bp and its partners have started commercial gas deliveries to southeast Europe from the Shah Deniz gas field in the Caspian Sea via the new Southern Gas Corridor (SGC) pipeline system.

In October 2020, the country imported 3.24 bcm of natural gas via pipelines, while 795 million cubic meters (mcm) was purchased as liquefied natural gas (LNG), EPDK's data showed. This marked an increase in pipeline gas imports of 36.2% and 2.5% in LNG imports.

Photosensitized Decomposition of methane under Specific Heat, Light and Vacuum Conditions. This is a Free Radical Chain Reaction of Mercury and Methane, in Which Mercury is used as a Catalyst and Provides Alternate Pathway of Lower Activation Energy. As a Result of Which High Amount of Energy is released.

North American LNG export developers are hoping sustained high prices will provide incentive to buyers to sign more long-term commercial deals that would enable the developers to sanction new terminal projects in 2021.

The average price of LNG imported by China in November, comprising both term and spot cargoes, was about $6.28/MMBtu on a delivered basis, up 15.3% from about $5.44/MMBtu a month earlier,

China natural gas production should increase by 7% to 186 bcm in 2020.

The demand for natural gas is poised to grow in the long term. By 2040, worldwide gas consumption is expected to rise by 1.3 trillion cubic meters and exceed 5.3 trillion cubic meters.

China Oil & Gas Pipeline Network Corp. is part of an effort by President Xi Jinping’s government to consolidate the nation’s major pipelines and other midstream facilities into a single firm, intended to boost competition among drillers and downstream oil and gas sellers. The entity officially started operations in October.

"Iran and Russia have always had close and growing cooperation in the field of oil and energy, and this cooperation will continue,"

Iranian Oil Minister Bijan Namdar Zanganeh said his country welcomes the Russian companies’ investment making in its oil sector

Natural gas futures in Europe and Asia have climbed to their highest levels in more than a year due to a sharp increase in demand late in 2020,

Gazprom's overall amount of investments for 2021: RUB 902.413 billion. This budget will provide for a full coverage of Gazprom's liabilities without a deficit.

The $40 billion Southern Gas Corridor comprises the 16 Bcm/year BP-operated Shah Deniz 2 field offshore Azerbaijan, the expanded South Caucasus Pipeline via Georgia, the TANAP pipeline in Turkey and the 10 Bcm/year TAP link to Italy.

«Россия как крупнейший экспортёр природного газа выступает за стабильность и поступательное развитие глобального газового рынка. Мы внимательно следим за текущими трендами и готовы оперативно на них реагировать в планировании дальнейшей энергетической политики», - отметил Николай Шульгинов.

России крайне важно использовать все возможности для монетизации запасов газа, чтобы сохранить значимое место на глобальном рынке.