Natural Gas Daily

• Commodity price transparency under threat
  17 May 2013 15:15 GMT
  
  
  Price reporting agencies are under intense scrutiny after allegations of price manipulation. However, heightened regulation is not necessarily the solution for improved market transparency
• Gas price arbitrations: beware the outlier
  17 May 2013 14:51 GMT
  
  
  Buyers appear to have been the main beneficiaries of recent gas pricing disputes in Europe, but both buyers and sellers are at risk of an ‘outlier’ ruling that could severely hurt their bottom lines.
• GE, Morgan Stanley supply debt to Texas-focused producer
  17 May 2013 14:35 GMT
  

  GE Energy Financial Services has agreed to lead a funding programme to supply Dallas-based developer SND Consolidated Energy with a…

• Nine lend on drilling rig acquisition deal
  17 May 2013 14:34 GMT
  

  UK-based Standard Chartered Bank acted as coordinating bank on a $1.85 billion bridge financing package supplied to SapuraKencana, a Malaysia-based…

• Market sounding launched for Bulgaria/Greece link
  17 May 2013 14:33 GMT
  

  The sponsors behind the Bulgarian and Greek joint venture interconnector project IGB launched a two-phase market test for the allocation of capacity this week.

• Legislation set to approve fracking for ‘86%’ of Germany
  17 May 2013 14:26 GMT
  

  A deal to push legislation governing Germany’s shale gas sector through the Cabinet Office in Berlin has been reached between the ruling CDU and FDP parties, a Bundestag source told Interfax on Friday.

• Delek reports ’significant signs’ of gas at Israel’s Karish prospect
  17 May 2013 14:23 GMT
  

  Delek Energy has reported “significant signs” of gas at the Alon C/366 licence, offshore Israel.

• Exxon, KRG yet to confirm Turkish exploration deals
  17 May 2013 14:20 GMT
  

  ExxonMobil will not confirm if it has reached a deal with state-owned Turkish Petroleum Corp. to jointly explore for oil and gas in six blocks in Iraqi Kurdistan.

• China assumes low profile in ConocoPhillips results
  17 May 2013 14:17 GMT
  

  ConocoPhillips said output growth in China has been aided by additional wells coming online at the Panyu offshore project in the South China Sea in Q1 results this week, while characterising operations at the once-troubled Penglai 19-3 field as “normal”.

• China strives to streamline CBM framework
  17 May 2013 14:15 GMT
  
  
  Michael Jones, business development director with London-listed CBM developer Fortune Oil, speaks to Interfax about Chinese CBM and the status of Fortune’s merger with gas distributor China Gas Holdings.
• WSC representative of the US gas production trend
  17 May 2013 13:57 GMT
  

  Marketed gas production in the United States declined by 1.3% in the first two months of 2013 on an annual basis, according to the latest data from the Energy Information Administration.

• Second force majeure of 2013 declared at Nigeria LNG
  17 May 2013 12:25 GMT
  

  Yet another force majeure has been declared on feedgas supplies to the Nigeria LNG liquefaction facility, cutting output by around 50%, operator Shell Petroleum Development Co. of Nigeria announced this week.

• Argentine government plays it cool as rationing returns
  17 May 2013 10:26 GMT
  

  Gas rationing returned to Argentine industry this week with the onset of a cold snap, although the country’s government played down the importance of supply cuts on Thursday.

• Los Ramones pipelines to allow Mexican imports from US to triple
  17 May 2013 10:01 GMT
  

  The construction of the Los Ramones pipeline from southern Texas to the central Mexican state of Guanajuato for state-run company…

• Enarsa president resigns
  17 May 2013 10:00 GMT
  

  Exequiel Omar Espinosa, the president of Argentine state agency Enarsa, which is responsible for the country’s LNG imports, resigned on…