Gas

Australia exported a record 30.7 million tonnes of LNG to China, worth an estimated A$15.6 billion, EnergyQuest said in its latest report released today. Deliveries from Australia were up 7.3% from the previous record of 28.6 million tonnes posted in the full year ending June 2020, according to import statistics. …

The construction of Russia’s first bunkering barge named “Dmitry Mendeleyev” after the great Russian chemist has been completed, Gazprom neft has announced. The vessel is to embark on its maiden voyage to the Baltic shortly. The company intends to start deploying the barge to supply LNG to cargo and passenger …

Russian state-run energy giant Gazprom has increased gas supplies to Western Europe in the first six months of the year by 28.52% compared to the same period last year. The company’s gas exports to Europe amounted to some 77.235 billion cubic meters by June 2021, Gazprom said on Friday. Gas …

U.S. Secretary of State Antony Blinken on Aug. 10 appointed former diplomat Amos Hochstein as a senior advisor for energy security to work on the fallout from the Russia-backed Nord Stream 2 pipeline, among other energy issues, according to a statement by the State Department. The United States last month …

Russian private natural gas producer and exporter Novatek is looking to sell LNG to Vietnam, it said, as it announced August 10 that it has opened an office in the capital Hanoi. The office will support its expansion into the global gas markets and provide continuous support for the its …

Qatar is among six LNG exporting markets that have achieved utilisation rates of more than 90% liquefaction capacity in 2020, according to the International Gas Union (IGU). Global liquefaction capacity reached 452.9mn tonnes per year (mtpy) at the end of 2020 and the utilisation rate was 74.6% on average compared …

The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat homes, was abundant and cheap during much of the last decade amid a boom in …

Natural gas could become a pillar of emissions reduction both in the near and long term, IHS Markit said in a new study this week. While many analysts and net-zero advocates have started to question the role of natural gas in global emissions reductions, IHS Markit has a different view. …

In H1 2021, natural gas became Germany’s main source of energy for the 1st time ever, according to AGEB energy industry think tank. From January to June, German primary energy consumption gained 4.3% year-on-year, amounted to 6191 petajoules. Natural gas use increased by 15.6% year-on-year. The main reason for this …

Recovering LNG demand, buoyed by China’s record-high LNG imports and low storage levels in Europe will combine to make 2021 a “remarkable year for LNG shipping”, according to a Drewry Maritime Research senior lead analyst Aman Sud. “LNG shipping rates, which started the year on a high are expected to …