Natural gas exports from Iran to Turkey were halted early on Tuesday after an explosion and fire at a pipeline just inside the Turkish border, an official at Turkey’s energy ministry has said. The official said that “all necessary efforts” were underway to manage the situation, but that currently it …
Read More »Yamal LNG Is on Its Way Back to Norway
The almost 200 meter long «Vladimir Vize» is one of 15 top ice-class carriers that over the last 2,5 years have shuttled to Sabetta to pick up liquified natural gas from the Novatek’s major Arctic plant. On that same day, tanker «Yamal Spirit» set out from Rotterdam. Also this ship …
Read More »Iran to Continue Development of Joint Oil & Gas Fields in New Year
Iran will go ahead with implementation of important oil projects including development of joint oil and gas fields in the new Iranian year started on March 20, NIOC official said on Wednesday. Karim Zobeydi, an official at National Iranian Oil Company (NIOC) told IRNA on Wednesday that implementation of oil …
Read More »Russia’s Move in European Gas Markets
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Russia’s gas giant Gazprom, the single largest supplier of natural gas to Europe, has watched with apprehension the growing volumes …
Read More »Poland to Supply US Gas to Ukraine
Poland will transport 6 to 8 billion cubic meters of American liquefied natural gas (LNG) per year to Ukraine in a deal that will help reduce Ukraine’s dependence on Russian gas. The deal should begin delivering the required natural gas in two to three years but much depends on the …
Read More »Gas Prices will Remain Low over the Next Two Years
Fitch Ratings has trimmed its natural gas price forecasts both for the U.S. and European benchmarks on the back of “very large” market oversupply, Kallanish Energy reports. “Current prices in Europe and Asia rarely cover the half-cycle cash costs – that include variable operating costs and transport to Europe – …
Read More »CNG Fuels Opens Two Green Biomethane Stations to Serve HGVs
The two stations are expected to serve more than 2,000 HGVs each day as consumers increasingly opt for the low carbon alternative to diesel.
Read More »How Plummeting Oil Prices Can Help Russian Gas Stop US LNG Invasion of Europe
The Trump administration made an exhaustive effort to try to wean Europe off of inexpensive, dependable Russian gas exports in recent years, pushing Brussels into a commitment to build new terminals for US liquefied natural gas (LNG) and, recently, trying to sabotage the construction of Nord Stream 2. Unfortunately, now …
Read More »US to Become the ‘World’s Leading LNG Exporter by 2025’
The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …
Read More »MOGPC Launches Gas Sweetening Plant
The first phase of a gas sweetening project has been launced at No. 3 Complex of Maroon Oil and Gas Production Company (MOGPC).
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