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2018-11-30 11:55:00

RUSSIAN LNG IS BETTER

RUSSIAN LNG IS BETTER

REUTERS - Allowing ship-to-ship transfers in Norwegian waters from Yamal in Arctic Russia, one of the world's largest liquefied natural gas (LNG) terminals, undercuts Europe's energy diversification efforts, the U.S. State Department said on Friday.

By transferring LNG to more conventional tankers in Norway, the Arctic vessels cut in half the distance they would cover to deliver gas to Europe, enabling more frequent shipments from the Novatek terminal and increasing Russia's gas exports.

Last week, the first such transfer took place off the Norwegian Arctic port of Honningsvag.

Asked what the U.S. position was on the activity taking place in Norwegian waters, the U.S. State Department told Reuters: "At a time when Russian gas comprises a growing proportion of Europe's energy imports, additional volumes of Russian gas will undercut Europe's energy diversification efforts.

"We are working closely with our European partners to increase their energy security by promoting diversification of energy fuel types, energy routes, and energy source countries," the department added.

The United States has been pressing Europe to cut its reliance on cheap Russian gas and buy much more expensive U.S. LNG instead, which many European countries, including industrial heavyweight Germany, have so far resisted.

Norway is Europe's second-largest supplier of gas after Russia.

 

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Earlier:

 Russia
2018, November, 28, 12:50:00

RUSSIAN LNG TO EUROPE

REUTERS - “Between 150 and 160 transfers will take place in the port’s fjord from November to June,” local mayor Kristina Sigursdottir Hansen told Reuters. “Ships will be coming with gas from Russia, from Yamal ... More than 300 ships actually (will be involved).”

 

Russia
2018, November, 23, 12:15:00

GAZPROM INVESTMENT: RUB 1,325.724 BLN

GAZPROM - Pursuant to the draft investment program for 2019, the overall amount of investments will stand at RUB 1,325.724 billion, with RUB 963.019 billion intended for capital investments, RUB 151.505 billion for the acquisition of non-current assets, and RUB 211.2 billion for long-term financial investments.

 Russia
2018, November, 23, 12:10:00

START OF YAMAL LNG - 3

NOVATEK - PAO NOVATEK (“NOVATEK” and/or the “Company) announced that its joint venture Yamal LNG has commenced initial production of LNG at the plant’s third LNG train. The total nameplate capacity of all three LNG trains is 16.5 mmtpa, or 5.5 mmtpa per LNG train.

 ТУРЕЦКИЙ ПОТОК УЛОЖЕН  |  OFFSHORE TURKSTREAM COMPLETED
2018, November, 22, 11:40:00

ТУРЕЦКИЙ ПОТОК УЛОЖЕН | OFFSHORE TURKSTREAM COMPLETED

"Construction of TurkStream – a new gas pipeline connecting Russia and Turkey via the Black Sea – is entering its final stage. The work is well ahead of schedule: the offshore section of the gas pipeline was completed as early as today instead of in December as planned earlier. The swift pace of this project can be attributed to the concerted and coordinated efforts of the project team. In late 2019, the gas pipeline will be brought into operation. It will become an additional guarantee of energy security in Turkey and the countries of southern and southeastern Europe," said Alexey Miller, Chairman of the Gazprom Management Committee.

 Russia
2018, November, 22, 11:25:00

GAZPROM: THE LARGEST

GAZPROM - the growth in natural gas consumption around the world continued unabated. In 2016–2017, it added more than 3 per cent on a yearly basis. The growth rate for 2018 may be even higher.

 Russia
2018, November, 19, 11:40:00

RUSSIAN GAS FOR EVERYONE

BLOOMBERG - The $11 billion pipeline is one of three giant projects helping the world’s biggest gas producer strengthen its grip on Europe and Asia. Thousands of miles to the east, the Power of Siberia pipeline will connect with China, and a project under the Black Sea will deliver fuel to Turkey and southeast Europe.

 

 АЛЕКСАНДР НОВАК: МИРОВОЙ СПРОС НА СПГ ВЫРАСТЕТ ВДВОЕ
2018, November, 16, 10:05:00

АЛЕКСАНДР НОВАК: МИРОВОЙ СПРОС НА СПГ ВЫРАСТЕТ ВДВОЕ

«Добыча газа в мире выросла на 600 млрд куб м. Мировая торговля газом - на 42% или на 313 млрд кубов. Изменился и рынок СПГ – он вырос более чем на 59%, что почти в 3 раза превышает темпы роста торговли трубопроводным газом. Удешевление и совершенствование технологий сжижения и транспортировки привело к расширению стран-потребителей газа с 8 до 35 всего за десятилетие», - сказал Александр Новак.

 

 

 Russia
2018, November, 16, 09:15:00

U.S. WANTS EUROPE

OGJ - “Nord Stream 2 and Turkish Stream are not commercial projects as their proponents proclaim,” Perry said. “They are naked political gambits aimed at driving a wedge between Europeans. They would increase Russia’s leverage over Europe’s foreign policy, and Europe’s vulnerability to a supply disruption.”

 

 

Tags: JAMAL, LNG, NOVATEK, RUSSIA, USA