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2018-09-19 13:25:00

TRUMP SELLS LNG

TRUMP SELLS LNG

PLATTSPresident Donald Trump pushed US LNG exports Tuesday as crucial to increasing European energy security during talks with Polish President Andrzej Duda while continuing his attacks on the Nord Stream 2 natural gas pipeline from Russia to Germany.

"A tremendous amount of LNG will be exported to Poland," Trump said during a joint news conference with Duda. "We're giving them a pretty good price. They're buying a lot of it. That's gonna be great."

Poland received its first US LNG cargo in June 2017 from the Sabine Pass LNG terminal in Louisiana.

Less than 3% of US LNG exports have flowed to Europe this year as of August, down from 11% in 2017, according to data from S&P Global Platts Analytics.

Trump said he and Duda are exploring opportunities to advance European energy security.

"The United States and Poland are deeply committed to energy diversity all across Europe," Trump said. "No nation should be dependent upon a single foreign supplier of energy. Poland has worked tirelessly to increase energy independence nationally and across central Europe."

Earlier Tuesday, Trump reiterated his opposition to Nord Stream 2, which he called a "very bad thing for the people of Germany."

"Its very unfortunate for the people of Germany that Germany is paying billions and billions of dollars for their energy to Russia, I can tell you the German people don't like it," Trump said.

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Earlier:

 W.Europe
2018, September, 17, 15:05:00

NORD STREAM 2 FOR EUROPE

PLATTS - Moscow also hopes to have its 55 Bcm/year Nord Stream 2 pipeline and its 31.5 Bcm/year TurkStream link ready to flow gas to Europe by the end of 2019, leaving only limited volumes for transit via Ukraine

 

 W.Europe
2018, September, 14, 12:35:00

U.S. AGAINST NORD STREAM

PLATTS - In a meeting with Russian Energy Minister Alexander Novak in Moscow, US Energy Secretary Rick Perry reiterated US opposition to the expansion of the Nord Stream pipeline from Russia, claiming it would hurt European allies and distort energy markets.

 W.Europe
2018, September, 10, 12:40:00

GERMANY - QATAR LNG COOPERATION

PLATTS - German Chancellor Angela Merkel said there is significant potential for energy cooperation with Qatar, after the Middle Eastern LNG giant's Emir Sheikh Tamim bin Hamad Al-Thani announced plans to invest Eur10 billion ($11.5 billion) in the German economy over the next five years.

 

 W.Europe
2018, September, 7, 12:33:00

NORD STREAM-2 STARTS IN FINLAND

GAZPROM - The offshore pipelay vessel Solitaire started the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland.

 W.Europe
2018, September, 7, 12:29:00

TURKSTREAM'S PROGRESS

GAZPROM - the TURKSTREAM project was going according to schedule. Specifically, the deep-water pipelaying for the offshore part of the gas pipeline’s first string had been completed in the Black Sea along with the construction of the second string in Russia’s exclusive economic zone.

 W.Europe
2018, September, 5, 10:45:00

RUSSIAN GAS TO EUROPE UP

PLATTS - Russian natural gas flows to western and central Europe recovered strongly in August -- after a dip in July because of pipeline maintenance -- as demand for Russian gas remained buoyant to meet demand from both the power and storage sectors,

 W.Europe
2018, August, 31, 11:25:00

RUSSIAN GAS FOR EUROPE UP

PLATTS - Russian gas supplies to Europe and Turkey rebounded in August, according to data released by gas giant Gazprom, after a dip the previous month during the planned outage of the main Nord Stream gas pipeline to Germany.

 

 

Tags: USA, EUROPE, LNG, RUSSIA, GAS, NORD STREAM, POLAND

Chronicle:

TRUMP SELLS LNG
2018, October, 22, 11:55:00

RUSSIA - EXXON: NEW PROJECTS

BLOOMBERG - Russia has begun discussions with Exxon Mobil Corp. on possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.

TRUMP SELLS LNG
2018, October, 22, 11:50:00

IMF HAS UKRAINE FOR $3.9 BLN

IMF - The agreement reached today reflects the IMF’s commitment to continue to help Ukraine achieve stronger, sustainable, and inclusive economic growth. The new program has been developed in close coordination with the World Bank and the European Union, who have parallel operations to support Ukraine. The authorities’ steadfast and effective implementation will be critical for the program to achieve its objectives.

TRUMP SELLS LNG
2018, October, 22, 11:45:00

UKRAINE'S GAS PRICES UP 23.5%

CNBC - Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program.

TRUMP SELLS LNG
2018, October, 22, 11:40:00

SCHLUMBERGER NET INCOME $644 MLN

Schlumberger Announces Third-Quarter 2018 Results Revenue of $8.5 billion increased 2% sequentially Pretax operating income of $1.2 billion increased 5% sequentially EPS was $0.46 Cash flow from operations was $1.8 billion Free cash flow was $1.0 billion

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