Gas

Despite challenging operating conditions. Yamal LNG was delivered on time and on budget.

CNPC recently completed construction of a fourth string on its key Shaanxi-Beijing gas pipeline system.

Greece would be the third European country to begin importing American LNG. after Poland and Lithuania.

The dilemma facing the NDRC is how to ensure sufficient natural gas without boosting prices too high to start causing economic pain to consumers.

Pakistan has fallen short of constructing the 700-kilometer part of the pipeline on its territory.

Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.

Turkmenistan has no access to open seas and its shipment of gas to international markets has to go through the neighbors.

The field holds an estimated 51 trillion cubic meters of gas and some 50 billion barrels of gas condensate.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

Projections of LNG demand reveal growth of over 3%-5% per year until 2030.