REUTERS - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project.
BLOOMBERG - Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs.
PLATTS - Saudi Arabia's state-owned oil giant Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic, Saudi energy minister Khalid al-Falih said Sunday.
EBRD - The Trans Adriatic Pipeline (TAP) is announcing financial close, with €3.9 billion secured from public and private lenders.
МИНЭНЕРГО РОССИИ - “В нефтяной отрасли мы в 2018 году по итогам года добыли 556 миллионов тонн нефти. Это на 10 миллионов тонн больше, чем в 2017 году. Прирост составил 1,6 процента. Было введено в эксплуатацию 54 месторождения. В газовой отрасли также побит 18-летний рекорд по добыче – 725 миллиардов кубических метров газа добыто. Это составляет примерно пятипроцентный прирост к 2017 году”, - сообщил Александр Новак.
REUTERS - U.S. sanctions against the Russian-backed Nord Stream 2 pipeline would be the wrong way to solve a dispute over energy supply, German Foreign Minister Heiko Maas said on Thursday.
NPD - The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.
REUTERS - The number of U.S. liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year as the trade war between Beijing and Washington heated up.
EIA - In 2018, the average annual Henry Hub natural gas spot price increased to $3.16 per million British thermal units (MMBtu), up 15 cents from the 2017 average.
PLATTS - The global LNG shipping spot market is expected to remain strong in 2019 on the back of higher spot LNG demand and trading volume growth outpacing LNG vessel supply, according to analysts and ship brokers.
PE - A steadily growing fleet of liquefied natural gas (LNG) carriers purpose-designed to combat the ice floes of the Northern Sea route is giving the giant Yamal plant in the Arctic Circle a long-term competitive advantage, as the vessels deliver gas into Asia and Western Europe in conditions that were until recently considered too hostile.
BLOOMBERG - “The question is how much gas Russia ends up delivering into the European markets -- that will be a key determinant,” said Murray Douglas, research director for European gas at Wood Mackenzie Ltd. “Russia expressed publicly it wants to keep deliveries. That could generate a real collapse in prices in the summer months, when we will see a big LNG supply.”
PENINSULA - Currently, Qatar is leading liquefied natural gas (LNG) exports with 12 consecutive years under its belt, while the US is looking to raise its LNG exports with its abundant shale gas supplies.
REUTERS - A final investment decision (FID) could be taken on more than 60 million tonnes per annum of LNG capacity this year, well above the previous record of about 45 million tonnes in 2005 and triple last year’s 21 million tonnes, Wood Mackenzie’s research director for global gas and LNG, Giles Farrer, said.
PLATTS - Russia's Gazprom expects its total natural gas exports to Europe and Turkey to reach 201 Bcm in 2018, CEO Alexei Miller said Friday, a third year of record export volumes.