Gas

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 …

Turkey ranked third in the world after China and India with an annual growth of 1.3 million tonnes in LNG imports in 2020, according to the latest report of the International Group of Liquefied Natural Gas Importers (GIIGNL). China ranked first with imports of 7.2 million tonnes last year followed …

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 …

As far as Germany is concerned, the Nord Stream 2 gas pipeline under construction makes sense in terms of energy security and it is unrealistic to view it as a lever of influence on Russia, German Foreign Minister Heiko Maas says in an interview posted Monday on the German news …

Russia’s project to export liquefied natural gas (LNG) from the resource-rich Arctic region, Arctic LNG 2, is 39% complete and will be launched as planned, gas producer Novatek has announced. The CEO of Russia’s biggest independent energy company, Leonid Mikhelson, revealed on Friday how construction of the project had progressed. …

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 …

Head of Germany’ European People’s Party (EPP) Manfred Weber has urged to put to a halt the construction of Russia’s Nord Stream 2 gas pipeline if situation near the borders of Ukraine further aggravates. Thus, the European Union should send an “unequivocal message” to Moscow, the legislator told Redaktionsnetzwerk Deutschland …

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 …

Driven by political motives, the liquefied natural gas (LNG) competition will continue in the European Union. Russia, as one of the major players, will have to battle for its share of the gas market in Europe against the influx of the U.S.’ LNG and tougher competition in general, according to …

The United States warned Germany Monday that it is not willing to compromise on the dispute over the Nord Stream 2 gas pipeline project, which will carry Russian gas to Europe, German media reported. Washington’s new administration is “determined to use all available levers to prevent the completion of Nord …