Gas

S. Korean Shipbuilders Lead LPG Carrier Bonanza

South Korean shipbuilders are enjoying a booming liquefied petroleum gas (LPG) ship market, snapping up a significant number of new orders placed this year, industry data showed Sunday. South Korean builders have won 31 LPG carriers out of 44 ordered so far this year, accounting for about 70 percent of …

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Covid Lockdowns in India and Japan Slow LNG Momentum

Just as liquefied natural gas (LNG) spot markets in the Asia Pacific were gaining momentum, headwinds from the Covid-19 pandemic are again causing problems for suppliers of the super-cooled fuel. The trouble for markets comes with the dramatic coronavirus surge in India. It has a knock-on effect of curbing power …

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EU Parliament Mulls Block on Nord Stream 2 Gas Pipeline & Banning Russia from SWIFT System, despite Leaders’ Calls for Dialogue

A group of EU lawmakers have drafted a resolution that would impose new sanctions on Russia and scupper a Moscow-backed Baltic Sea pipeline, ignoring recent calls from the bloc’s top politicians for more constructive relations. The motion, put forward by representatives of some of the assembly’s largest political groupings, says …

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China Interested in more Gas Supplies from Russia

The Chinese economy largely needs an increase in natural gas supplies from Russia, Chairman of the Board of Directors of Gazprom Viktor Zubkov told TASS on Wednesday, adding that the Russian gas producer is ready to satisfy that ever-growing demand. “Consumption on the Chinese gas market increases every two years …

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96% of Iran’s Population Enjoy Natural Gas

The managing director of National Iranian Gas Company (NIGC) said that 96 percent of the country’s population enjoy natural gas at the present. Emphasizing the need to pay attention to the stability of the network, the creation and use of processes, Hasan Montazer Torbati said: “Iran’s 96 percent of population …

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