EU, gas imports declining/ Cause, ban on Russian transit and increase in LNG shipments from the US
Pipeline gas imports into the European Union fell by 9% year-on-year in the first half of 2025. According to the latest analysis, this decline was influenced by the ban on the transit of Russian gas through Ukraine at the beginning of the year, but the bloc has increased its dependence on liquefied natural gas (LNG).
The use of energy-efficient appliances and the increase in renewable sources have helped reduce gas consumption in the EU over recent years, according to an updated report by the Institute for Energy Economics and Financial Analysis.
However, as the bloc considers how to halt oil and gas imports from Moscow by the end of 2027, Russian gas imports via Turkey have increased in recent years. Ankara has made it clear that it will not support the EU plan to cut off these imports, offering Russia an opportunity to enter the European market.
According to EU data, the three main sources of pipeline gas imports in the first half of the year were Norway (55%), Algeria (19%) and Russia via Turkey (10%). The institute added that imports from Azerbaijan, Libya and Norway decreased compared to the same period last year, while those from Algeria, Russia via Turkey, Ankara and the United Kingdom increased slightly. Overall, pipeline gas imports from Russia shrank from over 150 billion cubic meters in 2021, before the start of the war in Ukraine, to less than 52 billion cubic meters in 2024.
LNG imports are expected to rise further following the EU-US trade deal, in which the bloc agreed to buy $250 billion worth of energy a year, including liquefied natural gas. Analysts see the EU’s withdrawal from Russia as a “tremendous opportunity” for the US to become Europe’s most reliable supplier of natural gas. However, demand for gas in Europe is falling and the market is unlikely to consume excess quantities, they explain.
Albania records the largest increase in air traffic in Europe/ Around 160% more commercial flights than before the pandemic
Albania is gaining more and more popularity among foreign tourists, especially after the end of the pandemic. Tourism has become one of the fastest growing......
Trump and Starmer sign deal/ Record investments raise concerns over Britain's dependence on the US
For British Prime Minister Keir Starmer, securing record US investment justified his invitation to President Donald Trump for a second state visit, a risky......
Albania hosts the 12th BRAF Forum: The fight against Hate Speech in audiovisual and online media is discussed
The Network of Audiovisual Regulators of the Black Sea Countries meets in Albania. Hate Speech in audiovisual media and online platforms is discussed The......
Solar park in Spitalë starts licensing/ 100 MW capacity, the company was declared the winner in the auction held in 2021
The Energy Regulatory Authority has initiated the licensing procedure for the company "Spitalla Solar", in the activity of producing electricity from the 100......
On October 7, payments through SEPA will start from Albania / 41 European countries with which transfers are made the cheapest
From October 7, Albania will be able to officially launch transfers through the SEPA system. The European Payments Council has published the new version of......
Ceremony, ministers of the "Rama 4" Government take oath before President Begaj
The swearing-in ceremony of the ministers of the Rama 4 government is being held at the presidency. After the oath, the ministers will walk from the......
New tunnel connects Austria with Italy/ Underground road crosses the Alps, significantly shortens travel time
European workers have opened an underground tunnel between Austria and Italy, which will be transformed into a high-speed rail line connecting the north and......
Investment for the electricity network in Kavaja and Golem/ OSSH opens the tender for over 96 million lek, aiming to increase quality
The Regional Directorate of OSSH Tirana has announced the opening of the tender for investment in the 20kV network, sub-station Kavajë; expansion of the 20......
