Gas

Greece and Egypt have signed a memorandum to expand cooperation in the LNG sector and consider building a gas pipeline between them, the Greek energy ministry reported on November 25. Egyptian gas production has soared in recent years on the back of the development of the Zohr field and other …

Germany’s new government will have to “take another look” at the controversial Nord Stream 2 gas pipeline because it’s a “strategic project” aimed at putting Ukraine under pressure, the incoming German vice-chancellor has claimed. Speaking to Munich-based daily Süddeutsche Zeitung, Robert Habeck explained his belief that the pipeline was “never …

European natural gas futures rose on Tuesday after the U.S. imposed its latest sanctions aimed at Russia’s Nord Stream 2 pipeline, a move the Kremlin says is “illegal.” Crude’s rise, in response to plans by the U.S. and other oil-consuming nations to tap their strategic reserves, also gave natural gas …

Russia on Tuesday said further sanctions imposed by the United States related to the Nord Stream 2 gas pipeline were “illegal and wrong,” especially at a time when Moscow and Washington are attempting to rebuild a dialogue. The United States has imposed further sanctions in connection with the Nord Stream …

A US$12 billion (S$16 billion) liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal. The development of the Scarborough field, Pluto onshore processing facility and a 430km subsea pipeline led by Woodside Petroleum …

In a telephone conversation the Russian President and the Italian Prime Minister gave positive assessment to Russian-Italian relations, their constructive and mutually beneficial character, the Kremlin press service said in a statement MOSCOW, November 22. /TASS/. In a telephone conversation with Italian Prime Minister Mario Draghi, President Vladimir Putin confirmed …

Head of the National Iranian Gas Company (NIGC)’s Production Coordination and Supervision Management Ahmad Zamani said the consumption of natural gas in the country has exceeded the current production level, Shana reported. Speaking to the national TV on Monday, Zamani called on various sectors to manage their consumption during the …

Further investments in environment-friendly natural gas are essential to achieve energy equality for all parts of the world in a sustainable manner. This is of particular significance as the global economy moves from under the shadow of the coronavirus pandemic, which has resulted in shortage of gas in Europe and …

Asia is stocking up on liquefied natural gas (LNG) to avoid a repeat of last winter’s crunch when colder than usual temperatures sent 2020/2021 winter spot LNG prices to records. Now prices are even higher, but many Asian buyers are still on the spot market despite the expensive gas in …

LNG storage and reload activity is picking up in Southeast Asia, with at least two terminal operators offering third-party access to existing and proposed facilities. Petronas wants to add a new tank solely for storage and reload purposes at its Pengerang regasification terminal in Johor, Malaysia, and is seeking market …