Gas
![Gas](/cache/2015/12/YAMAL-3.6fc097ab.jpg)
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”).
![Gas](/cache/2015/12/GAS-29.a0d2c4d7.jpg)
2015, December, 15, 19:45:00
GAS PRICES DOWN
Natural-gas prices plunged to a 14-year low, as the warmest start to winter on record in the U.S. saps demand for the heating fuel and deals another blow to struggling energy companies.
![Gas](/cache/2015/12/TAPI-1.cc7df509.jpg)
2015, December, 15, 19:40:00
TAPI STARTS: $10 BLN
Turkmenistan on Sunday began building its segment of a natural gas pipeline to Afghanistan, Pakistan and India (TAPI), a $10 billion project designed to ease its dependence on Russia and China.
![Gas](/cache/2015/12/BP-15.1129ef43.jpg)
2015, December, 14, 20:00:00
2035: GLOBAL ENERGY UP 37%
By 2035 global energy consumption increases by 37% from today’s levels with virtually all (96%) the growth in non-OECD countries and more than half coming from India and China.
![Gas](/cache/2015/12/IRAN-25.33b25a4a.jpg)
2015, December, 14, 19:55:00
IRAN & INDIA CONTRACT: $3 BLN
Iran has agreed a $3 billion contract with a consortium of Indian companies to develop the Farzad B gas field in the Persian Gulf, according to the Mehr news agency.
The managing director of ONGC Videsh, the Indian company heading the partnership, said they had not yet been notified about the development.
![Gas](/cache/2015/12/GAZPROM-36.f801c253.jpg)
2015, December, 14, 19:50:00
TURKEY'S FAMILY AFFAIR
Of Mr. Albayrak, Aaron Stein offers, “I think you have a new Turkish Energy Minister who is very close to Erdogan, speaks for Erdogan, coming into the cabinet, who may take a very hard line on Turkey's push to decrease the cost of the country's gas import bill, from Iran and Russia.”
![Gas](/cache/2015/12/USA-126.7029dad3.jpg)
2015, December, 14, 19:40:00
U.S. RIGS DOWN 28
U.S. Rig Count is down 28 rigs from last week to 709, with oil rigs down 21 to 524, and gas rigs down 7 to 185.
![Gas](/cache/2015/12/TURKEY-7.6d8c09a0.jpg)
2015, December, 11, 19:55:00
TURKEY NEEDS MORE GAS
Turkish state pipeline company BOTAS imported 33.06 billion cubic meters of gas from various sources in Jan.-Oct. 2015, compared to 31.73 billion cubic meters in the same period of 2014.
![Gas](/cache/2015/12/BULGARIA-1.10dc09c2.jpg)
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.
![Gas](/cache/2015/12/STATOIL-10.dd6eae50.jpg)
2015, December, 11, 19:45:00
STATOIL & REPSOL TRANSACTIONS
Statoil and Repsol announce transactions in Norway, UK, US and Brazil
![Gas](/cache/2015/12/BP-14.f8ec6553.jpg)
2015, December, 11, 19:25:00
BP COMPLETED $12 BLN
The agreement will involve the development of five trillion cubic feet of gas resources, as well as 55 million barrels of condensates. Production from WND is expected to be around 1.2 billion cubic feet a day (bcf/d) and all the produced gas will be fed into Egypt's national gas grid.
![Gas](/cache/2015/12/CONOCO-5.fd25c465.jpg)
2015, December, 11, 19:20:00
CONOCO CUTS $7.7 BLN
The company also expects to close $2.3 billion of noncore asset sales, including $600 million from transactions that closed through the first three quarters of 2015. The remaining $1.7 billion represents deals with agreements in place that are expected to close in fourth-quarter 2015 or first-quarter 2016.
![Gas](/cache/2015/12/LNG-33.552931ec.jpg)
2015, December, 10, 19:40:00
LNG PRICES DOWN
LNG to northeast Asia, home to the world’s biggest consumers, plunged 27% this year, outpacing Brent’s 23% slump as of Wednesday. While analyst estimates show that crude will recover in 2016, prices for the super-chilled fuel will probably extend declines by as much as 23%.
![Gas](/cache/2015/12/TURKEY-5.e41c6988.jpg)
2015, December, 10, 19:35:00
GAS FOR TURKEY
Qatar's LNG is expensive compared to Russian gas (although Russian gas is also not cheap). New LNG terminals will not be easy to build in the short term; it is a very expensive process. It also possible to increase the efficiency of processing and transmission of gas through the introduction of modern technology, however, it will not completely solve the problem.
![Gas](/cache/2015/12/LNG-32.80fdcba2.jpg)
2015, December, 10, 19:30:00
AUSTRALIAN LNG DOWN
Australia’s $170-billion liquefied natural gas (LNG) construction boom is winding down, and the hunt for new work is picking up.