One key theme of the 9th annual LNG Producer-Consumer Conference—held by Japan’s Ministry of Economy, Trade and Industry (METI) and the Asia Pacific Energy Research Centre (APERC) on 12th October 2020—was the role of LNG in tackling the global climate challenge. Japan is seeking opportunities to use its position as …
Read More »Russian Natural Gas Exports to Europe Recovering from Coronavirus Energy Slump
Germany has become the largest consumer of Russian gas in Europe after it increased exports of the blue fuel more than twofold in one month, fresh data from Russian customs shows. Russia pumped over 3.2 billion cubic meters of gas to its largest European trade partner in August, TASS reported, …
Read More »Qatar Books Key U.K. LNG Supply Deal as Export Push Begins
Qatar Petroleum is set to ramp up exports of liquefied natural gas to the U.K. as the Persian Gulf country seeks buyers for the output from a new project and several large supply contracts are due to expire. Qatar reserved capacity for as much as 7.2 million tons of LNG …
Read More »Iran to Recover 1bcm of Gas from Sarajeh Facility
CEO of the Iranian Central Oil Fields Company Ramin Hatami said the ICOFC had planned to produce over a billion cubic meters of gas from Sarajeh gas storage facility in winter. “A sum of 902 million cubic meters of gas was recovered from Sarajeh facility last year,” Hatami said, adding, …
Read More »Gas Market Buys Merkel and Putin Time on Nord Stream 2
Germany won’t need additional gas flows this season, giving Chancellor Angela Merkel and Russian President Vladimir Putin another reason to bide their time on the controversial Nord Stream 2 pipeline. After two warm winters and the coronavirus pandemic, demand for the fuel used for heat and power generation is sagging …
Read More »Turkey to Raise Estimates on Black Sea Discovery
Turkey is likely to raise the estimated amount of natural gas from its recent discovery in the Black Sea, Bloomberg reported on Friday, citing sources familiar with the matter. Ankara may issue a new guidance on the discovery as early as next week, Bloomberg said, after the completion of exploratory …
Read More »LNG Price Plunge Gives Unusual Boost to Gas-Based Power in India
India’s gas-based power generation this year has climbed to a level not seen in years as record low gas prices helped to make it relatively more attractive than coal in certain regions of the country, with analysts expecting the trend to continue for the rest of the year. The substantial …
Read More »U.S. Hits New Natural Gas Highs in 2019
The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019. In 2019, dry natural gas production increased by 10 per cent, reaching a record-high average of 93.1 billion cubic feet per day (Bcf/d). …
Read More »Iran’s Natural Gas Storage Rises in H1
The volume of natural gas stored in Iran’s storage facilities during the first half of the current Iranian calendar year (March 20-September 21) has increased considerably compared to the same period last year, Head of National Iranian Gas Transmission Company (NIGTC) said. According to Mehdi Jamshidi Dana, gas storage in …
Read More »Russia, US Continue to Clash over Fate of Nord Stream 2 Gas Pipeline
Russia and the US continue to clash over the future of the Nord Stream 2 gas pipeline, with Moscow hitting out at calls from Washington for the creation of a “coalition” of nations aimed at blocking completion of the project. A little over 150 km of Nord Stream 2 remains …
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