Azerbaijan's gas exports to Europe are exploding. They are up by more than 30% in 2022.

A rush of LNG tankers increases gas prices. The high demand leads to a lack of tankers for transportation.

Portugal states that the gas supply of Central European countries requires a close interconnection with the Iberian Peninsula. He then approached Italy to find an alternative to the MidCat project.

Affected by the energy crisis, German industrial production is back down in July. With the closure of Nord Stream 1, the worst could yet come.

Russian LNG remains popular in China. In August, during a major heat wave in the country, China imported some 611,000 tons of LNG from Russia.

Gas prices in Europe are rising further since the shutdown of Nord Stream 1. In fact, they have risen by 30%.

Norway intends to increase its gas deliveries to Europe. It expects to deliver record volumes.

Russia announces the closure of Nord Stream 1 for an indefinite period. The fear of a shortage worries Europe, which is looking for alternatives.

The energy crisis continues. Eni is approaching Egypt to develop gas production and increase imports.

Norway is increasing its gas exports to Europe and the UK. It delivered 9.5 billion m3 in August.