U.S. exports of liquefied natural gas (LNG) to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID-19 pandemic, Eikon trade data shows. As with the ramp-up of U.S. oil exports that …
Read More »Russian Pipelayer Headed for Danish Waters to Join Nord Stream 2 Operation
A second Russian pipelaying vessel is now headed for Danish waters to join the operation to lay the almost-complete Nord Stream 2 gas pipeline from Russia to Germany, the pipeline development company said March 31. The Adakemik Cherskiy — which has dynamic positioning capabilities allowing for accelerated pipelaying — will …
Read More »Iraq Seeks more Gas Supplies from Iran
Ahmed al-Ebadi, a spokesman for Iraqi Ministry of Energy, said on Tuesday that his country is looking forward to receiving more gas from Iran. Al-Ebadi told Iraq’s NAS News that Iraq’s debt to Iran is ready to be delivered to Iran. Iran claims that Iraq’s debt to the country for …
Read More »Iran Yearly Gas Output up 6%
The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6% increase in Iran’s annual sweet gas production. “Fortunately, despite the embargos imposed on the country and obstacles caused by the coronavirus outbreak, growth and development did not stop in Iran and we continue to …
Read More »Nord Stream 2 Construction to Be Completed In 2021
The controversial Nord Stream 2 natural gas pipeline project will definitely be completed this year, Viktor Zubkov, chairman of the board of directors of Russia’s gas giant Gazprom, said on Friday. “The active work is underway, with quite a bit remaining to be done,” Zubkov told reporters, as carried by …
Read More »Novatek Hits 50 mt Milestone at Yamal LNG
Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and represented the 685th …
Read More »Russia Says LNG Production Capacity could Jump Threefold by 2035
Russia’s government approved on Monday the country’s long-term development program for liquefied natural gas (LNG), expecting production capacity to rise threefold from current levels to 140 million tons per year by 2035. “The program is based on a comprehensive approach, aimed at diversification of gas supply sources and first of …
Read More »Switch to LNG Threatens Renewable Energy Development in Asia
A concerted effort by the US gas industry to push LNG on to developing Asian nations is jeopardizing renewable-energy investment across the continent. General Electric (GE) has been working to persuade Bangladesh to buy its LNG power technology. And Vietnam’s new draft long-term energy plan’s increased focus on liquefied natural …
Read More »European Natural Gas Is a Long Way from Tackling Methane Leaks
Most of Europe’s natural gas industry has announced an ambition to become climate neutral by mid-century at the latest. But a study shows how difficult it will be to turn the goals into reality. A survey of companies revealed none could definitively measure their methane emissions, relying instead on estimates, …
Read More »Qatar tightens Global Gas Market Grip with Bold Expansion Moves
Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further. As competitors struggle to break even due to lower prices, the Qatari firm last …
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