Gas

Pakistani Federal Minister for Power Omar Ayub Khan. in a meeting with Iranian Ambassador to Islamabad Mehdi Honardoust. voiced his country’s determination to further increase energy cooperation with Tehran.

The new research suggests there are only under 10 years worth of gas supply at the current rate of consumption instead of 50 years.

The new gas pipeline will double the capacity of the first Nord Stream. the route of which it will basically repeat.

Researchers at Cornell University believe rising levels of the potent greenhouse gas are linked to emissions from the shale oil and natural gas industry.

Its export capacity increased from 2.6bn cubic feet per day (Bcf d) in 2011 to more than 11.4Bcf d this year.

The Australian Energy Market Operator (AEMO) has today announced the successful launch of the Capacity Trading Platform (CTP) and Day Ahead Auction (DAA) market mechanisms. delivering improved trading capabilities.

US LNG export capacity is rapidly coming onstream.

Growing LNG-capacities in Europe will be a constraint for Turkey in its path to dictate terms to the EU as a regional gas hub.

Gas has been one of the headwinds impacting earnings for the majors.