Gas
![Gas](/cache/01-24/lng-3.b0b1cd08.jpg)
2024, January, 24, 06:45:00
RUSSIAN LNG PRICES RISING
The Sakhalin-2 LNG export plant is the closest to North Asia, home to the world’s top buyers. The facility supplied nearly 10% of Japan’s LNG needs last year, and hasn’t been targeted by Western sanctions due in part to the need to ensure energy security.
![Gas](/cache/01-24/price-34.7055e8bb.jpg)
2024, January, 24, 06:35:00
EUROPEAN GAS PRICES DOWN
Europe is benefiting from record renewables power installations last year, together with massive gas stockpiling and a relatively mild winter — some cold snaps aside.
![Gas](/cache/01-24/china-3.b9053ded.jpg)
2024, January, 22, 06:50:00
PHILIPPINES NEED OIL
Beijing’s agenda in the South China Sea may also be spurred by energy interests
![Gas](/cache/01-24/lng-2.8ae75deb.jpg)
2024, January, 18, 06:55:00
RUSSIA'S SLOW LNG
Russia has delivered the first drop of liquefied natural gas (LNG) from its heavily sanctioned flagship project, Arctic LNG-2.
![Gas](/cache/12-23/russia-8.703af0fe.jpg)
2024, January, 9, 06:50:00
RUSSIAN LNG DREAMS
Russia is eyeing the Northern Sea Route across the Arctic Ocean to supply the cargoes to the east, to cut the time and cost of bringing its fuel to market.
![Gas](/cache/12-23/price-22.c50d8c64.jpg)
2024, January, 9, 06:45:00
RUSSIAN LNG 2 UNDER SANCTIONS
Russia’s Novatek PJSC, which leads the Arctic LNG 2 project, sent force majeure notices to some of the facility’s buyers,
![Gas](/cache/12-23/china-2.87acb24f.jpg)
2023, December, 21, 06:30:00
CHINA GAS DEMAND UP
The daily minimum temperature in some areas of northwest China, Inner Mongolia, north China, northeast China, central and eastern Huanghuai and eastern Jianghuai regions would be more than 7 degrees Celsius lower than the historical low for this period, the CMO said.
![Gas](/cache/12-23/20231129-195725.51ffbe9e.jpg)
2023, December, 6, 06:35:00
CLIMATIC MARKETS CARTHASIS
Extreme weather events,food supply disruption add urgency to energy transition.Panama Canal drought has effectively reduced carrying capacity due to climate change.
Green deal creating incentives on critical minerals.
![Gas](/cache/11-23/lng-1.85c6d160.jpg)
2023, November, 30, 06:35:00
JAPAN NEED LNG
Starting in December, Japan will begin operating "Strategic Buffer LNG," or SBL, cargoes in order to be prepared for any supply issues, starting with a minimum of one LNG cargo a month during the country's peak winter demand months over December 2023-February 2024, with JERA having been approved Nov. 24 as the first supplier.
![Gas](/cache/11-23/russia-2.d5589d06.jpg)
2023, November, 23, 06:50:00
RUSSIAN OIL GAS PRODUCTION DOWN
Russia is expected to reduce both oil and natural gas production this year, according to Deputy Prime Minister Alexander Novak. Oil is projected to fall by 8 million tons to 527 million tons, compared to 535 million tons last year, he said.
![Gas](/cache/11-23/price-1.90320961.jpg)
2023, November, 17, 06:50:00
OIL PRICES 2023-24: $90 - $93
The Brent crude oil price will increase from an average of $90 per barrel (b) in the fourth quarter of 2023 to an average of $93/b in 2024.
![Gas](/cache/11-23/china-31.f6a529d2.jpg)
2023, November, 3, 06:55:00
RUSSIAN OIL, GAS FOR CHINA
Russia is counting on a planned new pipeline to China as it seeks to make up for lost gas sales in Europe, but industry insiders see major political risks around a project that is overly dependent on one buyer and question whether it will justify the huge costs.
![Gas](/cache/11-23/lng-1.85c6d160.jpg)
2023, November, 3, 06:35:00
U.S. LNG FOR EUROPE
"Together with Norwegian gas, American LNG has proven to be a reliable and steady source of supply for Europe and will contribute to Europe's energy supply security," Aasland said.
![Gas](/cache/10-23/gas-9.67bbca5f.jpg)
2023, November, 3, 06:30:00
NORTH AMERICA'S LNG EXPORTS WILL UP
Over the next five years North America’s liquefied natural gas (LNG) export capacity to expand by 12.9 billion cubic feet per day (Bcf/d) as Mexico and Canada place into service their first LNG export terminals and the United States adds to its 11.4 Bcf/d of existing LNG capacity.
![Gas](/cache/10-23/usa-81.171366e9.jpg)
2023, November, 3, 06:25:00
U.S. FOSSIL FUELS CHOICE
In the United States last year, according to the Energy Information Administration, natural gas accounted for 39.9 percent of electricity production; coal, 19.7 percent; nuclear, 18.2 percent; and renewables, the rest, although these are coming on fast.