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Belgian gas TSO boosts profits on less throughput

Belgian gas TSO boosts profits on less throughput
Apr 1, 2021 9:30:am
Summary
The start-up of the fifth LNG storage tank offering transshipment services to the Novatek-led Russian export terminal was the main reason.
by: William Powell
Belgium s gas transmission system operator (TSO) Fluxys saw its profit inch up to €73.2mn ($86mn) in 2020, from 2019 s €69.5mn, despite lower throughput during the year. Pre-tax earnings were also up, at €313.6mn, from €297.3mn in 2019, ac.
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Novatek Led Russian , Gas Transmission System Operator , Low Calorific Natural Gas , Gas Field , Fluxys Belgium , Gas Import Contract , Zeebrugge Lng Terminal , Transshipment Services , Natural Gas Fired Power Plants , Gas Export Contract , வாயு பரவும் முறை அமைப்பு ஆபரேட்டர் , வாயு புலம் , வாயு இறக்குமதி ஒப்பந்த , இயற்கை வாயு நீக்கப்பட்டார் பவர் செடிகள் , வாயு ஏற்றுமதி ஒப்பந்த ,

Europe's just transition: the politics of change [NGW Magazine]

Europe’s just transition: the politics of change [NGW Magazine]
Mar 11, 2021 9:40:am
Summary
Eastern and southern European countries are lobbying to change the sustainable finance rules so gas may support the transition. [NGW Magazine Volume 6, Issue 5]
by: Charles Ellinas
EU’s Taxonomy regulation is intended to “provide clarity and transparency on environmental sustainability to investors, financial institutions, companies and issuers thereby enabling informed decision-making in order to foster investments in environmentally sustainable activities” (Figure 1). It is the world’s first green list for sustainable investment.
Finding the right balance between what is considered to be green and what is not is critical to achieving a successful energy transition in Europe. But there is a danger that Taxonomy definitions could have a counter-productive effect on related EU policy emanating from the Green Deal (Figure 2). ....

Bruxelles Capitale , Green Deal , Mairead Mcguinness , Gas Projects , East Europe , Kind Utilities , Josep Borrell , Patrick Pouyanne , Oil And Gas Sector , Natural Gas Fired Power Plants , Ambitious And Pragmatic Policy Tools , European Central Bank , Natural Gas , Oil And Gas , Costis Stambolis , Energy Transition Projects , Energy Supplies , Renewable Energy , Nuclear Energy , European Parliament , Energy Forms , Energy Mix , Appropriate Technologies , Commissioner For Financial Stability , Gas Infrastructure , Central Europe ,