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EU power: from overcapacity to scarcity?

Europe has plenty of power generation capacity, but the phase-out of coal and nuclear plants could lead to electricity shortages by 2022.

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Asia to lead gas demand growth to 2024 – IEA

The industrial sector will be the main driver of gas demand growth over the coming years, with most of this originating in Asia.

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Novatek’s China foray aims to unlock long-term demand

The Russian independent wants to find more Chinese customers for its LNG as part of efforts to build a presence in the downstream end of the world’s fastest-growing gas market.

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Kogas accelerates roll-out of LNG-produced hydrogen

The LNG importer is pushing ahead with efforts to produce and import hydrogen as part of South Korea’s long-term plan to transition away from nuclear and coal and become a fully-fledged hydrogen...

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Interconnector delay returns Moldova to Gazprom’s grip

The Romania-Moldova Interconnector will not be ready until at least August 2020, six months after the expiry date of Moldovagaz’s supply contract with Gazprom.

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Asian spot LNG prices drop by 5.33%

Buyers in Japan, China, South Korea and Taiwan paid an average of $4.26/MMBtu for LNG last week

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Chinese ex-works LNG prices fall as demand softens

Demand for LNG in China eased in the run-up to last Friday’s public holiday, prompting price cuts.

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CNOOC’s Tianjin terminal keeps top spot for trucked LNG

The facility was China’s biggest-selling terminal for the seventh week running last week

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Spanish piped gas supplies see strong declines

Exports from North Africa via the Maghreb-Europe and Medgaz pipelines fell significantly last week.

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Coal facing financing crunch in Southeast Asia

Major financiers are beginning to think twice about financing coal-fired power projects in the region, with governments looking to gas and renewables instead.

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Headwinds for EU renewables growth as subsidies fall

A recent report by the EU Court of Auditors – the guardian of the EU budget – has cast further doubts over the EU’s prospects for meeting its 2020 and 2030 renewable targets.

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State meddling threatens competition in Mexico

The head of Mexican regulator the CRE resigned earlier this month, increasing concern within the industry about regulatory insecurity.

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Queensland LNG projects hit by royalty hike

In an effort to maintain state revenue as royalty payments from the coal industry decline, Queensland is targeting petroleum with a surprise new increase the sector says threatens investment and jobs.

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US hauls Israel and Lebanon to negotiating table

A diplomatic breakthrough could lead to Israel and Lebanon negotiating over disputed offshore oil and gas blocks.

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Bosnia to be next battleground for CEE energy

Serbia is planning to extend the TurkStream pipeline across the north of Bosnia & Herzegovina, but Croatia is also building an interconnector in the south of the country.

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China’s giants pull back from inland terminals

Independents and local government-owned companies will lead the development of two of China’s earliest inland LNG terminals, something that could be the start of an industry trend.

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PGNiG positions itself as LNG trader after US deals

The Polish company has signed major new supply agreements for US and Qatari LNG cargoes that may enable it to start re-exporting the fuel after 2023.

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Angola to build new LNG facilities

Angola looks set to build new LNG infrastructure as part of a pact signed with a US private equity fund, yet it still has much to do to develop a domestic market for gas

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ENN faces fight to promote LNG bunkering in China

ENN will be able to offer LNG bunkering next year after it takes delivery of China’s first seagoing LNG bunker vessel, but uptake of the fuel in Chinese shipping is far from guaranteed.

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Russia and Ukraine prepare for transit talks in September

A planned meeting between Russian and Ukrainian representatives in Brussels in mid-September may be the last chance for the European Commission to broker a long-term transit deal before the current...

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