Gas

The likely impact of Russia-Ukraine tensions on energy supplies has led Japan to consider diverting its liquefied natural gas (LNG) reserves to Europe. “Japan plans to provide part of its LNG reserves to Europe as simmering tensions between Russia and the West over Ukraine undermine energy security in the region,” …

Rising geopolitical tensions in the past few months have contributed to the already tight European natural gas market and prompted the search for additional supplies, Fitch Ratings said in a statement Monday. Intensified geopolitical tensions may have delayed Gazprom’s Nord Stream 2 pipeline that will carry gas from Russia to …

Europe’s natural gas demand is set to decline this year as buyers begin to favor lower-priced coal, the International Energy Agency said in the latest edition of its quarterly gas market report. According to the IEA, gas demand on the continent is seen declining by 4% this year, after rising …

Gazprom and China National Petroleum Corporation (CNPC) have signed a new deal under which the Russian gas giant will deliver natural gas to China via the Far Eastern route, Gazprom said on Friday as China and Russia are strengthening their energy cooperation. Gazprom and CNPC signed a long-term Sales and …

The occupancy rate in Europe’s natural gas storage facilities fell to 37.5% in January 2021 from 52% in January 2022, according to data from Gas Infrastructure Europe. In January 2021, there were approximately 60 billion cubic meters of gas in all of the natural gas storages across Europe, and the …

Japan, a key importer of liquefied natural gas (LNG), will consider ways it can help the international community in the event of the Ukraine crisis disrupting supplies, Industry Minister Koichi Hagiuda said on Friday. He declined to confirm media reports that the United States had asked Japan if it could …

The U.S. and its European allies have approached several major natural-gas importers in Asia, including China, about sending their fuel to Europe if a conflict over Ukraine erupts, according to people familiar with the matter. President Joe Biden’s administration has spoken to officials in Japan, South Korea and India as …

Energy-rich countries from Qatar to Azerbaijan have all pledged emergency gas supplies to Europe, but the region is quickly figuring out it can’t replace top supplier Russia. Ongoing tensions over Ukraine and the threat of a potential conflict interrupting energy flows to Europe have overshadowed the continent’s gas market in …

Global gas markets are painting distinctly different pictures this week as supply uncertainty in Asia supports prices, but European markets are starting to see downside potential on the horizon. Mild weather in Europe and frigid forecasts for the US will drive price behavior in the coming days. Milder temperature forecasts …

Gas flows from Poland to Germany via the Russian Yamal-Europe pipeline resumed on Wednesday morning after it had been switched in a reverse mode in December, data from German network operator Gascade showed. Westbound gas flows were expected to resume after Gazprom booked transit capacity on Tuesday, restoring the normal …