Gas

The Middle East is expected to become one of the world’s main suppliers of liquefied natural gas (LNG) as climate policies see a rapid decline in demand for oil and coal, leading to a shrink in fossil fuel consumption for the first time in modern history, BP said in its …

Iraq has invited international bidders to develop its Mansuriya gas field near the Iranian border, Iraqi Oil Minister Ihsan Abdul Jabbar told the state news agency INA last week. The invitation comes after the termination of a contract with a group led by Turkey’s state-owned Turkish Petroleum Corp. that also …

Japan plans to handle 100 million tonnes (Mt) of liquefied natural gas (LNG) imports by 2030, as it sees the supercooled fuel playing an important role in tackling global climate issues, Kallanish Energy reports. According to analysts at IHS Markit, the Japanese government is currently working to revise its LNG …

China appetite for Russian gas is surging, with daily supplies from the Power of Siberia pipeline exceeding its contractual volumes by 20%, Kallanish Energy reports. Russian gas giant Gazprom said in a note on Monday that it continues increasing its gas supplies to China via the pipeline, with volumes from …

Higher costs for gas infrastructure and the new CO2 price in the heating sector are set to increase gas costs for German households in 2021, consumer comparison site Verivox has calculated. The platform estimates a two percent increase in gas grid fees, amounting to eight euros more per average household …

India has all but lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms for development of the field, sources said. ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had …

One key theme of the 9th annual LNG Producer-Consumer Conference—held by Japan’s Ministry of Economy, Trade and Industry (METI) and the Asia Pacific Energy Research Centre (APERC) on 12th October 2020—was the role of LNG in tackling the global climate challenge. Japan is seeking opportunities to use its position as …

Germany has become the largest consumer of Russian gas in Europe after it increased exports of the blue fuel more than twofold in one month, fresh data from Russian customs shows. Russia pumped over 3.2 billion cubic meters of gas to its largest European trade partner in August, TASS reported, …

Qatar Petroleum is set to ramp up exports of liquefied natural gas to the U.K. as the Persian Gulf country seeks buyers for the output from a new project and several large supply contracts are due to expire. Qatar reserved capacity for as much as 7.2 million tons of LNG …

CEO of the Iranian Central Oil Fields Company Ramin Hatami said the ICOFC had planned to produce over a billion cubic meters of gas from Sarajeh gas storage facility in winter. “A sum of 902 million cubic meters of gas was recovered from Sarajeh facility last year,” Hatami said, adding, …