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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, August, 19, 11:20:00
CHINA'S GREEN INVESTMENT $1 BLN
Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy.
EUROPE GAS STRATEGY: €139 BLN
2019, August, 19, 11:15:00
U.S. RIGS UP 1 TO 935
U.S. Rig Count is up 1 rig from last week to 935, with oil rigs up 6 to 770, gas rigs down 4 to 165, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 2 rigs from last week to 142, with oil rigs up 7 to 101 and gas rigs down 5 to 41.
EUROPE GAS STRATEGY: €139 BLN
2019, August, 16, 10:50:00
OIL PRICE: NEAR $59
Brent was up 52 cents, or 0.9%, at $58.75 a barrel , U.S. crude was up 65 cents, or 1.2%, at $55.12 a barrel
EUROPE GAS STRATEGY: €139 BLN
2019, August, 16, 10:35:00
U.S., RUSSIA SANCTIONS AGAIN
The US is set to impose sanctions on Rosneft if it continues to trade crude oil and fuel with Venezuela's PDVSA in exchange for debt repayments and stakes in joint venture projects in the South American nation,
EUROPE GAS STRATEGY: €139 BLN
2019, August, 16, 10:30:00
ZOHR GAS OUTPUT UP TO 11.3 BCM
In H1 2019, the production on the Zohr field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.
EUROPE GAS STRATEGY: €139 BLN
2019, August, 16, 10:25:00
U.S. GAS PRODUCTION UP
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices
EUROPE GAS STRATEGY: €139 BLN
2019, August, 16, 10:20:00
U.S. OIL INVENTORIES 440.5 BBL
At 440.5 million bbl, US crude oil inventories are 3% above the 5-year average for this time of year
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