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A rig in Vaca Muerta Policy & Regulation

Argentina keeps bulk of subsidies for unconventional gas

Companies have warned the Argentine government that planned revisions to subsidies will lead to losses.

8 February 2019
Pipe stringing for Trans-Adriatic Pipeline, Alexandroupoli, Greece, September 2016 Pipelines, Storage & Power

IGB construction delayed to Q2 2019

Construction work on the Interconnector Greece-Bulgaria has been delayed to the end of May 2019.

8 February 2019
LNG

Wave of big LNG capacity additions to end this year

This year will be the last in which big additions to the world’s LNG supply are made, with projects set to be brought online on the US Gulf Coast.

7 February 2019
A drilling rig in the Romanian Black Sea Exploration & Production

OMV hits pause button on Black Sea plans

The company’s spending plans for 2019 do not include investment in the region, a move that is the result of Romania’s unstable legal framework.

7 February 2019
A meeting at the SHPGX Global Markets

Shanghai exchange still playing minor role in China’s gas demand

The SHPGX continued to meet only a small proportion of China’s gas demand last year despite a record volume of the fuel changing hands on the platform.

7 February 2019
LNG

Sinopec Tianjin terminal takes China’s trucked LNG top spot

A terminal owned by a company other than CNOOC sent out the most truckloads of LNG last week for the first time in over 18 months.

7 February 2019
The Zeynep Sultan powership LNG

Indonesia harbours small-scale LNG ambitions

Indonesia is looking to establish a second small-scale LNG import project, creating the beginnings of a network of terminals across the country.

7 February 2019
Ophir Energy activity offshore Tanzania Exploration & Production

Ophir’s prized Tanzanian assets almost worthless

Medco Energi has valued Ophir at just $511 million, giving another indication that the deepwater gas in the company's Tanzania blocks might just stay in the ground.

7 February 2019
A gas compressor station at the Baumgarten hub Pipelines, Storage & Power

Baumgarten fights for share in changing market

Austria’s TSO is fighting to preserve the Baumgarten gas hub's role against attempts by Slovakia and Hungary to divert transit volumes.

7 February 2019
A drilling rig in the Australian Cooper Basin Exploration & Production

Climate risks rising for Aussie gas, LNG operators

Rising temperatures and an increase in the severity of storms, droughts and floods will increase the difficulties for Australian gas and LNG producers in the years ahead.

7 February 2019
CNOOC's LNG-fired power plant in Huizhou Daya Bay Petrochemical Industrial Park, Guangdong Policy & Regulation

Guangdong works to lower gas costs

The southern Chinese province has resorted to cutting pipeline and distribution tariffs to push end-user gas costs down as it looks to lift lagging residential and industrial gas demand.

7 February 2019
ConocoPhillips' Bayu Undan platform in the Timor Sea Exploration & Production

Australia aims to limit China’s role in Timor LNG

The prospect of China becoming more involved in East Timor is pushing Australia to increase its interest in Timor LNG.

7 February 2019
A cooling tower at a power station, West Burton, UK Policy & Regulation

Legal battle clouds future of UK power payments

The UK could be facing premature power plant closures unless the legal dispute over its subsidy scheme for generators is resolved.

7 February 2019
The Golden Pass LNG facility. (Golden Pass LNG) LNG

Golden Pass FID puts pressure on US competitors

The decision on Golden Pass LNG means Exxon and Qatar Petroleum will take additional FIDs this year, putting pressure on competing projects to do the same.

6 February 2019
Nigerian President Muhammadu Buhari at a China-Nigeria business event in September 2018. Policy & Regulation

Nigeria makes off-grid push to fix defective power sector

Nigerian President Muhammadu Buhari has inaugurated a new off-grid gas power plant, but its distribution licence overlaps with that of a much larger idle unit built by a former opposition politician.

6 February 2019
LNG

Qatar strengthens position as Europe’s main LNG supplier

Qatar increased its share of the European LNG market from 39% in Q2 2018 to 43% in Q3 2018, according to a European Commission report.

6 February 2019
LNG

Sharp drop for Chinese LNG prices

The average ex-works price of LNG produced in China fell by nearly 15% last week, to its lowest level for nearly four months.

6 February 2019
Pipelines, Storage & Power

Volumes fall on all four Africa-Europe pipelines

Gas deliveries dropped below 800 MMcm last week for the first time this year as transit declined on all routes.

5 February 2019
Work on the offshore section of TurkStream. Pipelines, Storage & Power

Ball in Hungary’s court after Bulgaria takes FID on South Stream Lite

Bulgartransgaz has taken an FID on its section of the pipeline, meaning all eyes are now on Hungary, which has yet to make progress on its segment.

5 February 2019
LNG

Asian spot LNG prices fall for sixth week

Spot prices closed the week at $7.21/MMBtu, their lowest level since April 2018.

5 February 2019

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