ENN storage facility. The company’s returns are below the cap. (ENN Energy) Global Markets

Higher returns cap placates Chinese gas distributors

Lobbying by China’s urban gas distributors has paid off, after the Chinese government announced a more favourable limit on investment returns.

By Colin Shek 28 June 2017
Global Markets

Sonatrach picks Dodsal for EPC on Algerian gas facility

Algeria’s Sonatrach has selected Dubai-based Dodsal Group for an engineering, procurement and construction contract worth $1.1 billion.

20 June 2017
Global Markets

Riyadh claims capture of Iranian forces heading for oil platform

Saudi Arabia claims to have captured a vessel carrying Iranian Revolutionary Guards armed with explosives that were heading towards the Marjan oil platform in the Gulf.

20 June 2017
BTL Group has completed a successful trial with BP and other companies. (BP plc) Global Markets

Scale-up planned for blockchain gas trading

BTL Group is working to scale up a blockchain project that will simplify gas trading and make it safer, according to the company’s chief innovation officer.

20 June 2017
Global Markets

Italian volumes fall as Spanish deliveries rebound

North African pipeline exports to Europe fell by 2.9% week on week in Week 24, driven by lower deliveries to Italy.

20 June 2017
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.

19 June 2017
A JKX gas facility in Ukraine. The company is dealing with another shareholder dispute. (JKX) Global Markets

JKX struggles bode ill for Ukraine gas sector

UK-listed JKX faces its second shareholder dispute in 18 months and is struggling to fend off the advances of Russian/Ukrainian investors.

19 June 2017
Global Markets

Asia’s gas growth limited by import capacity

Emerging markets are a major source of gas demand growth in Asia Pacific, but consumption will rise more rapidly as import infrastructure expands.

19 June 2017
Global Markets

Trinidad stays calm as storm clouds gather

Trinidad’s government is optimistic about the future, despite gas output falling by more than 20% since 2013.

19 June 2017
Global Markets

US Senate votes to impose new sanctions on Iran and Russia

The United States Senate has voted to impose wide-ranging new sanctions on Russia and Iran.

16 June 2017
The Council of the EU will vote on whether to allow negotiations. (Council of the EU) Global Markets

EU-Russia energy deal hinges on political will

A separate EU-Russia agreement for energy infrastructure could bring benefits, but it would need political support from both sides to come to fruition.

16 June 2017
The services base in Limassol in southern Cyprus is ready for Total to use. (Flickr/US Navy) Global Markets

Total to drill in Cyprus now services base ready

The services base in Limassol in southern Cyprus is ready for Total to use, which could see exploration begin within weeks.

16 June 2017
Global Markets

Asia Pacific rig count drops by 9% in May

The Asia Pacific rig count fell by 9% in May month on month following six months of growth.

16 June 2017
Woodside’s North Rankin Complex offshore Western Australia. (Woodside) Global Markets

End in sight for Aussie exploration investment famine

Australia is pressing on with licensing rounds in the hope of bringing international investment back to its exploration sector.

16 June 2017
Global Markets

Netanyahu meets Tsipras and Anastasiades to talk Med pipeline

Israeli Prime Minister Benjamin Netanyahu met his Greek counterpart Alexis Tsipras and Cypriot President Nicos Anastasiades in Thessaloniki on Thursday to discuss the prospect of Israel exporting gas to Europe.

15 June 2017
Construction of the Azura-Edo IPP in Nigeria. The country’s utilites are struggling with low tariffs. (Azura Power) Global Markets

Nigerian discos go off grid in search of profit

Nigeria has set its electricity tariffs so low that distributors are saying they are unable to turn a profit, leaving them searching for alternatives

15 June 2017
Global Markets

India’s plans for developing east coast LNG

India has plans for six LNG terminals along the country's east coast, with around 18 mtpa of regasification capacity in the planning stage.

15 June 2017
The launch of Sinopec’s Beihai terminal has helped to increase the share of LNG in China’s import mix. (Sinopec) Global Markets

China’s import dependence to hit fresh high – SCI

China’s rising reliance on imported gas is set to breach 40% this year, but concerns over energy security have been played down.

14 June 2017
A Qatargas LNG plant. Qatar’s vessels have been banned from docking at some Middle Eastern ports. (Qatargas) Global Markets

Qatar rift has limited impact on LNG market so far

Shipping routes for Qatari LNG remain open despite the dispute, with Doha saying it is ‘business as usual’ for its seaborne gas exports.

14 June 2017
Pakistan will begin receiving LNG at its second terminal from September. (PA) Global Markets

Pakistan’s second LNG terminal to start up in September

The 21.2 MMcm/d facility will help to reduce the country’s chronic gas shortages.

14 June 2017
Global Markets

Chinese ex-works LNG prices cut by 2.76%

Prices were down last week as plants cut their asking prices to improve competitiveness against LNG terminals.

14 June 2017

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