India’s gas-based power generation this year has climbed to a level not seen in years as record low gas prices helped to make it relatively more attractive than coal in certain regions of the country, with analysts expecting the trend to continue for the rest of the year. The substantial …
Read More »U.S. Hits New Natural Gas Highs in 2019
The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019. In 2019, dry natural gas production increased by 10 per cent, reaching a record-high average of 93.1 billion cubic feet per day (Bcf/d). …
Read More »Iran’s Natural Gas Storage Rises in H1
The volume of natural gas stored in Iran’s storage facilities during the first half of the current Iranian calendar year (March 20-September 21) has increased considerably compared to the same period last year, Head of National Iranian Gas Transmission Company (NIGTC) said. According to Mehdi Jamshidi Dana, gas storage in …
Read More »Russia, US Continue to Clash over Fate of Nord Stream 2 Gas Pipeline
Russia and the US continue to clash over the future of the Nord Stream 2 gas pipeline, with Moscow hitting out at calls from Washington for the creation of a “coalition” of nations aimed at blocking completion of the project. A little over 150 km of Nord Stream 2 remains …
Read More »China to See Record LNG Imports as Industries Recover, Expand
China’s imports of liquefied natural gas will likely grow 10 percent to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand. With its total natural gas use likely expanding at 4-6 percent this year, China is the only major bright …
Read More »German Minister Urges to Not Question Nord Stream 2 Completion in Light of Navalny Case
German Economic Affairs and Energy Minister Peter Altmaier on Friday opposed stopping the construction of the Nord Stream 2 gas pipeline because of the situation with Russian opposition figure Alexey Navalny, adding that it is problematic to question future-oriented projects every two months. “It is problematic to question projects that …
Read More »Egypt, Greece, Cyprus Form Six-Member Mediterranean Gas Group
Liquefied natural gas (LNG) dispenses through pipes on-board the Gallina LNG tanker after docking at the National Grid Plc’s Grain LNG plant on the Isle of Grain in Rochester, U.K., on Saturday, March 4, 2017. The shipment to England on the Gallina was priced using the U.K.’s National Balancing Point, …
Read More »Gazprom Resumes Pumping Gas Through Power of Siberia after Preventive Maintenance
Pumping gas through the Power of Siberia pipeline, which supplies gas to Russian consumers in the Far East and China, resumed on Tuesday after scheduled maintenance work, Gazprom said. “Scheduled maintenance work on the Power of Siberia gas pipeline has been completed. Gas transportation, as planned, has been resumed today …
Read More »China Expected to Consume more Natural Gas in 2020
China’s natural gas consumption is expected to increase in 2020 amid the country’s efforts to step up exploration and development of the energy source, according to an industry report. Consumption of natural gas is estimated to expand by 13 billion cubic meters to 320 billion in 2020, according to the …
Read More »Iraq could Generate over 3.5 GW by Capturing 40% of Flared Gas
Iraq, the world’s second-worst gas flarer, could generate over 3.5 GW of power by capturing 40% of associated gas that is currently burned, a GE executive said Sept. 20. “In Iraq, if we capture 30% to 40% of the gas flaring that is being done, we can deliver over 3.5 …
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