Papua LNG timing in limbo as delay concerns mount
The JV partners are keen to get moving to avoid falling behind competitors, but the government has seen an opportunity to improve terms and may be willing to risk a slippage.
View ArticleEgypt explores options for boosting LNG exports
Egypt’s LNG exports are rising sharply, but the country is still some way from realising its aim of becoming a regional gas hub.
View ArticleAfrican piped gas exports at lowest level since March
North African suppliers are struggling to compete with cheap spot LNG in Europe.
View ArticleNord Stream 2 turns to ECJ despite WTO lessons
An annulment of the EU’s extended Gas Directive cannot be ruled out, but the Nord Stream 2 company may find it hard to convince the ECJ that the directive discriminates against the Gazprom-led project.
View ArticleCambodia pivots towards LNG-to-power
Drought caused outages in Cambodia's power system earlier this year, leading the country to step up its LNG-to-power plans.
View ArticleHuadian’s exit puts NOCs in shale gas driving seat
State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.
View ArticlePort Kembla JV scales up LNG import plans
To head off possible gas supply shortages, the NSW government has endorsed the two LNG import concepts planned north and south of Sydney.
View ArticleHungary and Slovakia deepen gas supply ties
The countries are planning contingency measures should Moscow and Kiev fail to reach a transit deal for this winter, but both remain determined to receive gas from Russia after 2020
View ArticleBrazil’s pre-salt supplies hit capacity constraints
Brazil is reinjecting record amounts of gas, and additional infrastructure will be required in time for an expected surge in pre-salt gas production by 2025.
View ArticleGazprom exports to Europe down by 4.7%
Low European spot prices and an increase in LNG imports have cut Gazprom’s exports to Europe, although Central European countries have boosted their offtake of Russian gas.
View ArticleNigeria to pay heavy price for gas project default
Nigeria could end up forfeiting assets for violating its contractual obligations towards a tiny gas company, one of many petroleum sector agreements it has defaulted on.
View ArticleItaly’s gas demand up by 4.3% in H1 2019
Italy’s LNG terminals benefited from cheap spot LNG in H1 2019 as pipeline imports fell.
View ArticleBrexit fears jitter EU carbon market
Prices for EU carbon allowances have fallen in recent weeks over fears of a hard Brexit and a global recession, but further gains are possible even if the UK drops out of the ETS.
View ArticleAsian spot LNG prices up for second week running
Prices closed at an average of $4.53/MMBtu on Friday and were up by nearly 7% over the week as a whole
View ArticleHigh temperatures boost LNG demand in Japan
Above-average temperatures are supporting Japanese LNG imports.
View ArticleUS weighs in on renewed China-Vietnam tensions in SCS
Energy relations between the United States and China have deteriorated further after Washington condemned Chinese exploration in disputed waters offshore Vietnam.
View ArticlePrice of Chinese domestic LNG falls by nearly 3%
Fifty-six of China’s LNG plants cut their asking prices last week, pushing the average price of domestically produced volumes down to $8.65/MMBtu
View ArticleTrucked LNG sales fall at CNOOC’s Tianjin LNG
Sales from CNOOC’s Tianjin terminal fell on a weekly basis last week, but the facility still outsold China’s other terminals.
View ArticleGas faces uphill battle in Indian power sector
India appears to be favouring coal over gas as a partner to its expanding renewable energy capacity.
View ArticleNorth African gas exports continue to slide in Week 34
A steep drop in flows via the GreenStream pipeline dragged volumes down last week, with cheap LNG continuing to provide strong competition.
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