A gas-fired distributed generation project in Shanghai’s Hongqiao area. (Interfax) Supply & Demand

China bets on coal switch to drive gas growth

China is aiming to increase its use of gas in the power sector and promote it in place of coal in a move that should help revive the country’s flagging consumption of the fuel.

By Tang Tian 25 May 2016

Gas Trends

Bear market hall of fame

Natural Gas Daily examines reactions to the new bear market reality in eight countries and reviews what NOCs and IOCs are doing to limit their losses.

24 February 2016

Latest headlines by sector

Infographics

Companies & Finance

National Grid sees profits rise on French connection

National Grid saw a 19% rise in profits from its 2 GW interconnector with France for the year ending 31 March 2016, the company said in its financial results.

LNG

Restarts and imports weigh on Chinese LNG prices

The ex-works price for LNG in China edged down to RMB 2,748 per ton last week as restarts at some plants increased supply.

Pipelines, Storage & Power

African pipeline volumes plunge after maintenance

North African pipeline exports to Europe fell by 12.6% week on week in Week 21, to 708.1 MMcm, as a result of major maintenance work in Libya.

LNG

Seasonal trends bump up Asian spot LNG prices

Spot LNG prices for Asia were up by 0.91% last week from the previous week, in line with seasonal trends.

Interviews

US diplomat Amos Hochstein. (US Department of State) Global Markets

Nord Stream 2 not a ‘commercial project’ – Hochstein

Amos Hochstein, US special envoy for international energy affairs, tells Interfax gas market competition is needed across Europe and that Nord Stream 2 is unnecessary.

Naji Abi-Aad, Petroleb's chief operating officer, at LIOG 2013. (Petroleb) Exploration & Production

Petroleb to wait out Lebanon exploration delay – COO

Petroleb is waiting for Lebanon’s first offshore exploration licences and looking to buy into oil and gas assets in the region while prices are low, says COO Naji Abi-Aad.

The Cameron LNG project. Developer Sempra is confident its low costs will help it ride out the market glut. (Sempra) LNG

US not reliant on European market – Sempra LNG

American exporters will be able to compete globally given their low project costs, Sempra LNG President Octavio Simoes tells Interfax Natural Gas Daily.

Former EU energy commissioner Andris Piebalgs. (EP) EU Energy Policy

EU could face supply disruptions in 2019 – Piebalgs

The EU’s Russian gas supplies could be disrupted unless Kiev and Moscow make a new transit agreement for 2019/2020, says former EU energy commissioner Andris Piebalgs.

Opinion

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.

Mozambique may have to wait until 2021 for its ship to come in. (Anadarko) LNG

Mozambique and the ‘presource curse’

Mozambique’s economy seems to be suffering symptoms of the resource curse, but before it has actually started exporting any resources.

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

Wldcat’s Pick of the Week

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

A Talisman shale site in Poland, 2012. Polish shale may not be long for this world. (PA) Exploration & Production

Poland’s last chance for shale gas

Poland’s shale hopes rest on a final test well scheduled for June, the chief executive of PGNiG indicated this week, but failure may not be so bad after all.