Tag Archives: Natural Gas

The U.S. has become a serious competitor to Russia in Europe.

Asia’s biggest economy has also become the second-largest importer of LNG.

For 2018. analysts predict accelerating growth in major economies and increased infrastructure spending.

India’s average monthly imports in 2017 of about 1.7 million tonnes are well still behind China’s 2.2 million tonnes.

Zohr was first auctioned back in 2012. but the discovery of the huge deposit of gas was only made in 2015.

The world’s biggest LNG producers are Qatar. Australia and Malaysia. which together meet around 60 percent of global demand.

China’s imports of liquefied natural gas in November climbed 53 per cent.

The demand for natural gas in the domestic sectors for GECF member countries will increase to 178 bcm in 2040.

Latest outlook does not fixate on any one situation and that’s no help.

The Iran-Oman gas pipeline project is expected to connect Iran’s gas reserves with Omani consumers and LNG plants.