Gas
![Gas](/cache/05-2024/russia-31.ef5011b4.jpg)
2024, May, 7, 06:45:00
RUSSIAN DEMOGRAPHIC, ENERGY PROBLEMS
This problem isn’t entirely new — Russia has faced a shrinking working-age population for almost two decades.
![Gas](/cache/05-2024/gazprom-1.bb0c5cd9.jpg)
2024, May, 6, 06:55:00
RUSSIAN GAZPROM LOSS
Gazprom Group, which also includes oil and power businesses, posted a 629 billion-ruble ($6.84 billion) loss last year compared with net income of 1.23 trillion rubles in 2022, according to an earnings report published Thursday.
![Gas](/cache/05-2024/europe-5.44eb74d2.jpg)
2024, May, 3, 06:50:00
EUROPEAN ENERGY MISTAKES
It trails China and the US in areas such as manufacturing of clean technologies thanks to a mix of burdensome regulations and higher energy prices. Electricity prices in the EU are typically twice to three times higher than in the US.
![Gas](/cache/04-24/price-14.de1b43c5.jpg)
2024, April, 26, 06:40:00
EUROPEAN ENERGY UNCERTAINTY
Worries include uncertainty over remaining Russian flows through Ukraine and rebounding gas demand in Asia. A colder-than-normal winter spurring consumption at home is also seen as more likely after two consecutive mild ones.
![Gas](/cache/04-24/price-17.d6ca857d.jpg)
2024, April, 26, 06:35:00
EUROPEAN ELECTRICITY PRICES UP
The capacity for transmitting electricity to Belgium, Germany, Switzerland and Italy has been reduced since early March, according to French power-grid operator RTE. That’s depriving those nations of exports of cheaper French nuclear power and boosting wholesale prices across the region.
![Gas](/cache/04-24/vietnam-2.89770ded.jpg)
2024, April, 26, 06:30:00
VIETNAM NEED COAL
Vietnam, which gets most of its power from coal, is rushing to avoid a repeat of last year, when a shortage of the mineral, blistering hot weather and drought forced it to cut electricity to northern industrial parks that house many multinational companies.
![Gas](/cache/04-24/russia-27.f309c0b5.jpg)
2024, April, 17, 06:55:00
EUROPE NEED RUSSIAN LNG
"If Europe is still importing LNG from Russia, it is because there is a need," a France-based gas trader said. "With our other main suppliers, such as Norway, operating at maximum capacity, it will be hard to completely stop the flow of Russian LNG. We are still not completely out of the crisis."
![Gas](/cache/04-24/india-15.f8abde90.jpg)
2024, April, 17, 06:50:00
CHINA, INDIA OIL & GAS PRODUCTION UP
India's overall oil and gas output rose 1.3% on the year to 1.15 million boe/d in 2023. China's upstream story sounds relatively more promising at this stage.
![Gas](/cache/04-24/russia-28.e3da75ac.jpg)
2024, April, 12, 06:35:00
RUSSIA'S REVENUE UP
Russia observed “sustained positive dynamics” in the flow of money to the federal budget, according to a Finance Ministry statement on Monday. Revenues for the three months through March amounted to 8.7 trillion rubles ($94 billion), an increase of 53.5% compared with the same period last year, data from the ministry showed.
![Gas](/cache/04-24/price-88.f521698a.jpg)
2024, April, 12, 06:30:00
EUROPEAN GAS PRICES WILL UP
Russia’s gas-transit agreement with Ukraine also expires at the end of the year, and there’s little clarity as of now if these volumes will still find their way to Europe.
![Gas](/cache/03-24/lng-9.8ddaa0a8.jpg)
2024, March, 18, 06:40:00
U.S. LNG FREEZE
Several LNG buyers have delayed signing new long-term contracts with US producers until there is more clarity
![Gas](/cache/03-24/lng-8.1f24b2a1.jpg)
2024, March, 7, 06:35:00
VIETNAM, AUSTRALIA ENERGY COOPERATION
The deal will further facilitate Australia's exports of coal and liquefied natural gas to Vietnam, the ministry said in a statement, noting that Australia is now a key coal supplier to Vietnam, accounting for 44% of its total coal imports.
![Gas](/cache/02-24/price-66.14fca617.jpg)
2024, February, 28, 06:55:00
GLOBAL RUSSIAN ENERGY & SANCTIONS
Deputy Prime Minister and OPEC+ envoy Alexander Novak drove home the official line that sanctions make Russia stronger when he said in October, referring to the redirection of exports, "the main consumption of energy resources will in future be in [the Asia-Pacific] region... We would have to do this anyway. We just sped up a bit."
![Gas](/cache/02-24/qatar-1.dd6bc628.jpg)
2024, February, 28, 06:45:00
QATAR LNG WILL UP
Qatar’s push highlights the importance of gas for the country. Exports of the fuel are the country’s biggest revenue earner which has already made it one of the wealthiest countries and helped boost its global clout since it started shipments about two decades ago.
![Gas](/cache/02-24/lng-7.22990a2f.jpg)
2024, February, 26, 06:55:00
RUSSIAN LNG FOR CHINA
The US placed Arctic LNG 2 under direct sanctions in November, in effect blocking its allies from buying the project’s gas when it starts production. The move followed an EU ban on the transfer of LNG-related technology to Russia in April 2022, two months after Moscow launched its full-scale invasion of Ukraine.