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2020, May, 20, 11:45:00
U.S. ECONOMY WILL DOWN BY 37%
the U.S. economy would contract at a 37.7% annual rate in the second quarter, but expand at a 21.5% pace in the July-September period.
2020, May, 20, 11:35:00
GAS DEMAND WILL DROP 2%
Global gas demand to total close to 3,878 billion cubic meters (Bcm) in 2020, down from 3,951 Bcm last year. In its pre-Covid-19 estimates, this year’s natural gas demand was expected to grow to 4,038 Bcm.
2020, May, 20, 11:30:00
ASIA'S LNG CLOSING
Asia's projects were meant to usher in the next wave of LNG demand, based off economic growth and electricity demand projections in the pre-COVID 19 era.
2020, May, 20, 11:25:00
GLOBAL WEAKNESS OF LNG
LNG developers have started relooking at their strategies and capex plans for 2020.
2020, May, 20, 11:20:00
RUSSIA, POLAND: NO GAS TRANSIT
Gazprom will not renew a gas transit deal with Poland, which expires in May 2020.
2020, May, 20, 11:15:00
U.S. URANIUM PRODUCTION DOWN
The USA produced a total of 0.17 million pounds U3O8 (65.4 tU) of uranium concentrate from all domestic sources in 2019, according to a newly published annual report from the US Energy Information Administration (EIA). This was 89% less than in 2018.
2020, May, 20, 11:10:00
STEEL, HYDROGEN, RENEWABLE OPPORTUNITIES
The iron and steel sector produces coils, bars, wire, cast iron and other products. The largest share of energy use in this industry is for crude steel making.
2020, May, 20, 11:05:00
THE NEW NIGERIA'S LNG
Nigeria LNG took a major step forward by signing the EPC contract for its Train 7
2020, May, 19, 12:05:00
OIL PRICE: NEAR $35
Brent climbed 25 cents, or 0.7%, to $35.06 a barrel, WTI was up 43 cents, or 1.4%, at $32.25 a barrel
