Midstream
![Midstream](/cache/03-21/britain-52.98865fb7.jpg)
2021, March, 18, 12:40:00
BRITAIN BUYING GRID $11 BLN
The British company, whose businesses supply gas and electricity to millions of customers, said the deals would increase the proportion of its assets in electricity to 70% from 60%.
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2021, March, 17, 14:30:00
NORD STREAM 2 CONTINUATION
The consortium behind Nord Stream 2 has pushed ahead with construction despite growing political pressure.
![Midstream](/cache/03-21/lng-21.5c248077.jpg)
2021, March, 16, 12:40:00
U.S. LNG FOR ASIA UP
LNG exports to Asia increased 67% in 2020 compared with 2019, accounting for almost half, or 3.1 Bcf/d, of all U.S. LNG exports.
![Midstream](/cache/03-21/lng-14.c017d2ce.jpg)
2021, March, 16, 12:35:00
RUSSIA'S LNG FOR BRITAIN
Under the carbon-neutral arrangements, Gazprom and Shell in partnership offset the carbon footprint of the cargo with VCS (Verified Carbon Standards) and CCB (Climate, Community and Biodiversity) emission certificates.
![Midstream](/cache/03-21/lng-13.6d93845a.jpg)
2021, March, 15, 10:45:00
QATAR LNG PROJECT
The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system.
![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.
![Midstream](/cache/03-21/oil-73.e7e207f6.jpg)
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.
![Midstream](/cache/03-21/market-1.d4b1bc93.jpg)
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.
![Midstream](/cache/03-21/australia-91.c1447a28.jpg)
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.
![Midstream](/cache/03-21/philippines-1.c688079d.jpg)
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.
![Midstream](/cache/03-21/bangladesh-2.50b35e89.jpg)
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,
![Midstream](/cache/03-21/electricity-36.2db5d0fb.jpg)
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).
![Midstream](/cache/03-21/nord-stream-145.829b1128.jpg)
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.
![Midstream](/cache/03-21/usa-31.ab64cdce.jpg)
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.
![Midstream](/cache/03-21/china-21.43a9baaa.jpg)
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