LNG exports will continue to lead the growth in U.S. natural gas exports and average 12.2 billion cubic feet per day (Bcf/d) in 2022.

China imported nearly 400,000 tonnes from Russia in February, and 264,000 tonnes in January.

Crude exports rose to 7.307 million b/d in February, the highest since the record 10.237 million b/d, from 6.996 million b/d in January, the JODI data published April 18 showed. Production climbed to 10.225 million b/d from 10.145 million b/d.

To meet the strong domestic demand, South Korea's LNG imports led by Kogas jumped 18% year on year to 4.992 million mt in March despite higher imports prices, as part of efforts to build up stockpiles amid rising import prices due to the ongoing Ukraine-Russia crisis.

A requirement to function through a 10-day period of low/no wind and solar and to recharge storage over the succeeding 10-day period, with a 20% capacity reserve margin, would require renewable generating capacity approximately 2.4 times peak demand on the grid.

В текущей ситуации особое внимание уделяется обеспечению бесперебойной работы электроэнергетического комплекса, что в значительной степени является залогом комфорта наших граждан.

Putin's decree imposed an obligation on EU gas buyers to open at least two special accounts - one for euros or dollars and one for roubles - with Gazprombank and channel all gas payments through the bank.

China has increased its pipeline gas imports from Russia to 43 million cu m/day or around 15 Bcm/year since December 2021,

China's crude imports in the first quarter averaged 10.41 million b/d, down 8.1% year on year.

Algeria will gradually provide increasing volumes of gas to Italy from 2022, up to 9 bcm/year in 2023-24.

U.S. commercial crude oil inventories increased by 9.4 million barrels to 421.8 million barrels.

For 2022, world oil demand growth is revised down by 0.5 mb/d to stand at 3.7 mb/d, mostly reflecting the downward revision in world economic growth. Oil demand growth is forecast at 1.9 mb/d in the OECD and 1.8 mb/d in the non-OECD.

Even before the Ukraine war had Europe scrambling for alternatives for Russia's oil and natural gas, Qatar's ambitions to grow its LNG business were coinciding with burgeoning energy demand by western countries amid the recovery from the pandemic.

Germany and Europe's dependence on Russian natural gas supplies cannot be eliminated in the short term without considerable economic damage.

Up until now, Europe has not announced an energy emergency plan. However, the latest figures show that Europe's gas storage capacity is only 26% full.