Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: December 2021

Gazprom set to wait to pump gas in Nord Stream 2 pipeline

Gazprom, the world’s largest gas supplier operating out of Russia, is not in a rush to move forward with supplying gas through the Nord Stream 2 pipeline, causing some anxiety in the market. There are several reasons for their patient position. Sources state that windfall revenues from high European...

COP26 and the Agreements Made

It may seem like ages since the crucial two-week conference took place in Glasgow in November.  At the end an agreement was reached – though not legally binding – to reduce the worst impacts of climate change.  Some leaders and campaigners felt it did not go far enough. As...

December 2021 Markets Update

Gas After a calm end to October, UK gas prices rallied again throughout November due to below-average temperatures, unfulfilled Russian deliveries into Europe and setbacks for the Nord Stream 2 completion date. UK gas storage started the month at 100% capacity and with Europe lagging around 70%, this enabled...
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