Texas is pumping natural gas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lone Star State because natural gas demand is growing both globally and at home. Texas produced 34.1 billion cu ft daily of …
Read More »China’s Gas Firms Want Power Sector to Prop up Demand
As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver going forward, sources involved in advising on energy policy have told Bloomberg. China’s gas demand growth has weakened in recent …
Read More »Iran Starts Gas Production from another Infill Well
Iran has started gas production from another infill well in its section of South Pars, the world’s largest gas field, which straddles the maritime border between the country and Qatar in the Persian Gulf. The Iranian company Petropars, which is in charge of operations in Phase 1 of South Pars, …
Read More »Russian Gazprom Increases Gas Flow to Europe through Last Remaining Pipeline
Russian gas monopoly Gazprom increased its gas supplies to Europe via the TurkStream pipeline in May by 10.3% compared to April, from 41.7 million to 46 million cubic meters per day, Reuters reported on June 2. After the cessation of supplies through the Yamal-Europe pipeline and Nord Stream, and the …
Read More »Turkey’s First Floating Gas Platform Reaches Black Sea Port
Turkey’s first floating natural gas production platform, Osman Gazi, arrived Saturday at Filyos Port in Zonguldak on Turkey’s Black Sea coast. The massive platform was sent off from the Presidential Dolmabahce Office in Istanbul on May 29 — the 572nd anniversary of Istanbul’s conquest — in a ceremony attended by …
Read More »Europe’s Natural Gas Prices Rise on Supply Outage in Norway
Europe’s benchmark natural gas prices rose early on Monday following an unplanned cut to capacity of the giant Troll gas field in Norway, the single largest supplier of gas to Europe. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, jumped by 2.2% at trade open in Amsterdam …
Read More »Canada’s Atlantic LNG Dreams just Got Pricier
As the U.S. tariff threats have prompted Canada to seek alternative export markets for its oil and gas, even the province of Quebec in eastern Canada—which ditched an LNG export plan four years ago—is entertaining the idea once again. While an LNG project on Canada’s West Coast is close to …
Read More »Qatar Plans Major Boost in LNG, Petrochemicals by 2027
Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, underlined the continued importance of natural gas in the global energy mix during a leadership dialogue at the World Gas Conference (WGC) in Beijing, Trend reports. Speaking at the event, Minister Al-Kaabi said that economic …
Read More »Turkey’s New $30 bln Gas Discovery Strengthens its Geopolitical Importance
On Saturday, President Recep Tayyip Erdogan announced the find, which was made during recent exploration efforts in the Black Sea. The Goktepe-3 well is located 69 kilometers (42.8 miles) west of the Sakarya Gas Field and 165 kilometers (102 miles) from the shore. The discovery was made at a depth …
Read More »Egypt is Scrambling for Cheap Oil and LNG as its Energy Crisis Deepens
Egypt is once again facing a resurgence of natural gas shortages, drawing headlines as the country enters the peak summer season. With soaring temperatures above 40°C expected in the coming months, electricity demand—driven largely by air conditioning—is putting intense pressure on the national grid. In response, the Cairo government is …
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