Gas

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …