Norway apos;s Aker BP Wants quot;price Floor quot; In European Gas Supply Deals
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Tanning addict who continued using sunbeds WHILE battling...<br><br><br><br>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.<br><br>Belgium, [https://en.volos-minivan.eu/ATHENS-0000000192-private-taxi-Katigiorgis-greece.html private taxi Katigiorgis 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.<br><br><br><br>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.<br><br>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.<br><br>Those who love their own reflection will no doubt be bewitched by the dark reflective surfaces that abound - the walls behind and in front of the bed are mirrored, along with the black door private taxi Katigiorgis greece and dividing wall for the ensuite.<br><br>We parents, meanwhile, are taking the window this unannounced babysitting shift has afforded us to soak in the view, which is stupendous - an almost-360-degree panorama of Athens, including the famed Acropolis, private taxi Trikeri greece which lies a couple of miles away.<br><br>The other contented-looking guests, lounging on loungers and lolling in cabanas, are busying themselves with selfies and soaking up the August rays, which are pushing the mercury to the late-30s Celsius.<br><br>A pouter's paradise, but ironically given the hotel's name, I find it a bit dark and dingy - the only natural light comes from a small window in one corner (and the view is of a crumbling building next door) and creating a relaxing glow artificially is tricky.<br><br><br><br>'In light of recent events, specifically the shooting in the nightclub in Colorado Springs and the arrest of two individuals for posting threatening statements online to Jewish targets, the counterterrorism bureau will deploy additional resources to ensure that festivities across the city are safe for all,' Assistant Chief Martine Materasso, who heads the NYPD's Counterterrorism Bureau, said at an Upper West Side press conference.<br><br><br><br>We vow to rise early and reach the ancient site before the midday sun and the crowds and fail miserably, instead hoping on a subway train at around 11.30am and ascending the slopes to the pillared Parthenon and the other glorious monuments and sanctuaries in the former city - built in the 5th century BC - amid heaving crowds and in blowtorch heat.<br><br>Qatar Airways named world's best airline at the 'Oscars of... 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Seaside sensation: private taxi Pelion greece Discovering why Folkestone is so much...<br><br>We opt for cooked-to-order pancakes with chocolate sauce, watermelon, good coffee from a high-end Douwe Egberts machine and croissants, before taking advantage of the hotel's handy location in Omonia Square, private day tours in Pelion greece which has a metro station just three stops from Akropoli - the station for the Acropolis.<br><br><br><br>Still, we sleep well on the sumptuous king-sized bed and in the fresh light of day appreciate the hotel's efforts to inject some stylish avian-related quirk into the interior design, minibus taxi Vergina typified by the bare lightbulb by the bed held in the beak of a wall-mounted bird sculpture, minibus taxi Tailor Made Tour the golden egg chairs in the foyer and the banquettes housed in birdcage-style frames in the dining room. | + | By Nerijus Adomaitis<br> 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.<br> Gas prices in Europe have soared to record highs and are currently up fivefold from levels seen in the first half of 2021 as Russia squeezes supplies following its invasion of Ukraine.<br> 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.<br> The EU and Norway have agreed to form a working group to discuss ways to stabilise gas prices, but sales are ultimately a transaction between companies, not governments.<br> 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.<br> 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.<br> "The buyers want a price ceiling, but not a floor. Selling the upside without any downside protection is not an attractive instrument," Oeyvind Eriksen said.<br> "As producers, we are interested in as long contracts as possible, as long as we get a fair value with a robust return over time," he added.<br> Eriksen has said previously that a price cap would likely lead to reduced supply and higher demand, effectively worsening the crisis.<br> Making long-term commercial deals possible would require EU governments to provide support, Eriksen said, as no private counterparty is currently willing to commit to long-term prices for gas.<br> Norway's Equinor, which sells about 70% of Norway's gas output, has said European buyers should be prepared to pay high prices for years to come amid supply shortages.<br><br>(Reporting by Nerijus Adomaitis, editing by Terje Solsvik, Kirsten Donovan)<br><br><br><br>If you loved this write-up and you would certainly like to obtain more facts regarding [https://en.volos-minivan.eu/ATHENS-0000000314-online-taxi-Vergina.html online taxi Vergina] kindly visit our own webpage. |
Revisión de 13:31 28 feb 2023
By Nerijus Adomaitis
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.
Gas prices in Europe have soared to record highs and are currently up fivefold from levels seen in the first half of 2021 as Russia squeezes supplies following its invasion of Ukraine.
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.
The EU and Norway have agreed to form a working group to discuss ways to stabilise gas prices, but sales are ultimately a transaction between companies, not governments.
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.
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.
"The buyers want a price ceiling, but not a floor. Selling the upside without any downside protection is not an attractive instrument," Oeyvind Eriksen said.
"As producers, we are interested in as long contracts as possible, as long as we get a fair value with a robust return over time," he added.
Eriksen has said previously that a price cap would likely lead to reduced supply and higher demand, effectively worsening the crisis.
Making long-term commercial deals possible would require EU governments to provide support, Eriksen said, as no private counterparty is currently willing to commit to long-term prices for gas.
Norway's Equinor, which sells about 70% of Norway's gas output, has said European buyers should be prepared to pay high prices for years to come amid supply shortages.
(Reporting by Nerijus Adomaitis, editing by Terje Solsvik, Kirsten Donovan)
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