Midstream
![Midstream](/cache/03-21/oil-72.ee0cc123.jpg)
2021, March, 12, 11:55:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.
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2021, March, 12, 11:50:00
U.S. OIL INVENTORIES UP 13.8 MB TO 498.4 MB
U.S. commercial crude oil inventories increased by 13.8 million barrels to 498.4 million barrels.
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2021, March, 12, 11:15:00
GLOBAL COMPRESSOR MARKET 2021
The global demand for natural gas is expected to increase by 1.6%, y-o-y, for the next five years, with the consumption reaching almost 4,200 billion cubic meters (bcm) by 2025, up from 3,800 bcm in 2018.
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2021, March, 10, 11:55:00
AUSTRALIA'S LNG WILL UP
Australia exported a record 78.2 Mt of LNG in 2020, up from 77.5 Mt in 2019.
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2021, March, 10, 11:50:00
PHILIPPINES LNG TERMINAL
The project (likely a floating storage and regasification unit, FSRU) should be commissioned by mid-2022.
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2021, March, 10, 11:45:00
BANGLADESH LPG TERMINAL
The $150 million project at a deepsea port on Matarbari island, in the Bay of Bengal, is expected to be ready by 2025 and will commence operations soon after,
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2021, March, 10, 11:35:00
GREECE, CYPRUS, ISRAEL INTERCONNECTOR $900 MLN
In April 2020, EuroAfrica Interconnector initiated a €650m tender for the EPC of a 1 GW subsea HVDC line between Egypt, Cyprus, and Greece (Crete and Attica).
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2021, March, 5, 11:45:00
NORD STREAM 2: EXCEPT FOR SANCTIONS
Being able to use two pipelaying vessels will speed up work on completing Nord Stream 2, which before the Fortuna resumed work had around 150 km left to lay out of a total 2,460 km of the two-string pipeline.
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2021, March, 5, 11:25:00
U.S. OIL INVENTORIES UP 21.6 MB TO 484.6 MB
U.S. commercial crude oil inventories increased by 21.6 million barrels to 484.6 million barrels.
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2021, March, 3, 12:35:00
CHINA'S CLEAN ENERGY PLAN 1,000 GW
State Grid expects wind and solar installed capacity to hit 1,000 GW by 2030
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2021, March, 3, 12:25:00
BRITAIN'S POWER TRANSMISSION INVESTMENT €11.6 BLN
The company will invest around £10bn (€11.6bn) in its power transmission network by 2026.
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2021, March, 2, 12:20:00
ASIA'S LNG PRICES DOWN
The weekly assessment for spot LNG LNG-AS cargoes dropped to $5.60 per million British thermal units (mmBtu) in the week that ended Feb. 26, the lowest since early October and about 81% below the peak of $29 on Jan 15.
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2021, March, 1, 10:55:00
NORD STREAM 2 SANCTIONS FOR ALL
"The US has decided to put the Nord Stream 2 project in a broader geopolitical framework and is threatening all industries or parties involved in the project with sanctions," Wintershall Dea said.
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2021, March, 1, 10:40:00
ENERGY STORAGE FOR INDIA
The Central Electricity Authority (CEA) projects that solar and wind will form 51% of India’s total installed capacity, or 420GW, by 2030, with biomass and small hydro adding another 30GW, while the IEA’s India Energy Outlook 2021 says that India could add 900GW of renewable capacity by 2040.
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2021, February, 26, 11:45:00
CHINA'S COAL IMPORTS UP
China had the highest gain in coal imports from the U.S. among the top destinations in the fourth quarter of 2020. The Asian country imported 1.0 Mt of coal from the U.S. during the period, a 251.8% increase year over year and a 748.2% jump quarter over quarter.