Algeria's natural gas exports to Southern Europe will remain robust in 2023, with Italy still dependent on Algerian imports and an increase in gas flows to Spain.

Air Products signs an agreement in Uzbekistan for the acquisition and operation of a natural gas syngas processing facility. This $1 billion investment agreement strengthens Air Products' presence in the global energy market and opens up opportunities in the advanced synthetic fuels sector.

Spire Inc. expands its natural gas footprint with the acquisition of MoGas Pipeline and Omega Pipeline. This $175 million transaction strengthens Spire's position as an industry leader, enabling it to expand its network of pipelines and distribution systems.

Ørsted inaugurates the FlagshipONE project in Sweden, ushering in a green era for marine navigation. This major project aims to produce e-methanol on a large scale, meeting the growing demand for green marine fuels.

Gasum, the main Finnish state-owned gas distribution company, has decided to terminate its natural gas purchase contract with Gazprom Export, Gazprom's export subsidiary in Russia. This decision follows an ongoing dispute over payments and interruptions in pipeline gas deliveries since May 2022.

Global demand for U.S. LNG exports is driving gas market expansion in the near term, but growth will slow in the 2030s due to the transition to renewable energy. However, natural gas will continue to play a crucial role in the energy transition.

Russian state-owned giant Gazprom has reported a 41.4% drop in net profit in 2022, to 14.2 billion euros, due to a drop in gas exports to Europe as a result of the conflict in Ukraine, heavily impacted by Western sanctions.

The Biden administration is stirring up controversy by supporting the Mountain Valley Pipeline project despite environmental criticism. This decision may be seen as a setback for environmentalists who have been calling for bolder action against climate change.

European natural gas prices are hitting a new low due to comfortable storage levels and rising temperatures, while the European Union is trying to prevent a further price spike by launching bulk gas purchases to replenish stocks before winter.