Natural Gas Daily

• BG looks to prioritise ‘value over volume’
  14 May 2013 15:29 GMT
  
  
  BG Group appears to be following the lead of other European oil and gas companies by shifting the focus of its business away from production targets towards value creation.
• PGNiG posts net profit rise to $334 mln in Q1
  14 May 2013 14:21 GMT
  

  Polish gas monopoly PGNiG posted a rise in profits for Q1 2013 to PLN 1.07 billion ($334 million) on Tuesday…

• OMV earnings helping to fund upstream investment – CEO
  14 May 2013 14:20 GMT
  

  Austria’s OMV has said its earnings for Q1 2013 rose year on year as the company shifts its strategic focus from downstream activities to higher-stake upstream projects in the Black Sea and beyond.

• Dhaka wants to extend Qatar Petroleum LNG MOU by two more years – official
  14 May 2013 13:41 GMT
  

  The Bangladeshi government wants to extend a memorandum of understanding with Qatar to import 4 mtpa of LNG by two…

• US shale revolution has eased oil-reliance fears – Aramco CEO
  14 May 2013 13:40 GMT
  

  The chief executive of Saudi Aramco, Khalid al-Falih, has told the Financial Times the US shale revolution has helped ease…

• Dana Gas reports $66 mln net profit
  14 May 2013 13:38 GMT
  

  Dana Gas reported a net profit of $66 million in Q1 2013, an increase of 17% compared with the $56…

• Ankara-Irbil deal may be publicly acknowledged
  14 May 2013 13:37 GMT
  

  A secret deal for Turkish energy companies to take stakes in oil and gas fields in the Kurdistan Region of…

• BOI cuts interest rates to counter Tamar impact
  14 May 2013 13:35 GMT
  

  The Bank of Israel (BOI) has launched a foreign exchange purchase programme to counter the impact of gas production from the Tamar field on the Israeli economy.

• Japan’s fuel bill to soar on monetary easing
  14 May 2013 12:40 GMT
  
  
  Energy analysts told Interfax that Japanese utilities are set to pay a steep price for Shinzo Abe’s aggressive monetary expansion
• Henry Hub continues to fall; rig counts at 18-year low
  14 May 2013 12:36 GMT
  

  The Henry Hub’s April rally came to a shuddering halt this month as the front-month contract fell to a six-week low after two weeks of large storage injections.

• China’s majors make waves in LNG shipping
  14 May 2013 12:35 GMT
  
  
  A strong outlook for LNG shipping activity and energy security concerns are driving China’s state-owned LNG importers into the booming market for LNG carriers.
• HRT CEO resigns
  14 May 2013 11:21 GMT
  

  Chief Executive Marcio Rocha Mello of Brazilian independent company HRT Participações em Petróleo, which is exploring the country’s Amazon rainforest…

• Chevron seeks solution to Argentine asset freeze
  14 May 2013 11:20 GMT
  

  US major Chevron is seeking to circumvent legal obstructions to a potential partnership with Argentine state-controlled YPF, the Financial Times

• Trafigura mops up Mexican LNG tender
  14 May 2013 11:00 GMT
  

  Mexico may import up to 53 LNG cargoes this year, which is three more than 2012, according to Interfax calculations and the results of a tender organised by state-controlled utility Comision Federal de Electricidad (CFE) earlier this month.

• Wildcat’s Pick of the Week
  13 May 2013 16:17 GMT
  
  
  Evert Monday, Wildcat gives you a headstart on the coming week, as well as a round-up of what mattered last week.