Midstream
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2020, March, 12, 13:00:00
GLOBAL OIL DEMAND 2020: 99.73 MBD
Total global oil demand is now assumed at 99.73 mb/d in 2020, with 2H20 forecast to see higher consumption than 1H20. Considering the latest developments, downward risks currently outweigh any positive indicators and suggest further likely downward revisions in oil demand growth, should the current status persist.
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2020, March, 11, 12:05:00
U.S. GAS PRODUCTION UP 10%
U.S. natural gas production grew by 9.8 billion cubic feet per day (Bcf/d) in 2019
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2020, March, 11, 12:00:00
U.S., CHINA LNG DOWN
Asian LNG prices hit historic lows in February, the benchmark price for spot-traded LNG in Northeast Asia, falling to $2.71/MMBtu on underlying weak Asian demand compounded by mild temperatures and the coronavirus.
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2020, March, 11, 11:55:00
U.S., RUSSIA'S LNG COMPETITION
In late February, the Spanish energy companies Repsol SA and Endesa SA rejected a hefty deal on the purchase of 200 million cubic metres of LNG from the biggest US liquefied natural gas exporter Cheniere Energy Inc.
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2020, March, 6, 12:30:00
U.S. OIL EXPORTS +45%
U.S. crude oil exports averaged 2.98 million barrels per day (b/d) in 2019,
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2020, March, 6, 12:25:00
U.S. LNG LIMITATION
"Last year was the best year for [final investment decisions] for the US LNG industry ever,"
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2020, March, 6, 12:20:00
NORD STREAM 2 EXTENSION
Construction works on the 55 Bcm/year Russian Nord Stream 2 pipeline linking Russia to Germany via the Baltic Sea were abruptly interrupted in late December after the US government implemented new sanctions threatening measures against contractors building the project.
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2020, March, 4, 09:50:00
IRAQ'S OIL EXPORTS 3.9 MBD UP 5.6%
Iraq's total exports, which include those of Kurdistan, reached 3.873 million b/d in February, up from 3.667 million b/d in January,
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2020, March, 4, 09:45:00
VENEZUELA'S OIL EXPORTS UP 9%
Venezuela's oil exports increased to 1.046 million barrels per day (bpd) last month from 960,000 bpd in January,
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2020, March, 4, 09:30:00
RUSSIA, BULGARIA GAS PRICE DOWN 40%
Bulgaria imports 2.9 billion cubic meters of gas from Russia per year under a long-term contract valid through 2022.
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2020, February, 28, 15:40:00
INDIA'S LNG UP
In January 2020 India commissioned its sixth liquefied natural gas (LNG) import terminal, Mundra LNG
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2020, February, 21, 12:20:00
GLOBAL LNG MARKET UP 12.5%
Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.
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2020, February, 21, 12:15:00
EUROPE'S GAS STORAGE LEVEL: +48%
European natural gas storage levels are 48% higher than the five-year (2015–19) average for February, largely a result of unseasonably warm weather in recent months and higher-than-average imports in 2019.
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2020, February, 19, 11:55:00
GLOBAL OIL DEMAND 2020: 100.73 MBD
Oil demand growth in 2020 is revised down by 0.23 mb/d from the previous month’s assessment. With this, global oil demand is now forecast to grow by 0.99 mb/d and average 100.73 mb/d for 2020,
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2020, February, 19, 11:50:00
GLOBAL PETROLEUM DEMAND WILL UP BY 1.0 MBD
EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.