Archive: Natural Gas News and Analysis
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Questions loom over sustainability of Argentina’s gas subsidies
The landslide victory of Argentina’s incumbent President Cristina Fernández de Kirchner in Sunday’s primary elections has dashed hope for rapid…
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Gazprom ups exports to Europe 21% in Q2
Exports of Russian gas to non-CIS countries climbed 21% in the second quarter of 2011, Gazprom reported on Tuesday…
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Iraq gas-gathering project to cost $17 billion
The Basra Gas Company (BGC) is expected to produce 2 billion cubic feet per day (56.6 million cubic metres per…
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Logbaba reaches the final hurdle after 56 years
The completion of Cameroon’s first gas-to-power project would provide the country’s industry with much-needed access to a cheaper, cleaner source of fuel, but as it nears completion a few stumbling blocks still remain. -
DONG sees earnings rise on higher gas prices
Danish oil and gas company DONG recorded earnings before interest and tax (EBITDA) of DKK 9.1 billion ($1.8 billion) in…
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Fixed prices may hurt Petrobras investment
An analyst has warned that Brazil’s policy of fixed prices at the pump may affect state-controlled giant Petrobras’s future oil…
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Russia offers Belarus reduced gas price formula from 2012
Russia has agreed to lower its gas prices for Belarus, and will receive Russian gas at a discount from 2012…
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PetroVietnam gets green light for 50% production boost
State-controlled company PetroVietnam has reportedly received approval from the country’s government to increase its oil and gas production by up…
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China’s gas-fired installed capacity to hit 60 GW by 2015
The total installed capacity of China’s gas-fired power plants is expected to more than double from the present 28 to…
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Arrow Energy awards FEED contract for CBM-LNG project
Arrow Energy’s plan to construct a multi-billion dollar LNG export plant on Curtis Island off Gladstone in Central Queensland has…
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NNPC confirms plans to sell stake in Brass LNG
Nigerian National Petroleum Corp. (NNPC) will reduce its 49% stake in the Brass LNG project by 19% as it seeks…
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Yining City begins receiving natural gas from WEP II
Yining City in the Xinjiang Uyghur Autonomous Region has started receiving natural gas after linking to the second West East…
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Sinopec to expand annual production capacity at Yuanba gas field
Sinopec expects annual production capacity at Yuanba gas field to reach 1.7 billion cubic metres (60 billion cubic feet) by…
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CNPC earmarks $47 billion for Xinjiang Province’s development
China National Petroleum Corp. (CNPC), China’s largest oil and gas producer, is expected to deploy RMB 300 billion ($46.93…
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Russia offers Belarus reduced gas price formula from 2012
Belarus will receive Russian gas at a discount from 2012 in view of its membership of the Customs Union, Russian…
