According to the EIA’s latest Short-Term Energy Outlook, U.S. LNG exports decreased for the period between 20 May and 26 May 2021. This reflects lower feed gas deliveries into LNG liquefaction facilities the prior week. Eighteen LNG ships departed the United States in this period. Seven were from Sabine Pass, …
Read More »Russia Defends Nord Stream Gas Pipeline against US
The Russian gas supplied to Europe through the Nord Stream 2 gas pipeline has a carbon footprint four times lower than that delivered by US companies, Russian Deputy Prime Minister Alexander Novak said on Friday. According to several analytical and consulting agencies, the reason is determined because most of the …
Read More »Russian Gas Production Is Eco-Friendly
Natural gas production in Russia is eco-friendly and the best available technologies are used for its production and transport, Russian Deputy Prime Minister Victoria Abramchenko told reporters on Friday. “The best available technologies are used in production and transport of our gas. This is indeed eco-efficient production,” she said. Russian …
Read More »Germany’s Looming Power Supply Gap Will Likely Be Filled by Gas
Germany’s plans to phase out coal and nuclear power will leave a large gap in supplies of electricity that’s likely to be filled by natural gas. Germany will need to add about 18 gigawatts or 60% more gas-fired capacity to plug the hole left from shutting its six remaining nuclear …
Read More »Turkey Signals New Natural Gas Discovery in Black Sea
Turkey will conduct new drillings in areas in the Eastern Mediterranean where it sees signs of natural gas, Energy and Natural Resources Minister Fatih Dönmez said Monday. “We think there is potential in the wells we have drilled,” Dönmez told the private broadcaster, A Haber. The minister also signaled new …
Read More »Qatar LNG Production Struggling to Keep Market Share Amid Transition
The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market. Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the …
Read More »US Imposes Nord Stream 2-Related Sanctions against Three Russian Legal Entities
The US Department of the Treasury has imposed sanctions against three Russian legal entities that Washington suggests are involved in construction of the Nord Stream 2 gas pipeline, according to a statement released on Friday. The entities added to the sanctions list include the Federal State Budgetary Institution Marine Rescue …
Read More »German Lawmaker Calls for ‘Countersanctions’ against US over Nord Stream 2
On Wednesday, US State Department Principal Deputy Spokesperson Jalina Porter signalled the Biden administration’s readiness to use all available tools to try and prevent the completion of Russia’s Nord Stream 2 gas-exporting pipeline. A German lawmaker has urged Berlin to initiate countermeasures against the US over the Nord Stream 2 …
Read More »US Becomes Main LNG Supplier to European Market in Q1 of 2021
The United States became the first largest supplier of liquefied natural gas (LNG) to the European market in the first quarter of 2021, overtaking Qatar, according to the latest report by Russia’s energy giant Gazprom published on Monday. “Thanks to a significant increase in associated gas production and the construction …
Read More »EU Reassessing Role of Natural Gas in Green Finance Rules
The European Union’s landmark rules to classify green investments may need to accommodate natural gas, the European Commission said on Monday, as Brussels weighs a politically fraught decision on how to treat the fossil fuel. The Commission last month published its “sustainable finance taxonomy”, a list of economic activities that …
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