Gas

The European market is fairly balanced, with prices and renewable energy generation fairly stable. The only downside is the low level of gas injection into underground storage facilities, but the season for this has only just begun. UKRAINIAN TRANSIT Gas Transport System Operator of Ukraine, or GTSOU, has accepted a …

South Korean companies are interested in implementing projects in the gas sector in Turkmenistan, this was stated by the head of the Korea-Turkmenistan Inter-Parliamentary Friendship Group Lee Dal-gon at a meeting with the President of the Supreme Council of Turkmenistan Gurbanguly Berdimuhamedov, Azernews reports, citing Turkmen media. According to Lee …

Qatar delivered 22 more cargoes in the first quarter of this year compared to the same period last year, the Gas Exporting Countries Forum (GECF) said in its April report. In March, the total number of global LNG export cargoes increased by 8% m-o-m to 551. The total number of …

Less than a month before general elections that will decide the fate of Turkish President Recep Tayyip Erdogan, the government has announced that a natural gas discovery in the Black Sea will start production and deliveries as soon as April 20, helping the country move towards energy independence. The discovery, …

Iran’s gas export rose 79 percent in terms of worth, and 10 percent in terms of amount, in 2022, the managing director of National Iranian Gas Company (NIGC) announced. Majid Chegeni also announced that the country’s gas swap experienced a 530 percent rise in terms of value, and a 358 …

Qatar “reclaimed” its position as the largest liquefied natural gas exporter in the world with 80mn tonnes of LNG exports in 2022, the Gas Exporting Countries Forum (GECF) has said in a report. Last year, Qatar was followed by Australia (79mn tonnes), the US (78mn tonnes), Russia (32mn tonnes) and …

The eyes of the world are on Sapporo, Japan this weekend as energy ministers of some of the world’s largest economies, the G7, meet to discuss global climate and energy policy. In early versions of the G7 draft publication, countries emphasized financing liquefied natural gas (LNG) exports as a supposed …

European natural gas prices slid further as weather forecasts point to warmer and windier weather, signaling lower consumption of the fuel. Benchmark futures hit a two-week low, before paring some losses, with temperatures expected to rise in the coming days after April started on a chilly note. Relatively stable storage …

European natural gas prices declined for a third session amid lackluster demand, even as uncertainty remains about the full restart of LNG terminals in France. Dutch front-month futures fell 0.9% to €44.17 a megawatt-hour after slumping 13% during the previous two sessions. The UK equivalent also edged lower. European gas …

Europe has a new benchmark for liquefied natural gas which regulators hope will disentangle the market from the kind of price surges witnessed last year. The European Union Agency for the Cooperation of Energy Regulators launched the new price gauge on Friday, indicating that LNG was trading at a discount …