The potential is very high. China's demand for gas will grow at a very high pace. Last year, gas consumption in China grew by almost 10 per cent, thus exceeding 300 billion cubic meters. In 15 years, the demand for gas in the country may double.

"Natural gas can make a vital contribution to economic recovery in Germany and Europe – without compromising climate protection targets," Wintershall Dea board member Thilo Wieland said June 29.

This is a record high monthly volume from the US, and made it the largest LPG supplier to China in May. It eclipsed the previous record high monthly import from the US of 475,092 mt in December 2017, historical customs data showed.

Shell, the world’s largest fuel retailer, said it expected a 40% drop in sales in the second quarter from a year earlier to about 4 million barrels per day (bpd), although that is more than its earlier prediction of a drop to 3.5 million bpd.

This shows that the agencies consider Gazprom's creditworthiness to be excellent even amid the instability at energy markets.

AGDC has revised the cost of the project by US$5.5bn,

U.S. Rig Count is down 1 rigs from last week to 265, Canada Rig Count is down 4 rigs from last week to 13

The average spot price of natural gas at the Henry Hub reached $1.38 per million British thermal units (MMBtu) on June 16, 2020, the lowest daily Henry Hub price without adjusting for inflation and in nominal dollars since December 1998,

China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020.

Стороны обсудили двустороннее взаимодействие России и Венгрии в отраслях ТЭК.

Sentyurin met with his OPEC counterpart Mohammed Barkindo by teleconference June 22 for the inaugural technical meeting of the OPEC-GECF Energy Dialogue.

A mild winter and COVID-19 mitigation efforts have led to declining global natural gas demand and high natural gas storage inventories in Europe and Asia, reducing the need for LNG imports.

The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.

"I can briefly confirm that we continue to work on this project and expect that its construction will be completed at the end of 2020 or the beginning of 2021,"

The government of Mozambique has offered a US$2.25bn state guarantee to the US$20bn Mozambique LNG project