Qatar will be doubling its LNG production in a few years to almost 160mn tonnes per year (tpy) in a “responsible way” with carbon capture and sequestration, HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi said Saturrday. The country’s LNG production will go up from the …
Read More »The Future of U.S. LNG: Growth, Delays, and Uncertainty
The U.S. LNG export industry has recently hit several stumbling blocks. And who will be America’s president in the next four years may not even be the biggest. Litigation at court from environmental groups, a contractor bankruptcy, and President Joe Biden’s permit pause have combined to increase uncertainty for U.S. …
Read More »Biden Admin to Issue LNG Study before Year’s End
The Biden administration will issue a study on the economic and environmental effects of liquefied natural gas exports later this month, Reuters has reported, citing an official from the Department of Energy. The study follows the “pause” that President Biden issued on new LNG export facility approvals in January this …
Read More »China-Russia East-Route Natural Gas Pipeline Fully Connected
The China-Russia east-route natural gas pipeline, the pipeline with the largest single-line gas transmission capacity in China, has been fully connected, the pipeline’s operator announced Monday. The pipeline has also achieved full capacity operation with an annual transmission volume of 38 billion cubic meters, according to China Oil & Gas …
Read More »Azeri Gas Flows Launch to Slovakia as Ukraine Gas Transit Set to Expire
On December 1, Azerbaijan’s state oil company, SOCAR, started supplying natural gas to Slovakia’s Slovenský plynárenský priemysel (SPP), the country’s largest state-owned energy operator. This comes just a month after SPP signed a short-term pilot contract to buy natural gas from Azerbaijan as it prepares for a possible halt to …
Read More »Austria’s OMV Seizes Gazprom Gas Supply in Deliveries Dispute
Austria’s energy firm OMV has seized $241 million (230 million euros) of Gazprom natural gas deliveries for October as a means to recover the arbitration award, which prompted Gazprom to cut off supply, sources close to OMV and Gazprom have told Reuters. Earlier this month, OMV said that it had …
Read More »U.S. LNG Exports to Europe Set to Surge as European Gas Prices Soar
As Europe’s benchmark natural gas prices have hit a one-year high, their premium over with the U.S. benchmark gas price has widened well above 2024 averages, signaling that U.S. LNG exporters will likely further boost deliveries to Europe to take advantage of the widening spread. Currently, the price of the …
Read More »Iraq Says 15-Day Halt in Iranian Gas Cuts 5.5 GW from National Grid
Iraq’s electricity ministry said on Sunday that Iranian gas supplies had been completely halted for 15 days due to maintenance, impacting Baghdad, the central provinces, and the Middle Euphrates, resulting in the loss of 5.5 gigawatts from its national grid. It was no immediately clear when the 15 – day …
Read More »Russia’s Gas Exports via Ukraine Remain Stable despite OMV Dispute
Russian natural gas flows to Europe via Ukraine have remained stable this week despite the fact that Gazprom cut off supply to Austria’s OMV over the weekend. Gazprom is sending 42.4 million cubic meters of gas to Europe via Ukraine on Thursday, Reuters quoted the Russian gas giant as saying. …
Read More »U.S. LNG Exports to Europe Set to Surge as European Gas Prices Soar
As Europe’s benchmark natural gas prices have hit a one-year high, their premium over with the U.S. benchmark gas price has widened well above 2024 averages, signaling that U.S. LNG exporters will likely further boost deliveries to Europe to take advantage of the widening spread. Currently, the price of the …
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