Midstream
![Midstream](/cache/02-21/oil-6.f071b35c.jpg)
2021, February, 12, 12:10:00
U.S. OIL INVENTORIES DOWN 6.6 MB TO 469.0 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
![Midstream](/cache/02-21/turkey-2.a0dbaa5a.jpg)
2021, February, 12, 11:50:00
TURKEY IS STRATEGICALLY IMPORTANT
Turkey is a strategic European Union ally that helps the bloc's security and stability and provides diversification of energy resources,
![Midstream](/cache/02-21/usa-19.948ddf86.jpg)
2021, February, 11, 14:25:00
U.S. OIL IMPORTS WILL UP
U.S. increases in net crude oil imports in 2021 and 2022 because domestic crude oil production and inventory draws alone will not meet the needs of U.S. refineries.
![Midstream](/cache/02-21/nord-stream-142.ac8aec9d.jpg)
2021, February, 10, 11:50:00
NORD STREAM 2: EASING OF SANCTIONS
Germany was willing to considerably increase its financial support for LNG infrastructure by up to Eur1 billion ($1.2 billion). In exchange, the US would allow the "unhindered construction and operation" of Nord Stream 2.
![Midstream](/cache/02-21/lng-7.f0b5f48a.jpg)
2021, February, 10, 11:35:00
LNG DEFICIT
Novatek expects worldwide LNG demand to continue to grow even as countries decarbonise their energy systems.
![Midstream](/cache/02-21/lng-6.6187743c.jpg)
2021, February, 9, 15:40:00
LNG PRODUCTION DOWN
LNG Canada initially is to consist of two trains that together would provide 14 million metric tons/year of gas.
![Midstream](/cache/02-21/turkey-101.92ce4574.jpg)
2021, February, 9, 15:30:00
RUSSIA'S TURKSTREAM FOR EUROPE
Like the Nord Stream and Nord Stream 2 pipeline projects, TurkStream was designed to enable Russian gas to reach European markets without having to flow through Ukraine.
![Midstream](/cache/02-21/nord-stream-140.9ca40a3f.jpg)
2021, February, 8, 12:50:00
GERMANY SUPPORTS NORD STREAM 2
Germany's position is that Nord Stream 2 is a commercial project. However, Merkel expanded on her description of the pipeline, which she said she discussed openly with Macron.
![Midstream](/cache/02-21/nord-stream-141.e6dcadf1.jpg)
2021, February, 8, 12:45:00
NORD STREAM 2: U.S., GERMANY NEGOTIATION
Reports this week in the German press suggested the administration of new US President Joe Biden would be open to direct negotiations with Germany over the pipeline.
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2021, February, 5, 12:40:00
OIL REMAINS THE FUEL
Petroleum remains the most-consumed fuel in the United States, as energy-related carbon dioxide emissions dip through 2035 before climbing in later years.
![Midstream](/cache/02-21/usa-14.4d5e7834.jpg)
2021, February, 4, 16:30:00
U.S. OIL INVENTORIES DOWN 1.0 MB TO 475.7 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
![Midstream](/cache/02-21/nord-stream-139.736cdcbf.jpg)
2021, February, 4, 16:25:00
NORD STREAM 2 SANCTIONS AGAIN
France's Engie is one of five European energy companies that have lent financial support to Nord Stream 2, which remains incomplete with some 150 km left to lay in Danish and German waters.
![Midstream](/cache/02-21/lng-5.1bc75a95.jpg)
2021, February, 3, 12:50:00
RUSSIA'S LNG POTENTIAL 140 MLN TONS
Developing the potential LNG projects will allow Russia to almost triple LNG production by 2035 and produce additional 2.5 trillion cbm of gas by 2040.
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2021, February, 3, 12:20:00
SERBIA ENERGY INVESTMENT $12 BLN
The main priority for the government is the construction of medium-sized and large hydropower plants because they will provide sustainable energy during the energy transition period, she noted.
![Midstream](/cache/02-21/lng-4.b40a864c.jpg)
2021, February, 2, 12:05:00
U.S. LNG GROWTH FOR CHINA
December was the first time China had been the top monthly US destination since deliveries resumed in April 2020 following a 13-month pause due to tariffs.