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Istanbul’s energy stock exchange (EPİAŞ) has introduced a spot natural gas trade system after the completion of a five-month testing phase..Turkey intends to become a natural gas trading hub and expects this new system to bring more competition and supply diversification to the domestic natural gas market..

The new system will determine natural gas prices for the day-ahead market, which will be matching offers from suppliers with corresponding bids from market players and result in a supply and demand equilibrium price. Interested companies will be able to trade at least 1 mcm/d.

EPİAŞ also started to publish natural gas transmission data through its online in July 2018 and started to share virtual trade, capacity, reserve, actualization and stock amounts on a daily basis..

Belgian gas transmission grid operator Fluxys and its Spanish counterpart Enagás have agreed to jointly sell their total stake in Swedish gas grid operator Swedegas to FS Gas Transport, a subsidiary of First State Investments managed European Diversified Infrastructure Fund II. The transaction is expected to amount SKK2.04bn (€192m) and both companies have agreed to this proposal.

The Panama Canal Authority (ACP) has modified the waterway’s booking system for Neopanamax vessels starting from October 2018 and expects this new regulations to support the steady growth of the LNG segment, which began transiting through the waterway following the inauguration of the expanded canal in 2016.

Danish energy company Ørsted has signed a 15-year power purchase agreement (PPA) with RWE’s subsidiary Innogy from the 860 MW Triton Knoll offshore wind park project (United Kingdom), which is expected to come onstream in 2021. Ørsted will offtake 100% of the electricity generated by the power plant once it is commissioned.

The Brazilian power trading chamber CCEE (Câmara de Comercialização de Energia Elétrica) has awarded 2,100 MW of power generation capacity for a total of 62 projects under the framework of the latest renewables auction (Leilão de Energia Nova A-6). The winning companies are expected to invest approximately BRL7.68bn (US$1.89bn) to build the projects..

South Korean engineering companies Doosan Heavy Industries & Construction (DHI) and Daewoo Engineering & Construction (Daewoo E&C) will take part in a bid led by Korean state-run energy company Korea Hydro & Nuclear Power Corporation (KHNP) for the construction of two power plant projects in Czech Republic and Poland. The consortium will also include Korea Electric Power Corporation (Kepco),…

Norwegian energy company Equinor (formerly known as Statoil) has been granted consent for start-up of the Aasta Hansteen offshore gas field by the Norwegian Petroleum Directorate (NPD). The project may now move forward and gas production may begin during the course of autumn 2018. A total of eight production wells will be drilled at the field,…