Tag Archives: Natural Gas

Producers in the Middle East. most of which are OPEC members. have supplies that are relatively less expensive to produce.

BP completed seven major projects this year. in Egypt. Trinidad and Tobago. Oman. Australia and in the North Sea.

GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.

The Yamal project is an important step in Moscow’s efforts to build ties to China.

The Asian spot LNG curve. however. is in backwardation. meaning future prices are lower than prompt market levels.

CNPC recently completed construction of a fourth string on its key Shaanxi-Beijing gas pipeline system.

The country consumes 1.4 million barrels of oil per day.

The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.

In September. Reuters and The Washington Post both reported that Russia was helping North Korea avoid U.S. sanctions and providing the country with fuel.

Russian pipe companies are also introducing pipes. associated equipment and structural materials for natural gas liquefaction and offshore development projects.