Supply & Demand

US increases pipeline capacity to Mexico

The United States has increased its pipeline capacity for gas exports to Mexico to 207 MMcm/d.

2 December 2016
LNG

US DOE authorises Magnolia LNG for non-FTA exports

The United States DOE has granted authorisation for the proposed Magnolia LNG project in Lake Charles, Louisiana to export LNG to non-FTA countries .

2 December 2016
Global Markets

Indonesia withdraws from OPEC over production limits

Indonesia has temporarily withdrawn from OPEC following the organisation’s decision to cut global production by 1.2 million barrels of oil per day next year.

2 December 2016
LNG

Samsung Heavy Industries cancels FPSO order

South Korea’s Samsung Heavy Industries is cancelling a KRW 907.6 billion order from an unconfirmed European company for an FPSO unit.

2 December 2016
Policy & Regulation

Pakistan should prioritise gas for industry this winter – executives

Pakistani industrial executives have urged the government to prioritise supplying gas to industry over the winter.

2 December 2016
Pipelines, Storage & Power

India’s pipeline network to double over next five years – minister

India’s gas pipeline network is expected to double in size over the next five years.

2 December 2016
LNG

Höegh LNG to install FSRU at Ghana’s Accra port

Norway-based Höegh LNG has been awarded a contract to install an FSRU at Ghana’s Accra port.

2 December 2016
Exploration & Production

EGPC accepts six exploration bids

Egyptian General Petroleum Corp. has accepted six bids from IOCs to carry out oil and gas exploration in Egypt.

2 December 2016
Exploration & Production

Ghadir in negotiations to develop two Iranian fields

Iran-based company Ghadir is in negotiations with State Oil Company of Azerbaijan Republic, Lukoil, Gazprom and Eni to develop two fields in Iran.

2 December 2016
Pipelines, Storage & Power

Turkish parliament ratifies Turkish Stream development agreement

Turkey’s parliament has ratified an agreement for the development of the Turkish Stream gas pipeline.

2 December 2016
Supply & Demand

Armenia plans to alter Russian gas contract pricing

The Armenian government has approved the signing of a protocol to make changes to its agreement with Russia for formulating gas prices.

2 December 2016
Supply & Demand

Gazprom exports to non-CIS countries up 11.8%

Gazprom exported 161.6 billion cubic metres of gas to non-CIS countries between January and November 2016, up by 11.8% compared with the same period in 2015.

2 December 2016
Global Markets

Russia increases oil and gas condensate production

Russia produced 500.1 mt of oil and gas condensate in the first 11 months of 2016, 2.4% more than in the same period last year.

2 December 2016
Global Markets

Gazprom offers to balance Russia’s gas market

Gazprom has volunteered to take on the role of balancer on the Russian gas market.

2 December 2016
The Fessenheim nuclear power plant in France. Fessenheim 1 will be taken offline in the coming weeks. (PA) Alternative Fuels

France plans more nuclear outages as winter sets in

France’s nuclear output is at its lowest level for 10 years and more reactors are set to be taken offline soon, leaving gas to plug the gap.

2 December 2016
Anadarko and the other shareholders in Mozambique‘s Offshore Area 1 are waiting on key approvals. (Anadarko) LNG

Key approvals still pending for Mozambique LNG

Anadarko hopes its Mozambique LNG resettlement plan will be put to the Council of Ministers next week.

2 December 2016
Commissioners Maroš Šefcovic (left) and Miguel Arias Cañete at the launch. (EC) EU Energy Policy

Winter package sends mixed signals on gas

The European Commission’s ‘Winter Package’ of legislation for the electricity market has advantages and disadvantages for the gas industry.

2 December 2016
The North Rankin platform, part of the North West Shelf project. (Woodside) Policy & Regulation

Australia’s resource tax regime – too little, too late?

Australia is exporting more LNG than ever before, but tax issues may mean it is missing out on the economic gains of the boom.

2 December 2016
LNG

French export credit agency allowed to finance Yamal

French economy minister Michel Sapin has agreed in principle to allow French export credit agency Coface to take part in financing Russia’s Yamal LNG project.

1 December 2016
LNG

Cyprus’s DEFA selects Gaffney, Cline & Associates for LNG study

Cyprus’s state-owned Natural Gas Public Co. has selected Gaffney, Cline & Associates to carry out an independent study into importing LNG.

1 December 2016

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