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Price Drivers

Armenian domestic gas price not rising

Armenia’s gas price for domestic consumers will not be changed, the Armenian Energy and Natural Resources Minister Yervand Zakarian told the country’s National Assembly on Wednesday.

18 September 2015
Price Drivers

Russian economy ministry proposes smaller gas tariff increase

The Russian Ministry of Economic Development is proposing to increase gas tariffs by just 5% in 2016, because of the "challenging situation in the economy" and fluctuating ruble exchange rate.

18 September 2015
Policy & Politics

EU and US to hold energy council

A joint EU-United States council on energy will be held in Washington on 22 October.

18 September 2015
Policy & Politics

China eyes more energy corridors in Central Asia

China has pledged to plough $100 billion into projects in Central Asia through the Shanghai Cooperation Organisation, including on energy infrastructure throughout the region.

18 September 2015
Fundamentals

Ukraine remains main risk this winter – Bros

Ukraine will be decisive for European gas supply this winter, Thierry Bros, senior European gas and LNG analyst at Société Générale, tells Interfax.

18 September 2015
Policy & Politics

Ukraine receives winter package proposal

Ukraine has received a proposal for a winter gas package from Russia and the EU.

16 September 2015
Companies

Latvia to split Latvijas Gaze

Latvia’s government plans to split its gas monopoly Latvijas Gaze by 2017 to create a competitive market in line with the EU’s gas market liberalisation rules.

16 September 2015
Fundamentals

Sinopec targets Hubei for shale gas supply

Sinopec is building up its presence in the promising market of Hubei by making use of rapidly growing production from the Fuling shale gas field to the west.

16 September 2015
Fundamentals

Chinese LNG prices cut to clear holiday stockpile

Chinese LNG producer prices fell by 0.71% last week from the previous week, as several producers had to cut prices to sell stockpiles built up during the national holiday.

16 September 2015
Market Trading

Gazprom Export sells 1.23 bcm in first gas auction

Gazprom Export sold 1.23 billion cubic metres of gas for $283 million at its first gas auction for delivery of supplies between Q4 2015 and Q1 2016.

15 September 2015
Fundamentals

LNG glut may end destination clauses – MJM

The LNG industry is facing a period of oversupply that could bring about changes to the way the market operates, with destination clauses likely to be the first casualty.

15 September 2015
Fundamentals

Wildcat’s Pick of the Week

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

14 September 2015
Policy & Politics

Indonesian tariff cut spells trouble for upstream players

The Indonesian government is set to reduce domestic gas tariffs for industrial customers by more than 20%, a move that appears to place greater financial pressure on upstream players.

14 September 2015
Companies

Russia/Ukraine gas deal may be made this month

A new ‘winter package’ deal for deliveries of Gazprom gas to Ukraine could be reached later this month if terms agreed on Friday hold.

14 September 2015
Fundamentals

Lower prices raise demand for Russian gas

Gazprom has estimated the average price for the gas it sells to Europe will be $237-242/Mcm in 2015, down from previous estimates, says Société Générale.

14 September 2015
Market Trading

US sport prices mostly flat week on week

United States spot gas prices were flat at most market locations for the week ending 9 September, the Energy Information Administration reported.

11 September 2015
Market Trading

Tianfu exchange to set up gas platform in Dazhou

The Tianfu Mercantile Exchange in Sichuan province is planning to set up a gas platform in Dazhou city to serve western China, local media has reported.

11 September 2015
Policy & Politics

EU-Russia talks begin in Vienna

The European Commission’s Vice President for Energy Union Maroš Šefcovic started talks with Russian Energy Minister Alexander Novak in Vienna on Friday.

11 September 2015
Market Trading

New exchange offers China gas traders options

A new privately owned online platform is providing a second spot trading option for LNG buyers and sellers in China, following in the footsteps of a government-backed exchange in Shanghai.

11 September 2015
Policy & Politics

How low can Trinidad go?

Oil and gas-reliant Trinidad and Tobago has a new government, but it will struggle to balance the books.

11 September 2015

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