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).
Read More »Last Platform of SP Phase 13 Installed on Offshore Spot
Platform 13C, the fourth and the last platform of phase 13 of Iran’s South Pars gas field’s development project was installed on its designated offshore spot on Saturday evening.
Read More »South Pars Phase 13 Final Platform Installed
The platform had a 98% physical progress after completion of construction operations at SADRA Iran Marine Industrial Company industrial yard.
Read More »South Pars Gas Output Increases by 14mcm d
The last offshore platform of South Pars Gas Field phases 22-24 has become operational. increasing the giant reservoir’s production by 14 million cubic meters per day.
Read More »Saudi`s $100 Billion Shale Plan
Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
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