Gazprom to Exit Greek Trading Joint Venture

Copyright © 2024 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Russian,Flags,Greece
Quatrox Production/Shutterstock

Russia’s Gazprom is expected to sell its 50% in Greek trading joint venture Prometheus Gas to privately owned Copelouzos Group in a couple of weeks, a source close to the deal tells Energy Intelligence. The sale, which was on the agenda of Gazprom’s board meeting on Jan. 27, represents the loss of another Gazprom asset in Europe as the one-year anniversary of Russia’s war in Ukraine approaches.

Topics:
Gas Supply, Gas Pipelines, Gas Prices, Gas Demand, LNG Supply, Floating LNG, LNG Spot Trade, Ukraine Crisis
Wanda Ad #2 (article footer)
#
A US Congressman's arguments to back the US LNG export license pause do not match with market reality, potentially causing long-term harm.
Tue, May 14, 2024
The inflationary forces affecting most of the energy complex are leading some LNG project sponsors to play hardball on contract terms.
Fri, May 17, 2024
The June Nymex contract hit its highest level since January as LNG export facilities pulled in more feed gas after a series of outages.
Fri, May 17, 2024