Norway apos;s Aker BP Wants quot;price Floor quot; In European Gas Supply Deals
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Aker BP would like to see a "price floor" as a condition of entering into long-term deals that also limit the upside, but has failed so far to find takers for such deals, the board chair of Norway's second-largest oil and gas producer said.
In the wake of the war in Ukraine, Greece has this year more than halved its imports of Russian gas, instead ramping up deliveries of liquefied natural gas (LNG), mainly from the United States and transportation in greece Delphi Egypt, to its sole LNG facility at Revithoussa near Athens.
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OSLO, Nov 11 (Reuters) - European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.
"These create the conditions for Greece to increase nearly four times from now to 2025 its export capacity towards its neighbouring countries," Galli said during the World LNG Summit in Athens, adding that Europe needs "flexible solutions and a flexible LNG market".
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Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate the energy crisis because they are angry that a gas price cap is not among detailed proposals, diplomats said.
Norway is now the biggest exporter of natural gas to the European Union, accounting for around a quarter of imports, and remains the largest supplier to Britain, boosting the earnings of Norwegian energy companies as well as state coffers.
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ATHENS, Nov 30 (Reuters) - Greece is becoming a European gas corridor and can nearly quadruple its gas export capacity to neighbouring countries in the coming years thanks to new infrastructure under development, Maria Rita Galli, the chief executive of the country's gas grid operator DESFA said on Wednesday.
The terminal, best day trips Delphi which the government has called "indispensible", has also helped export gas to neigbouring nations including Bulgaria, cost of taxi in Meteora greece which was cut off from Russian supplies earlier this year after refusing to pay in roubles.
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