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2019-05-13 12:20:00

EUROPE GAS STRATEGY: €139 BLN

EUROPE GAS STRATEGY: €139 BLN

GI - Currently, about 70 million European industrial and private customers are supplied by a gas grid 2.2 million kilometres in length. Natural gas, not only as a product, consists of various positive habits for heating, power generation and transport. Even in light of the political goals for a massive reduction of greenhouse gas emissions in Europe, there is still a lot of potential lying in gas-based supply. Coal to gas switching – for example, decided in German policy at the beginning of 2019 - provides 'low hanging fruits' for rapid, low-cost carbon emission reductions. In the heating sector about 7 million oil…

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EUROPE GAS STRATEGY: €139 BLN
2019, May, 2, 16:35:00
EUROPE'S GAS DIVERSIFICATION
The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.
EUROPE GAS STRATEGY: €139 BLN
2019, May, 2, 16:30:00
THE THIRD NORD STREAM 2 AGAIN
Nord Stream 2 is already waiting for the DEA to decide on permit applications for two different routes, and claims the request for a third route option is illegal.
EUROPE GAS STRATEGY: €139 BLN
2019, April, 26, 11:20:00
GLOBAL LNG TRADE UP 8%
In 2018, global trade in liquefied natural gas (LNG) increased by 3.2 billion cubic feet per day (Bcf/d) to 41.3 Bcf/d, an 8% increase from 2017
EUROPE GAS STRATEGY: €139 BLN
2019, April, 17, 11:15:00
EUROPE'S GAS PIPELINES RULES
The rules governing the EU's internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU's regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.
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Tags: EUROPE, GAS, RENEWABLE
Chronicle:
EUROPE GAS STRATEGY: €139 BLN
2019, November, 11, 13:00:00
IRAN'S LPG FOR CHINA DOWN
Trader estimates for cargoes loading from Iran bound for China in November generally ranged between seven and 10. Some said the number was lower at six to seven, while one source said it did not exceed nine.
EUROPE GAS STRATEGY: €139 BLN
2019, November, 11, 12:55:00
BALANCING THE GLOBAL ENERGY SYSTEM
“Increased global and regional temperatures patterns, changes in precipitation amounts and seasonal distribution, a sea level rise, and changing characteristics of various extreme events such as increasing frequency, intensity, duration or even spatial extent of heat waves, droughts and storms, are forecast by most global and regional climate models,” said Loreta Stankeviciute, an IAEA energy systems analyst.
EUROPE GAS STRATEGY: €139 BLN
2019, November, 11, 12:50:00
AFRICA'S ENERGY DEMAND GROWTH TWICE
Energy demand in Africa grows twice as fast as the global average, and Africa’s vast renewables resources and falling technology costs drive double-digit growth in deployment of utility-scale and distributed solar photovoltaics (PV), and other renewables, across the continent.
EUROPE GAS STRATEGY: €139 BLN
2019, November, 11, 12:45:00
UAE GDP GROWTH 2.5%
Following a challenging period, the economy is recovering. Non-oil growth could exceed 1 percent in 2019 and pick up to around 3 percent next year, the fastest since 2016, on the back of Expo 2020 and fiscal stimulus. Overall GDP growth would register 2.5 percent in 2020.
EUROPE GAS STRATEGY: €139 BLN
2019, November, 11, 12:40:00
U.S. RIGS DOWN 5 TO 817
U.S. Rig Count is down 5 rigs from last week to 817, Canada Rig Count is down 2 rigs from last week to 140,
EUROPE GAS STRATEGY: €139 BLN
2019, November, 8, 11:35:00
OIL PRICE: NOT ABOVE $62
Brent was down 44 cents, or 0.7%, at $61.85 a barrel, WTI was down 50 cents, or 0.9%, at $56.65 a barrel.
EUROPE GAS STRATEGY: €139 BLN
2019, November, 8, 11:25:00
GAZPROM, UKRAINE STRATEGIC ISSUES
Alexey Miller pointed out that a number of strategic issues need to be resolved prior to the signing of a new transit contract.
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