The Rough storage facility off the UK coast. The site has suffered technical problems. (Centrica) Price Drivers

UK could face price spikes in cold weather

A cold spell could cause price spikes in the UK, given issues at the Rough storage site, French nuclear shutdowns and cuts at Groningen.

Polish politician Piotr Naimski has said his country is not eager to extend its gas supply contract with Russia. (EP) Fundamentals

Third time lucky for the Baltic Pipe project?

Plans to bring Norwegian gas to Poland via Denmark have re-emerged for a third time, with the partners aiming for startup by 2022.

BC official discussing LNG partnerships in Asia

British Columbia Deputy Premier Rich Coleman is in Asia this week to meet LNG buyers and discuss potential partnerships.

21 October 2016

China’s NDRC calls for max output this winter

China’s state economic planner, the National Development and Reform Commission, has asked the country’s NOCs to produce at maximum output at major gas fields during winter.

21 October 2016

Japanese bank to loan up to $3.7 bln to Indoensia

The Japan Bank for International Cooperation will give Indonesia up to $3.7 billion in loans this year.

21 October 2016

Zimbabwe told to clear up its debts

Zimbabwe has been given a stern warning by South Africa’s Eskom and Mozambique’s Hydro Cahora Bassa to clear up unpaid arrears from power imports.

21 October 2016

Gazprom will keep on drilling in Tajikistan

Gazprom plans to continue drilling in Tajikistan despite unsuccessful results at four blocks in the Central Asian country.

21 October 2016

Nord Stream 2 will avoid German sanctions – project company

The project company behind the Nord Stream 2 expansion is confident the pipeline will not be subject to German sanctions.

21 October 2016
Alexei Miller (left) inspects pipe. Pipelines are helping Gazprom in its fight for market share. (Gazprom)

Gazprom seeks Hollywood ending

Gazprom faces a fight for market superiority both at home and abroad, and may need to mutate to survive.

21 October 2016

Portuguese LNG imports spike in recent months

Portugal increased the amount of LNG it imported in August and September on an annual basis.

21 October 2016

Philippines and China discuss trade deals

Filipino President Rodrigo Duterte has announced a ‘separation’ from the United States following a meeting with his Chinese counterpart Xi Jinping.

20 October 2016

Drop in Malaysia’s LNG exports hits revenue

Southeast Asian LNG exporters see export volumes fall in recent months as prices begin to rise.

20 October 2016

China to allow storage operators to negotiate prices

China’s gas storage operators will be allowed to negotiate prices with bulk consumers, the National Development and Reform Commission has said.

19 October 2016

Iran targets $10 bln in contracts by March 2017

Iran wants to sign oil and gas contracts worth $10 billion by March 2017.

19 October 2016

Russian and Saudi ministers discuss technological cooperation

Russian Deputy Energy Minister Kirill Molodtsov met Saudi Arabian Deputy Energy Minister Naif al-Otaibi on Tuesday to discuss "technological cooperation" in the oil and gas sector.

19 October 2016

World Bank endorses guarantees for Naftogaz winter supplies

The World Bank’s board of governors has endorsed guarantees for a total of $500 million for Naftogaz Ukrainy to buy gas.

19 October 2016

Russian energy ministry considers revisions to 2035 energy strategy

Russia’s Energy Ministry is considering evening out gas transit rates for all domestic producers as part of changes to its Energy Strategy 2035.

19 October 2016

Energy companies should watch out for electric vehicles – Fitch

Energy companies must prepare for radical change, as the adoption of new technologies such as electric cars could happen faster than anticipated, according to Fitch Ratings.

19 October 2016
Gas will be supplied to the LNG export project from the Hilala and Calub gas fields. (Poly-GCL)

Ethiopia-Djibouti LNG project delayed – minister

Plans for LNG exports from Ethiopia and Djibouti are being pushed back as delays hit construction of a key supply pipeline.

19 October 2016
Indonesian President Joko Widodo has had to appoint three energy ministers in four months. (PA)

Indonesia appoints new energy minister

President Joko Widodo is hoping Indonesia’s third energy minister this year will revive the country’s flagging energy sector.

19 October 2016

SHPGX pipeline sales rocket up, but LNG plunges

Pipeline gas sales on the Shanghai Petroleum and Gas Exchange were up by 47% last week, while LNG sales fell by 55.8% week on week.

19 October 2016
Source: Enagas, Snam Rete Gas, Interfax

Higher Trans-Med volumes boost African exports

North African pipeline exports to Europe rose by 22% week on week in Week 42, led by an increase in volumes passing through the Trans-Med pipeline.

18 October 2016

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