All publications by tag «LNG»
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2016, February, 2, 18:55:00
GAZPROM WILL UP
Medvedev also downplayed an expected influx of liquefied natural gas to Europe from the United States, saying Gazprom's gas would be cheaper.
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2016, January, 26, 19:30:00
EUROPEAN LNG PROBLEM
The stress test had definitely shown that “we still need additional infrastructure, but not everywhere – we really need to target investment where it's really needed and have the projects of common interest (“PCI's”) and how Europe promotes investments should really be targeted to regions where we do need investments.”
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2016, January, 21, 19:15:00
GAZPROM & SHELL COOPERATION
Particular attention was given to the Nord Stream 2 project. The parties noted that in light of the declining European gas production, the construction of this gas pipeline was crucial for meeting the growing Russian gas demand in Europe in the future.
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2016, January, 15, 20:00:00
LNG: BIGGER NO BETTER
Global LNG output is expected to rise by a third to about 330 million metric tons annually by 2018, according to Sanford C. Bernstein & Co. Most of the new fuel will come from the U.S. and Australia, which is poised to topple Qatar as the biggest supplier. Unlike Saudi Arabia, the largest oil shipper, Qatar won’t be fighting for market share at the expense of earnings.
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2016, January, 10, 18:30:00
GLOBAL GAS CHALLENGES
“The advent of [more sellers of] LNG is another challenge of the gas market,” Adeli said and noted that the U.S. has utilised modern technologies to produce gas from shale, so that the country has been turned from a gas importer to an exporter. Australia, another OECD country with no interest in joining organisations that could be seen as cartels, is already an LNG exporter and its output is rising sharply over the coming few years.
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2016, January, 7, 20:30:00
EUROPE: MORE LNG
“Given the volumes of gas shipped to Europe, the marginal cost of additional Russian gas is low and they should be able to compete with US LNG supplies,” said Malcolm Johnson, a Guildford, England-based faculty member of The Oxford Princeton Programme, an energy training provider. “However, it is clear that in certain countries there is a desire to diversify supplies for supply security.”
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2015, December, 29, 19:40:00
EGYPT SEEKS MONEY
Egypt is obliged to pay for LNG shipments within 15 days of a shipment's unloading. Now the Egyptian authorities are looking to extend that timeframe. Egypt used to get financial support from the Gulf Cooperation Council (GCC) countries and probably will still get it. However, due to lower energy prices, the support now is more limited. Egypt buys six to eight LNG cargoes monthly, each worth $20-$25 million. It is now in arrears of $350 million for that energy, one source estimated.
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2015, December, 22, 19:50:00
AUSTRALIAN LNG HEDGING
US oil major Chevron said on Tuesday it planned to sell up to 1m metric tonnes of LNG a year to China Huadian Green Energy from 2020, ensuring 80 per cent of gas from its Gorgon and Wheatstone projects is committed in long-term contracts.
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2015, December, 17, 19:35:00
NOVATEK & SRF AGREEMENTS
OAO NOVATEK announced today the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (“SRF”).
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2015, December, 11, 19:50:00
BULGARIA & GREECE AGREED
The 180-km (110-mile) pipeline will be built by a Bulgarian-Greek joint venture that also includes Italian energy group Edison SpA.