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European gas prices climb after a postponement of the opening of Nord Stream 2

European gas prices climb after a postponement of the opening of Nord Stream 2

Gas prices increased on Tuesday (16 November) to the highest level in three weeks in the European Union. This is due to Germany's temporary shutdown of the certification process for the new gas pipeline Nord Stream 2. In addition, there is an outage at a major gas field in Norway, which is expected to last until Friday.
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Borrell: Gas cannot be used as a geopolitical weapon

Borrell: Gas cannot be used as a geopolitical weapon

EU High Representative Josep Borrell said in Brussels on Thursday (28 October) that in Moldova, the EU sees attempts by Gazprom to put political pressure in return to lower the gas prices. He said he had agreed with the Moldovan Prime Minister on the importance of strengthening resilience against any potential efforts by third parties to use energy as a geopolitical weapon. "Gas is a commodity. It has been bought and sold, sold and bought but it cannot be used as a geopolitical weapon", Borrell stated.
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A new nuclear deal can bring some benefits to Iran's energy sector

A new nuclear deal can bring some benefits to Iran's energy sector

The entrance of Iran in the 2015 nuclear deal and the lifting of US sanctions led to a boom in Iran's energy sector. A similar boom is expected after a new deal is successfully agreed upon. Experts suggest that the Iranian return to a deal could entail both negative and positive scenarios for its energy economy. 
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 Libya and Turkey sign MoUs on various issues

Libya and Turkey sign MoUs on various issues

A high-level delegation led by the Libyan prime minister, Abdul Hamid Dbeibah, visited Turkey on Monday (12 April) to participate in the joint high-level Strategic Cooperation Council. The two sides signed several new Memoranda of Understanding and renewed a commitment to the 2019 maritime boundaries agreement between the two countries.