The LNG Events Series Steering Committee has announced that Qatar has been selected as the host country for LNG2025, the 21st International Conference and Exhibition on Liquefied Natural Gas. Professor Joe M Kang, chair, LNG Events Series Steering Committee and president, International Gas Union (IGU), made the announcement marking the …
Read More »Germany Continues Viewing Nord Stream 2 as Economic Project
Germany continues viewing the Nord Stream 2 gas pipeline as an economic project and Berlin does not support unilateral economic sanctions of the United States against it, German Government’s spokesperson Ulrike Demmer said at the briefing on Monday. “The government’s position on the Nord Stream 2 has not changed,” Demmer …
Read More »Russia Reportedly Surpassed US in LNG Exports to China in June
Russia exported 396,000 tonnes of liquefied natural gas (LNG) to China in June, while US exports amounted to 340,000 tonnes during the same period, Bloomberg reported on Monday, citing data from China’s General Administration of Customs. According to the customs data released on Sunday, Russia’s LNG exports to China increased …
Read More »Nord Stream Gas Pipeline Returns to Operations after Maintenance
The Nord Stream gas pipeline, which runs on the bed of the Baltic Sea from Russia to Germany, has returned to operations on Sunday after a routine maintenance, the pipeline operator said. The pipeline’s both lines had been shut for maintenance from July 14. “After the temporary shutdown of the …
Read More »Iran Kicks Off Pipe-Laying for Longest Subsea Gas Project
An Iranian contractor started laying pipes for a long underwater gas transfer project connecting the Kish Island in the Persian Gulf to the country’s national gas network. The pipeline will link a gas supply terminal in Bandar Aftab, also known as Gerzeh, in the Southern Hormozgan province, to a gas-fired …
Read More »Russia’s Nord Stream 2 Pipeline will Significantly Cut Gas Prices in Europe
European consumers will benefit from lower gas prices if the underwater pipeline from Russia to Germany, the Nord Stream 2, is completed, energy consultancy Wood Mackenzie said as the US is up in arms trying to stop the project. Analysts expect the price for the blue fuel in Europe to …
Read More »Turkey is Looking to Reduce Reliance on Russian Gas
Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas giant Gazprom for at least two weeks. According to Turkish state-owned Botas, cited by Interfax, the Turkish Stream pipeline will …
Read More »Israel’s Leviathan Gas Field Production Hit by Declining Demand
Israel’s offshore Leviathan gas field experienced declining gas production volumes and prices in Q2 2020, following a drop in regional demand as a result of the Covid-19 pandemic, Kallanish Energy reports. A H1 2020 update published by project partner Derek Drilling recorded total net gas production of 0.74 billion cubic …
Read More »Qatar’s Second Gas Boom about to Get Underway
The long-term outlook for Qatar’s second gas boom does not fundamentally change whatever the eventual economic impact of Covid-19 be, on both the energy market and the country’s non-hydrocarbons economy, a new report has shown. According to PwC, the current crisis may even work to Qatar’s advantage as potential competitors, …
Read More »Russia Aims for 15% of Global LNG Market by 2025
Ongoing development of new liquefied natural gas (LNG) projects in Russia will allow it to seize a 15-percent share of the global LNG market, Russian Energy Minister Alexander Novak wrote in an article in the Russian magazine Energy Policy. Since Russia began LNG exports in 2009 with the Sakhalin-2 project, …
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