Natural Gas Daily

Advertisement

Latest headlines by sector

Exploration & Production Phase 12 of the South Pars field. Iran’s plans to develop the offshore Durra field have met objections. (Pars O&G)

Offshore gas fields heighten Iran-GCC tensions

Kuwait has objected to Iranian plans to develop a gas field that straddles several maritime borders, and other GCC states may follow suit.

Supply & Demand Barcelona’s regasification facility. Spain is set to import more LNG. (Enagas)

Cheaper LNG set to reach UK and Spain first

The UK and Spain are offering much more attractive markets for the expected influx of LNG volumes than their southern European neighbours.

Policy & Regulation The Dunkirk LNG terminal. It is slated to begin operations before the end of the year. (EDF)

French wholesale gas market braces for change

The merger of two of France’s pricing hubs and a new LNG terminal will change the playing field for the country’s gas market.

Companies & Finance CNOOC, Sinopec and PetroChina have so far stayed out of the wave of deal making spurred on by low oil prices. (CNOOC)

Low oil prices lure China’s NOCs back into M&A

The allure of the lowest crude oil prices in six years could tempt China’s energy giants to spend again on overseas acquisitions, despite a sharp decline in profit in the first half of 2015.

Global Markets Mozambique is hoping to fully capitalise on the development of the Rovuma Basin gas finds. (Anadarko)

Foreign labour red tape could delay Moz LNG projects

Mozambique’s decree law will allow the import of expats beyond the usual legal quotas, but inconsistent application of the law threatens LNG projects.

EU Energy Policy Miguel Arias Cañete, EU commissioner for climate and energy, at the press conference (European Commission).

EC urges more action ahead of Paris summit

The European Commission has called on several nations to urgently come forward with ambitious emissions reduction plans before the COP21 UN climate summit.

LNG

US bank forecasts bearish outlook for LNG prices

Falling gas demand and increasing liquefaction capacity have left a bearish outlook for LNG prices in the short-to-medium term, according to Bank of America Merrill Lynch.

LNG

Chinese LNG supply tight after Tianjin blasts

LNG supply was tight in the east and north, after the Rudong and Ningbo terminals cut LNG sales and the Tianjin explosions slowed LNG deliveries from the local FSRU to Hebei customers.

Supply & Demand

North African flows via MEG offset reduced Trans-Med volumes

Piped gas volumes to Europe from North Africa rose by 1.6% in Week 34 from a week earlier to 614.8 MMcm.

Advertisement
IGas Energy Chief Operating Officer John Blaymires. (IGas Energy) Exploration & Production

UK shale is still a risky business – IGas COO

John Blaymires, chief operating officer at UK-based oil and gas exploration and production company IGas Energy, tells Interfax about the future of the shale industry in the UK.

A rig off the Brazilian coast. The country will hold a new bidding round on its pre-salt acreage by 2017. (Petrobras) Policy & Regulation

Pre-salt will be Rio’s economic engine

Rio de Janeiro will capture billions of dollars of investment related to pre-salt exploration and production, a senior manager from a key industry organisation tells Interfax.

BG Group, Shell and BP already operate in Egypt and have LNG supplies. (BG Group) Policy & Regulation

New Egyptian regulator plans January launch

Amira el-Mazni, head of Egypt’s new gas regulator, tells Interfax about the government’s plans for opening up the gas market to private suppliers.

Artist's impression of a Hoegh FSRU at a jetty. Down says FSRUs are a good solution for countries with low power demand. (Hoegh LNG) LNG

COP21 may boost LNG-to-power – Norton Rose

A global deal on CO2 emissions at December’s Paris summit could accelerate the development of LNG-to-power projects, Chris Down, a partner at law firm Norton Rose Fulbright, tells Interfax.

EU policymakers will be back from their summer break next week. (European Parliament) EU Energy Policy

Gas to shape this autumn’s EU debates

With gas supply talks between Russia and Ukraine at a standstill, the security of this winter’s energy supply will be high on the EU’s agenda when policymakers return to Brussels from their summer break next week.

Wildcat gives you a head-start on the coming week Global Markets

Wildcat’s Pick of the Week

Wildcat gives you a head-start on the week and a round-up of what mattered last week.

The National Iranian Gas Co.’s stand at this year’s World Gas Conference. The country is eager to open up to IOCs. (Interfax) Exploration & Production

Quick to love, slow to trust

Although Iran is keen to invite IOCs to develop its huge oil and gas resources, global majors will have to be patient for now.

Wildcat gives you a head-start on the coming week Global Markets

Wildcat’s Pick of the Week

Wildcat gives you a head-start on the week and a round-up of what mattered last week.