Gas

Iran Gas Export Doubles in 8 Years

CEO of National Iranian Gas Company Hassan Montazer Torbati said on Tuesday that Iran’s gas export has made 100 percent growth in 8-year term of the incumbent Government with 18b cubic meters export in the current year compared with 9b cm export in 2013. Torbati made the remarks in an …

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Global LNG Demand Expected to almost Double by 2040

Global liquefied natural gas (LNG) demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook. Demand was 360 million tonnes last year, up slightly from 2019’s 358 million tonnes, despite volatility caused by lockdowns during the coronavirus pandemic. …

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Gazprom’s Exports to Europe Fell by 12% in 2020

Russian energy giant Gazprom on Monday (15 February) announced a drop in its exports to Europe in 2020, when prices and demand in the energy industry collapsed due to the coronavirus pandemic. Gazprom, which includes Turkey in Europe, said its European exports fell by 12.1% in 2020 year-on-year, down to …

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Qatar Approves World’s Largest LNG Project

Qatar Petroleum took this week the final investment decision to build what it says would be the world’s largest liquefied natural gas (LNG) project in terms of capacity, as the tiny Gulf nation and top global LNG exporter aims to raise its annual production by 40 percent by the end …

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