China’s rising imports of liquefied natural gas (LNG) position it to surpass Japan this year as the world’s largest buyer of the superchilled fuel, pricing data and cargo tracking firm ICIS Edge said on Wednesday. The shift – which some analysts had not expected until 2022 – could happen very …
Read More »The US Leads Global LNG Liquefaction Capacity Additions by 2025
GlobalData’s latest report, ‘Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals, 2021–2025 – North America Dominates Global Capacity Additions and Capex Spending,’ indicates that global liquefied natural gas (LNG) liquefaction capacity is expected to grow by 70% over the next four years, from 460 million tonnes per annum …
Read More »Oman LNG and Shell Join in on Carbon-Neutral LNG
State-owned Oman LNG has signed an agreement with Royal Dutch Shell to deliver the Middle East’s first shipment of carbon-neutral LNG. The carbon-neutral LNG cargo will be delivered from the terminal in Qalhat near Sur, in the Ash Sharqiyah Region of northeastern Oman. Oman LNG explains that nature-based projects aim …
Read More »Turkey Expected to Unveil New Natural Gas Discovery in Black Sea
Turkey has discovered further deposits of natural gas in the Black Sea, according to people familiar with the matter, and is likely to make an announcement soon. Initial data from the offshore Amasra-1 well show a significant amount of newly discovered gas, the people said, asking not to be identified …
Read More »Russia Says Nord Stream 2 Testing Work to Start Next Week
Testing work on Russia’s Nord Stream 2 gas pipeline to Germany will start next week, Alexander Drozdenko, governor of the Leningrad region where the pipeline starts, was cited as saying by the TASS news agency on Wednesday. The United States last month waived sanctions on the company behind the pipeline …
Read More »Moscow does not Seek Suspending Gas Transit via Ukraine after Nord Stream 2 Launch
Russian gas supplies through Ukraine will continue as long as relevant contracts are in force, as Moscow does not pursue the goal of suspending the supplies after commissioning the Nord Stream 2 pipeline, Russian Foreign Ministry’s Department of Economic Cooperation Director Dmitry Birichevsky said in an interview with Sputnik. “The …
Read More »US Weekly LNG Exports Decrease Week on Week
According to the EIA’s latest Short-Term Energy Outlook, U.S. LNG exports decreased for the period between 20 May and 26 May 2021. This reflects lower feed gas deliveries into LNG liquefaction facilities the prior week. Eighteen LNG ships departed the United States in this period. Seven were from Sabine Pass, …
Read More »Russia Defends Nord Stream Gas Pipeline against US
The Russian gas supplied to Europe through the Nord Stream 2 gas pipeline has a carbon footprint four times lower than that delivered by US companies, Russian Deputy Prime Minister Alexander Novak said on Friday. According to several analytical and consulting agencies, the reason is determined because most of the …
Read More »Russian Gas Production Is Eco-Friendly
Natural gas production in Russia is eco-friendly and the best available technologies are used for its production and transport, Russian Deputy Prime Minister Victoria Abramchenko told reporters on Friday. “The best available technologies are used in production and transport of our gas. This is indeed eco-efficient production,” she said. Russian …
Read More »Germany’s Looming Power Supply Gap Will Likely Be Filled by Gas
Germany’s plans to phase out coal and nuclear power will leave a large gap in supplies of electricity that’s likely to be filled by natural gas. Germany will need to add about 18 gigawatts or 60% more gas-fired capacity to plug the hole left from shutting its six remaining nuclear …
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