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2019, February, 13, 12:00:00
U.S. LNG FOR EUROPE
PLATTS - Europe is likely to be a prime destination for US LNG cargoes well into the next decade as shipping costs make Europe preferable to Asia as a destination for US exporters, Massimo Mantovani, head of gas and LNG marketing at Italy's Eni, said Monday.
2019, February, 13, 11:50:00
IMPORTANT EUROPE'S NUCLEAR
WNN - Nuclear energy can help the European Union achieve a sustainable and low-carbon future while providing people with reliable and affordable electricity, Foratom - the European nuclear trade body - says in a new position paper.
2019, February, 13, 11:45:00
INDIA'S ENERGY SECURITY
PLATTS - "We have taken several measures to overhaul the hydrocarbon policy framework to ensure energy security for the country, while pursuing the green path to progress," petroleum minister Dharmendra Pradhan said.
2019, February, 13, 11:40:00
INDIA'S NUCLEAR NOT ENOUGH
WNN - A lack of available domestically produced nuclear fuel and delays in constructing and commissioning nuclear power plants, including first-of-a-kind plants and the Prototype Fast Breeder Reactor (PFBR), meant that India failed to meet its nuclear generation targets under the governmental plans over the decade to 2017.
2019, February, 13, 11:35:00
NETHERLANDS GDP UP 2.6%
IMF - The Dutch economy has performed very well in recent years. Growth is estimated at 2.6 percent in the 2018, owing to strong domestic demand and robust net exports.
2019, February, 11, 10:40:00
OIL PRICE: NEAR $62 YET
REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $52.09 per barrel at 0347 GMT, down 63 cents, or 1.2 percent, from their last settlement. International Brent crude oil futures were down 49 cents, or 0.8 percent, at $61.61 a barrel.
2019, February, 11, 10:35:00
RUSSIA SANCTIONS ISN'T OBSTACLE
PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.
2019, February, 11, 10:30:00
NORD STREAM 2 CONTROL
REUTERS - Nord Stream 2 has divided the EU, with German opposition to the new draft rules stalling discussions since it was proposed by the EU executive in November 2017.
2019, February, 11, 10:25:00
NORD STREAM 2 RISKS
REUTERS - The pipeline project, which is majority owned by Russian energy giant Gazprom, plans to tap lenders this year, a spokesman for Nord Stream 2 told Reuters. He did not comment on the risk of new sanctions.
2019, February, 11, 10:20:00
RUSSIA'S RATING BAA3
REUTERS - Global ratings agency Moody’s Investor Service raised Russia’s rating to investment grade on Friday, saying the policies enacted in recent years will strengthen the country’s already robust public finances.