Russia has offered Pakistan liquefied natural gas (LNG) supplies, Foreign Minister Sergey Lavov has revealed, as the South Asian nation is facing more gas shortages in the near future. The two countries discussed deepening bilateral ties, including in energy and trade, earlier this week when Lavrov met his Pakistani counterpart, …
Read More »LNG Demand may Fall Post 2040 Due to Global GHG Emissions Policies
Cheniere Energy expects LNG demand to increase until 2040, though it may decline beyond that due to continued global action to reduce greenhouse gas emissions, presenting risks for existing US liquefaction terminal operators and project developers, the company said April 9. The conclusions were issued in a report assessing the …
Read More »The World’s Top LNG Buyers are already Preparing for next Winter
North Asia’s liquefied natural gas importers are making earlier-than-usual moves to stock up ahead of the winter, after they were caught flat-footed this year by a sudden cold blast that sent spot rates skyrocketing to a record. China’s Sinopec purchased at least 35 cargoes for delivery between June and February …
Read More »Iraqi Official Hopes to Import more Gas from Iran
A spokesman for the Iraqi Ministry of Electricity has expressed hope that the Iranian authorities would supply gas needed for Iraqi power plants. In the meantime, the United States has granted Iraq the maximum extension to a sanctions waiver, allowing Baghdad to import electricity and gas from Tehran. “Baghdad is …
Read More »U.S. LNG Export Bonanza Reshapes Energy Map in Asia
U.S. exports of liquefied natural gas (LNG) to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID-19 pandemic, Eikon trade data shows. As with the ramp-up of U.S. oil exports that …
Read More »Russian Pipelayer Headed for Danish Waters to Join Nord Stream 2 Operation
A second Russian pipelaying vessel is now headed for Danish waters to join the operation to lay the almost-complete Nord Stream 2 gas pipeline from Russia to Germany, the pipeline development company said March 31. The Adakemik Cherskiy — which has dynamic positioning capabilities allowing for accelerated pipelaying — will …
Read More »Iraq Seeks more Gas Supplies from Iran
Ahmed al-Ebadi, a spokesman for Iraqi Ministry of Energy, said on Tuesday that his country is looking forward to receiving more gas from Iran. Al-Ebadi told Iraq’s NAS News that Iraq’s debt to Iran is ready to be delivered to Iran. Iran claims that Iraq’s debt to the country for …
Read More »Iran Yearly Gas Output up 6%
The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6% increase in Iran’s annual sweet gas production. “Fortunately, despite the embargos imposed on the country and obstacles caused by the coronavirus outbreak, growth and development did not stop in Iran and we continue to …
Read More »Nord Stream 2 Construction to Be Completed In 2021
The controversial Nord Stream 2 natural gas pipeline project will definitely be completed this year, Viktor Zubkov, chairman of the board of directors of Russia’s gas giant Gazprom, said on Friday. “The active work is underway, with quite a bit remaining to be done,” Zubkov told reporters, as carried by …
Read More »Novatek Hits 50 mt Milestone at Yamal LNG
Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and represented the 685th …
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