Natural Gas Daily

• China Oil and Gas adds to distribution portfolio
  17 Jun 2013 12:09 GMT
  

  China City Natural Gas – a joint venture between China Oil and Gas Group and Kunlun Energy – has been awarded exclusive concession rights to distribute piped gas in four areas of Dafeng city in Jiangsu province.

• China ventures into shale gas equipment sector
  17 Jun 2013 12:05 GMT
  

  The uncertainty surrounding shale gas development in China has not stopped coastal Shandong province and Chongqing municipality from advancing plans to construct major manufacturing bases geared towards providing equipment to the shale gas industry.

• PetroChina to form $6.5 billion pipeline JV
  17 Jun 2013 11:53 GMT
  

  PetroChina will form a new RMB 40 billion joint venture with China’s fourth-largest insurer and an energy focused investment fund to build oil and gas pipelines.

• China terminals ride LNG sales surge amid tight market supply
  17 Jun 2013 11:48 GMT
  

  LNG sales at China’s coastal receiving terminals are up from May thanks to tight supply in the local LNG market, according to a Chinese energy consultancy, bucking a trend from previous years that saw shipments of the fuel from terminals decline in June.

• EBRD agrees to co-fund Ukrainian city networks project
  14 Jun 2013 15:35 GMT
  

  The European Bank for Reconstruction and Development will lend €20 million to Ukrainian regional utility Lvivteploenergo for the modernisation and renovation of existing district heating infrastructure in Lviv, the EBRD’s press service has said.

• Venezuela agrees new debt facilities to fund production rise
  14 Jun 2013 15:32 GMT
  

  Venezuela has secured a new package of $6 billion in loans to support the development of hydrocarbon projects in the country.

• China hypes methane hydrates despite industry ambivalence
  14 Jun 2013 15:27 GMT
  
  
  Following Japan’s major discovery of methane hydrates in March, China is keen to tap into the fuel, having identified resources of approximately 100 billion cubic metres of oil equivalent.
• DOE to decide on all LNG export permits by year-end
  14 Jun 2013 14:37 GMT
  

  The United States government has given itself until the end of 2013 to decide whether or not to grant export permits to a list of 20 LNG projects all hoping to sell gas to non-free trade agreement countries, the newly appointed Energy Secretary Ernest Moniz said on Thursday.

• Confusion behind DEPA’s failed Gazprom sale
  14 Jun 2013 14:33 GMT
  
  
  Claim and counter-claim from the Greeks, Russians and observers leaves a confused picture of why Gazprom decided not to buy DEPA. Politics may be a factor, but it could simply be economics
• Analysts warn that Mtwara problems ‘not going away’
  14 Jun 2013 14:31 GMT
  

  The gas industry in Mtwara – the main port servicing vessels involved in offshore exploration work – has yet to be directly affected by the recent riots against a gas pipeline linking the region with Tanzania’s commercial capital Dar es Salaam.

• UK energy: From deregulation to re-regulation
  14 Jun 2013 14:18 GMT
  
  
  UK authorities have vowed to intervene in energy markets to secure future investments. Is this the end of the liberalised market as we know it?
• AWE’s exploration opportunities taking shape
  14 Jun 2013 12:43 GMT
  
  
  Interfax speaks to Bruce Clement, managing director of Australian explorer AWE, about the company’s unconventional exploration in Western Australia’s Perth Basin and offshore exploration in Indonesia
• Chart Insight: Decline in Canadian gas exports limits US consumption
  14 Jun 2013 11:51 GMT
  

  Canadian gas exports to the United States declined by 5.3% to 26.7 billion cubic metres in the first four months of 2013, compared with the same period in 2012.

• Shale is on agenda for India’s energy mix
  14 Jun 2013 11:17 GMT
  
  
  The dominance of coal in India’s energy mix will be a hurdle to the country becoming a gas-based economy, despite its ambitions to develop domestic shale gas resources.
• Foster Wheeler to bring SNG technology to China
  14 Jun 2013 10:40 GMT
  

  Swiss-based engineering conglomerate Foster Wheeler has agreed to license its VESTA substitute natural gas process for a pilot SNG plant in China, becoming the latest foreign firm to bring proprietary technology to China as interest in the country’s coal-to-gas industry gathers momentum.