Gas

Russia Loses Its Chance to Capture the EU Gas Market

While the whole world was shocked by negative West Texas Intermediate (WTI) oil prices due to the shortage of demand during the Covid-19 lockdown, the gas market hasn’t seen any dramatic changes. According to Rystad Energy, gas use for industrial consumption is set to decline five per cent, for commercial …

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Russia’s Yamal LNG Sends Early Shipment via Arctic Route

Russia’s biggest liquefied natural gas producer is sending the fuel across the Arctic to China more than a month earlier than usual as the ice that typically blocks the route thaws. The Christophe de Margerie, an ice-class vessel serving Novatek PJSC’s-led Yamal LNG project, departed from the production plant in …

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China to Favor LNG over Piped Gas Imports

China is likely to favor liquefied natural gas (LNG) imports over pipeline gas supply until 2027, Fitch Solutions said on Monday. The super-chilled fuel will continue to be dominant over piped gas imports because of rampant expansion of domestic LNG import capacity. In addition, it will take the Power of …

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