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Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
Gas storage to grow more critical in energy transition – IGU
The International Gas Union calls for a ‘whole-system’ approach, combining planning of gas, electricity and hydrogen networks to ensure energy systems remain flexible and resilient during the transition
Shell offshore deal signals Nigerian gas coming of age
FID on the HI development suggests the country’s chronically under-exploited gas reserves are beginning to be properly exploited
MENA states try to change their gas fortunes
While Syria has gas import plans and Jordan is targeting greater production, Egypt is struggling with declining output and Lebanon with the after-effects of conflict
MENA states sharpen their gas focus
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
Mideast states power up their gas priorities
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
Natural gas: A vital bridge for the Middle East’s energy future
With responsible development and rigorous regulation, gas can help the region move forward not just as an energy exporter, but as a global leader in the energy transition
MENA's gas metamorphosis
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
From green goals to ground realities
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Security of supply could be impacted
EU Gas
Simon Ferrie
27 January 2023
Follow @PetroleumEcon
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EU bodies issue gas price cap warnings

Two preliminary reports echo industry criticisms, although lower prices have reduced the likelihood of the mechanism being triggered

The EU’s plans to introduce a cap on TTF gas prices from 15 February have yet to result in any “significant impacts, positive or negative”, according to two of the bloc’s agencies. The European Securities and Markets Authority (Esma) and the Agency for the Cooperation of Energy Regulators (Acer) collaborated on two linked reports about the risks associated with the market cap mechanism. Both reports state that, while the plans are yet to have an impact, there could be “potential market effects in the future”. The two agencies have been tasked with responsibility for monitoring and reviewing both the markets and the functioning of the price cap, in conjunction with the European Commission. Eu

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