Energy
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Despite the cessation of transit through Ukraine, the EU continues to purchase record volumes of Russian gas, but now in the form of LNG. According to Bloomberg, the volumes of LNG sold have already exceeded those that Moscow was transporting through Ukraine until January 1 (in recent years, the average volume was 35-40 mcm of gas per day).
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The average exchange price for gas in Europe increased by 20.4% in December 2024 compared to the same period last year. According to data from the London ICE exchange, the price of gas futures in December averaged $489 per thousand cubic meters. This was 20.4% higher than in December of the previous year, when the price was nearly $407. Prices in the last month of the year remained at the November level of $491.2 per thousand cubic meters, which became the highest of the year.
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The Turan-Energy team congratulates you on the upcoming New Year and wishes you prosperity and great success in your business in 2025!
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Yesterday, the national electricity companies of Azerbaijan, Kazakhstan, and Uzbekistan signed a founding agreement to create a joint venture called "The Commonwealth of the Green Corridor," a publication on the social media account of Parviz Shahbazov, Azerbaijan's Minister of Energy. "The joint venture, headquartered in Baku, is an
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