Latest news and stories about natural gas in Portugal for expats and residents.
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Anna-Kaisa Itkonen, spokesperson for the European Commission, stated this Monday that the European Union is not facing a shortage of oil or natural gas, as it imports oil from various suppliers and does not import energy from Iran.
The price of natural gas continued to rise today, although at a slower pace than in previous days, recording an increase of 10% to 61.30 euros per megawatt-hour (MWh), according to data from Bloomberg.
The European benchmark for natural gas prices, the TTF (Title Transfer Facility) contract traded in the Netherlands, rose by over 33% around 09:40 (Portugal Continental time), attributed to a new wave of attacks in Iran.
Home News Portugal still imports Russian gas Portugal still imports Russian gas Portugal still imports 5% of its liquefied natural gas (LNG) from Russia through the port of Sines, despite the European Union (EU) commitment to eliminate this dependence, promising to act as soon as it has the "lega
In the fourth quarter of 2025, Galp maintained an average oil-equivalent production of 113,000 barrels a day, up 2% year-on-year, although slightly below the previous quarter.
Petrogal will supply electricity to the Portuguese Army and the National Air Force in a total amount of more than €6.4 million. The contracts, signed in December, run for one year. Galp's subsidiary also won the contract to supply natural gas to the Portuguese Army, worth more than ...
Natural gas prices in Europe, which followed a downward trajectory in 2025, began 2026 with an abrupt reversal of that trend. However, analysts consulted by ECO/Capital Verde do not see major cause for concern: prices are not 'at crisis levels' and the rise should be temporary. The researcher and analyst at ...
Prices of Dutch natural gas contracts, which serve as the European benchmark, rose by around 8% on Friday, reaching their highest levels since June. Reuters reports the rise is driven by forecasts of colder weather for the remainder of the month, which have heightened concerns about storage levels...
APREN, Portugal’s renewable energy association, reveals that the Iberian Blackout last April prompted a year ‘marked by a decline in renewable energy incorporation, and an increase in natural gas production‘. The post Iberian blackout prompts slowdown in renewable energy installations appeared first on Portugal Resident.
Electricity consumption reached a new record high in 2025, resulting in greater reliance on natural gas power plants and an increase of one million tonnes of carbon dioxide (CO2), according to the Zero association. Electricity consumption in Portugal reached 53.1 terawatt-hours (TWh) in 2025, up 3.2% or 1.7 TWh ...
