Gas
2016, March, 29, 18:55:00
GERMAN GAS UP 35%
Germany consumed 5% more gas and its imports were 13% higher than in 2014. But the surprising statistic is that its 2015 exports of gas grew by 35% year-on-year to top 30bn m3.
2016, March, 29, 18:50:00
NORD STREAM: THE PERFECT OPPORTUNITY
It says that two thirds of the gas will flow towards the Central European Gas Hub in Baumgarten, Austria. “This hub offers ideal connectivity and can handle large flows to central, east, southeast and south European countries, boosting their gas markets to comparable levels of liquidity and competiveness as in northwest Europe.”
2016, March, 29, 18:45:00
ISRAELI GAS DECISION
Critics said the deal gave too much profit to corporations at the public's expense.
The court opposed a clause that would prevent Israel from making significant regulatory changes for the next ten years.
2016, March, 29, 18:35:00
U.S. LNG FOR TURKEY
Turkey has for the first time imported liquefied natural gas (LNG) from the US in 2016, said the message from Turkey’s Energy Market Regulatory Authority (EMRA).
2016, March, 25, 19:40:00
GAZPROM & CHINA: SEQUENTIAL DEVELOPMENT
The parties addressed strategic bilateral cooperation. It was noted that the collaboration between Gazprom and Chinese energy companies and financial institutions was consistently developing.
2016, March, 25, 19:25:00
U.S. LNG FOR EUROPE
Europe’s leaders have long been hoping that U.S. shale gas would help the bloc reduce its reliance on gas from Russia, which provides around a third of the region’s supplies. The ethane from Ineos’s shipment won’t be a substitute for Russian gas, which is mostly methane, but it will help to lower prices in the European market, said Karen Sund, partner at Norway-based Sund Energy consultancy.
2016, March, 25, 19:25:00
AUSTRALIAN LNG: $400 BLN DOWN
More than $400 billion of proposed energy projects have been delayed since mid-2014 and pushed into 2017 and beyond as oil prices slid about 60 percent in the past two years, according to consulting firm Wood Mackenzie Ltd. The LNG market in particular is facing an oversupply as U.S. exports add to a wave of shipments from Australia.
2016, March, 25, 19:10:00
GAZPROM'S CONSUMER DEBT
In 2015, the total overdue debt increased by 19.8 per cent, from RUB 127 billion to RUB 152.1 billion; the gas payment rate decreased by 1.4 per cent to 96.2 per cent. The debt is held mainly by the population, heating companies, and electric power enterprises. Over 80 per cent of the debt is borne by the consumers of the North Caucasian Federal District (RUB 48.6 billion or 81.4 per cent of the total consumer debt in Russia as of January 1, 2016).
2016, March, 22, 19:10:00
U.S. GAS PRICES UP
The average price of a gallon of gasoline in the United States gained nearly 25 cents in the past four weeks, according to a survey released on Sunday.
2016, March, 22, 18:55:00
RUSSIAN LNG AMBITIONS
This supply growth, with ebbs and flows, is likely to continue. The Russian medium- to long-term optimism is that gas will be a growth fuel – a clean, adaptable C02-light fuel that could replace coal across the world into the 2020s.
2016, March, 22, 18:50:00
AUSTRALIAN LNG: TO JAPAN
The first export is a significant milestone for the Gorgon project, which has been hit by delays and a jump in costs since construction started, as it begins generating revenue for Chevron and its partners.
2016, March, 22, 18:45:00
IRAQ'S FIRST GAS EXPORT
In November 2011, Iraq signed a $17 billion deal to form a joint venture to gather, process and market gas from three oil fields in the oil-rich province of Basra. The fields are the 17.8 billion-barrel Rumaila, the 4.1 billion barrel Zubair field and the 8.6 billion barrel West Qurna Stage 1.
2016, March, 19, 19:05:00
RUSSIAN - CHINESE TRANSACTION
OAO NOVATEK announced the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million.
2016, March, 19, 19:00:00
ISRAEL & RUSSIA COLLABORATION
Israel and Russia are about to agree upon a modus operandi in the East Mediterranean concerning weapons and natural gas deals, several Israeli media reports indicate. According to various assessments, the bottom line of such an agreement would be that Israel will not sell natural gas to Turkey and, in return, Russia won't supply S-300 anti-aircraft missiles and other advanced weapon systems to Iran and other regional enemies of Israel.
2016, March, 19, 18:55:00
CHINA INCREASED BY 50%
The Central Government of the People's Republic of China (PRC), as part of the country's 13th Five-Year Plan, has implemented a 50% increase, from $0.87 per thousand cubic feet (Mcf) to $1.31/Mcf, in the level of cash subsidy to be paid per Mcf paid for coalbed methane (CBM) produced, according to Green Dragon Gas Ltd., one of the largest independent companies involved in the production and sale of CBM gas in China.