Gas
![Gas](/cache/03-19/CNOOC-6.7f3fcb1b.jpg)
2019, March, 22, 09:50:00
CNOOC NET PROFIT UP 113.5%
Net profit increased significantly and financial status remained healthy
All-in cost of US$30.39/boe, down 6.6% YoY; Net profit of RMB 52.69 billion, up 113.5% YoY; Final dividend of HK$0.40 per share (tax inclusive)
![Gas](/cache/03-19/WINTERSHALL-6.9ff58e4a.jpg)
2019, March, 22, 09:45:00
WINTERSHALL WILL BE THE LARGEST
Germany's Wintershall -- which is set to complete its merger with upstream company DEA by the end of June -- plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday.
![Gas](/cache/03-19/usa-957.06daaa28.jpg)
2019, March, 20, 11:00:00
U.S. PRODUCTION: OIL + 85 TBD, GAS + 883 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 85,000 b/d month-over-month in April from 8,507 to 8,592 thousand barrels/day , gas production to increase 883 million cubic feet/day from 78,137 to 79,020 million cubic feet/day .
![Gas](/cache/03-19/GAZPROM-228.89e23a40.jpg)
2019, March, 20, 10:50:00
GAZPROM'S INVESTMENT PROJECTS
The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects.
![Gas](/cache/03-19/SERBIA-14.b06e7e02.jpg)
2019, March, 20, 10:45:00
RUSSIAN GAS FOR SERBIA
In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).
![Gas](/cache/03-19/EUROPE-50.e22a6fb7.jpg)
2019, March, 20, 10:40:00
EUROPE'S GAS SECURITY
IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.
![Gas](/cache/03-19/KOREA-12.3f047cff.jpg)
2019, March, 20, 10:35:00
S.KOREA'S LNG WILL UP
The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.
![Gas](/cache/03-19/IRAN-173.877c0a3a.jpg)
2019, March, 20, 10:30:00
IRAN'S SOUTH PARS GAS UP
Iranian Minister of Petroleum Bijan Zangeneh said the country’s gas production capacity from the supergiant South Pars gas field would cross 750 million cubic meters per day by late 2019.
![Gas](/cache/03-19/LNG-131.6f474b3a.jpg)
2019, March, 18, 12:55:00
SHAKY INDIA'S LNG
India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.
![Gas](/cache/03-19/FRANCE-17.6b428eb8.jpg)
2019, March, 18, 12:50:00
RUSSIAN GAS FOR FRANCE
In 2018, Gazprom increased gas exports to France by 5.4 per cent as compared to 2017 – up to 12.9 billion cubic meters. This upward trend has remained throughout early 2019: according to provisional estimates, Gazprom exported 2.5 billion cubic meters of gas from January 1 to March 14, 2019, showing a 1.9 per cent increase compared to the same period of 2018.
![Gas](/cache/03-19/NORWAY-215.d9f1e4be.jpg)
2019, March, 18, 12:40:00
NORWAY'S PRODUCTION 1.7 MBD
NPD - Preliminary production figures for February 2019 show an average daily production of 1 745 000 barrels of oil, NGL and condensate, which is a decrease of 75 000 barrels per day compared to January.
![Gas](/cache/03-19/POLAND-3.1a728c39.jpg)
2019, March, 18, 12:25:00
POLAND NEED $
OGJ - Stephen Blank, senior fellow for Russia at the American Foreign Policy Council, said, “Nord Stream 2 clearly is a threat to Europe, which is why the Trump administration opposes it. We have now threatened that if Nord Stream 2 is built, the US will impose sanctions not just on the project, but also on the contractors.”
![Gas](/cache/03-19/usa-949.8b4c16b0.jpg)
2019, March, 15, 10:35:00
U.S. GAS PRODUCTION RECORD
U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year
![Gas](/cache/03-19/usa-945.324e1ccf.jpg)
2019, March, 15, 10:30:00
LNG U.S. ACCELERATION
Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico.
![Gas](/cache/03-19/usa-946.c4f8ffd9.jpg)
2019, March, 15, 10:25:00
INDIA NEED U.S. LNG
Gail India called on U.S. liquefied natural gas (LNG) producers to offer more flexibility contract terms as the state-owned gas distribution gas company hunts for supplies from the middle of the next decade.