbon dioxide storage sites on the Norwegian Continental Shelf (NCS), described as “important building blocks” in Norway’s CO2 transport and storage infrastructure (CCS) ambitions. Known as Smeaheia in the North Sea and Polaris in the Barents Sea, the two sites will serve as the storage sites for carbon dioxide captured from industrial customers.
  • April 7, 2022
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Germany has appointed a German trustee to oversee Gazprom Germania, the German subsidiary of Russian oil giant Gazprom. The government has called it a "transitory solution" to Gazprom's attempt to dispose of its German shareholdings. All voting rights in Gazprom Germania will be moved to the regulator – the Bundesnetzagentur, whose trusteeship will stay in place until September 30th.
  • April 6, 2022
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Uldis Bariss, CEO of Conexus Baltic Grid, the head of Latvia's natural gas storage operator said on Saturday that the Baltic states of Latvia, Estonia and Lithuania were no longer importing Russian natural gas. He added that the Baltic market was currently being served by gas reserves stored underground in Latvia.
  • April 4, 2022
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Bulgaria's public gas network operator Bulgartransgaz has announded the launch of a €68.4 million tender for the drilling and construction of new wells as part of a project to expand Bulgaria's Chiren underground natural gas storage (UGS) facility.
  • April 3, 2022
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Greece’s Energy Ministry is considering natural gas storage in Italy and Bulgaria to ensure sufficient supplies for the 2022-23 winter season. In Greece, the annual consumption of natural gas in 2020 was 5.8 billion cubic meters, which means that it is necessary to ensure a stored quantity of 0.9 billion m³.
  • March 30, 2022
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Four developers (which include companies from the US and Middle East) have expressed an interest in the Liquefied Gas Terminal project in Latvia, as reported by the country's local media.
  • March 30, 2022
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