TurkStream, which is laid in the Black Sea, is a link between the gas transmission systems of Russia and Turkey. The gas pipeline has two strings with a combined throughput capacity of 31.5 billion cubic meters. The first string will deliver gas to Turkey, while the second string is intended for gas transit to southern and southeastern Europe through Turkish territory.

U.S. natural gas exports reached new highs in 2019, driven by LNG exports.

In 2019, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.57 per million British thermal units (MMBtu), about 60 cents per MMBtu lower than in 2018 and the lowest annual average price since 2016.

Russia is poised to officially open its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.

Aramco has vowed to pump almost $160 billion into growth in the natural gas sector over the next decade, with a sizable portion of that money to be designated for LNG projects overseas.

expects India's oil demand to grow by 170,000 b/d in 2020, up from 155,000 b/in 2019.

Gazprom has done everything in its power, once again proving its reputation as a responsible supplier and a reliable partner.”

Gazprom and Naftogaz entered into an agreement to arrange for the transmission of gas across Ukrainian territory. Naftogaz is thus acting as the transit organizer and assuming the associated risks.

China's LNG growth rate has almost halved to 27pc for 2018-19 and the signs are that growth is continuing to decelerate.

The preliminary level for dry natural gas production in October 2019 was 2,952 billion cubic feet (Bcf), or 95.2 Bcf/d.

a blockchain-based peer-to-peer energy trading system, has been approved to conduct a 12-month pilot program for energy trading

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"This agreement extends Qatar's long standing LNG supply relationship with Kuwait well into the 2030's and highlights our commitment to meeting Kuwait's LNG requirements," Saad al-Kaabi, minister of state for energy affairs and the CEO of Qatar Petroleum, said in a statement

The project, expected to start up in 2024, will increase Nigeria's LNG output capacity by 35% from current levels of 22.5 million mt per year to over 30 million mt per year, NLNG said.

“Of course we will finish building (the pipeline)... Gazprom has alternative options for how to lay it. It will take a little more time, but that’s no big deal,” Medvedev told journalists, adding that it could take a couple more months.