Germany's LNG terminals to be twice as expensive – Reuters

The estimated cost of the project will exceed €6 billion, the news outlet reports, citing economy ministry The acquisition and maintenance of floating liquefied natural gas (LNG) terminals will cost Germany at least €3 billion more than originally envisaged, Reuters reported on Monday, citing a statement from the country’s economy ministry.

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Ukraine to hike transit fee for Russian oil to EU

The attacks on energy infrastructure are increasing costs for transmission via the Druzhba pipeline, the operator says Ukraine has announced plans to raise transit fees for Russian oil running through the Druzhba pipeline to the EU, due to higher costs resulting from Russian air and missile strikes targeting the country’s energy infrastructure.

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Earthquake triggers tsunami scare for Pacific islands

A 7.0-magnitude quake has hit the Solomon Islands, briefly prompting fears of a tsunami A powerful magnitude 7.0 earthquake has struck near the Solomon Islands, with the Pacific Tsunami Warning Center saying that hazardous waves are possible for several islands in the region, including Papua New Guinea and Vanuatu.

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