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Gas

Gas
2017, January, 26, 18:50:00
QATAR'S INVESTMENT TO RUSSIA
Abullah bin Mohammed Al Thani, the fund’s chief executive, said it would invest a further $2bn on top of $500m of existing investments in the country. Some of the investments would be made jointly with the $10bn sovereign Russian Direct Investment Fund, its partner in a deal last summer for St. Petersburg’s airport, he added.
Gas
2017, January, 26, 18:30:00
TAPI GAS PIPELINE GAMES
The Tapi pipeline is projected to export up to 33bn m3 of natural gas a year from Turkmenistan to Afghanistan, Pakistan and India over 30 years. It was earlier scheduled to be operational in 2019 but, because of delays in achieving financial closure, the pipeline's first gas flows from Turkmenistan are now scheduled for 2020. The much delayed project was formally inaugurated on December 13, 2015.
Gas
2017, January, 24, 18:30:00
U.S. GAS PRICES WILL UP
EIA expects the Henry Hub natural gas spot price to average $3.55 per million British thermal units (MMBtu) in 2017 and $3.73/MMBtu in 2018, both higher than the 2016 average of $2.51/MMBtu. Higher prices in 2017 and 2018 reflect natural gas consumption and exports exceeding supply and imports, leading to lower average inventory levels.
Gas
2017, January, 23, 18:45:00
INDIA'S LNG DOWN 3%
India’s double-digit LNG import growth took a breather in the month of December, falling 2.9% on year, according to oil ministry’s Petroleum Planning and Analysis Cell.
Gas
2017, January, 23, 18:40:00
RUSSIAN ARCTIC LNG
The tanker is the first of a new class of icebreaking LNG carriers that will open an export route from Siberia to the Pacific — reducing Russia’s dependence on selling gas through pipelines to Europe.
Gas
2017, January, 20, 18:35:00
LNG FOR PAKISTAN
Pakistan LNG Limited opened the financial bids for the supply of 240 shipments of LNG January 19. Gunvor has bagged a five-year contract to supply 60 shipments while Eni has been awarded a 15-year contract to supply 180 shipments.
Gas
2017, January, 17, 18:30:00
PAKISTANIAN LNG UP
Pakistan LNG Limited will open financial bids for the supply of 240 shipments of LNG on January 19, while contracts to successful bidders will be awarded on Jan 31.
Gas
2017, January, 13, 18:55:00
INDIA - JAPAN COOPERATION
India and Japan should co-operate on long term contracts for LNG with a defined cost of energy which would provide a stabilizing factor for the renewable energy thrust that India is currently giving, Indian minister for power, coal, new & renewable energy and mines, Piyush Goyal said January 11 on the side-lines of the seventh India-Japan Energy Forum in New Delhi.
Gas
2017, January, 13, 18:30:00
RUSSIA - GEORGIA TRANSIT
The Georgian government has agreed with Gazprom proposals over gas transits via Georgia's territory and will sign a deal for 2017 and 2018, its energy minister Kakha Kaladze told reporters in Tbilisi. Gazprom Export will now pay a transit fee in cash, rather than in the form of gas supplies, as in the past.
Gas
2017, January, 11, 18:30:00
GAZPROM'S GAS RECORD
Gazprom’s gas exports to Europe hit an all-time high for the gas industry in 2016, totaling 179.3 billion cubic meters. Compared to 2015, it is an increase of 12.5 per cent, or 19.9 billion cubic meters in absolute terms, which is commensurate with the volumes we delivered to the U.K. last year, namely 17.8 billion cubic meters.
Gas
2017, January, 9, 18:45:00
IMPORTANT LNG MARKET
The LNG market has grown strongly in the last few years. In 2008 the global export capacity was 270bn m³/yr while in 2016 it was around 400bn m³/yr (+150%). The International Energy Agency in 2011 predicted that by 2015 gobal trade would reach 450bn m³/yr. These higher expectations resulted mainly from the aftermath of the Fukushima accident and Asian growth more generally, notably China.
Gas
2017, January, 5, 20:05:00
RUSSIA'S GAS PRODUCTION UP 0.6%
Russia produced over 650bn m³ of gas in 2016, about 0.6% more than the previous year, the statistics of the Central Dispatching Department of Fuel Energy Complex (CDU TEK) indicate. A Russian cubic metre of gas contains about 10% less energy than a standard cubic metre owing to the higher temperature it is measured at.
Gas
2016, December, 28, 18:40:00
GAZPROM'S OFFER FOR EUROPE
The company has already made contractual changes that remove restrictions on reselling gas and that require Gazprom to forgo any advantage gained from making gas supplies conditional on acceptance of gas pipelines. These changes came about because of pressure from the commission and increased competition on the European energy market.
Gas
2016, December, 27, 18:30:00
GAZPROM'S GAS RECORD
"We are also on track to hit this year an absolute record of annual gas exports, both of Soviet times and the history of modern Russia,"
Gas
2016, December, 22, 15:50:00
INDIA'S LNG IMPORTS UP 18%
According to latest data published by oil ministry’s Petroleum Planning and Analysis Cell (PPAC), LNG imports in October were 2.26bn m³, up almost 18.6% compared with the same month last year. Cumulative imports too remain substantially higher. For the April-October period, India’s LNG imports were 14.9bn m³, up by 25% on year.