▪️In less than 5 years Europe is experiencing a second large-scale energy crisis, having not yet recovered from the first, — Bloomberg states. ▪️Since February gas prices in the EU…
According to El Mundo, due to EU sanctions Russia is redirecting volumes of LNG that previously went to Europe to Asia. Europeans under long-term contracts took gas at €25–27 per…
The rupture of the BRELL ring (this is the agreement and the synchronous mode of operation of the energy systems of Belarus, Russia, Estonia, Latvia and Lithuania, created in February…
NEW YORK, October 11. /TASS/. Statements by European countries criticizing the U.S. agreements with Russia on diesel fuel supplies are completely cynical. This was stated by U.S. Treasury Secretary Scott…
“We have a problem with competitiveness and innovation. Europe’s competitiveness relied to a large extent on affordable Russian gas, and that is what triggered the crisis across the entire continent.…
The Cyprus Energy Regulatory Authority (CERA) and the Ministry of Energy have launched a backup mechanism in case of an electricity shortfall. An adverse scenario is being considered in which…
Petrol prices in Cyprus rose by 6.2% over the month, the fourth-largest increase among EU countries. This is according to Eurostat data for August. Petrol rose more sharply only in…
