Exploration & Production

Latin American gas drilling returns to recent lows

There were 17 rigs drilling for gas in Latin America in May 2017, the same number as in March – which was the lowest level since records began.

By Chris Noon 23 June 2017
Global Markets

Global gas trade expands by 4% in 2016 – BP

The volume of gas traded globally rose faster than production last year, with pipeline imports growing more than LNG.

22 June 2017
LNG

Gas-fired power demand boosts Chinese LNG sales

Several of China's LNG terminals ramped up sales last week to meet increased gas-fired power demand.

22 June 2017
Alternative Fuels

Nuclear fuel tax verdict is boost for German utilities

A court ruling voiding a nuclear fuel tax imposed on German utilities will strengthen the balance sheets of companies that have been hit by lower power prices.

21 June 2017
LNG

Chinese plants cut LNG prices to reduce stockpiles

Chinese ex-works LNG prices averaged RMB 3,017/t last week, down by 1.53% from the previous week as 26 plants cut their asking prices to reduce stockpiles.

21 June 2017
Supply & Demand

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
LNG

Asian spot LNG prices fall after five weeks of gains

Asian spot LNG prices fell by 1.08% last week compared with the previous week, to $5.44/MMBtu.

20 June 2017
Exploration & Production

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
Exploration & Production

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
Exploration & Production

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
LNG

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
LNG

Tianjin LNG sales up on regional power demand

China’s Tianjin LNG terminal increased its daily sales last week to 150 trucks in response to growing gas-to-power demand.

15 June 2017
Pipelines, Storage & Power

Transit of Russian gas through Ukraine increases

Volumes of Russian gas destined for European customers transiting Ukraine increased over the first five months of 2017 compared with the same period last year.

14 June 2017
LNG

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
LNG

Asian spot LNG prices holding steady

Asian spot LNG prices were largely steady last week, gaining 0.36% from the previous week.

13 June 2017
Pipelines, Storage & Power

Spanish volumes cut African pipeline deliveries

North African pipeline gas exports to Europe fell by 1.7% in Week 23 from a week earlier as a result of lower deliveries to Spain.

13 June 2017
Supply & Demand

Flickers of life in Brazilian gas demand

Brazil's economy is emerging from a severe recession, but it is too soon to say if gas demand is bouncing back.

12 June 2017
LNG

LNG imports soar in Southeast Asian markets

Taiwan, Thailand and Singapore all saw large growth in LNG imports in Q1 as a result of growing demand and a need to reduce reliance on piped gas.

12 June 2017
Exploration & Production

Middle East rig count up as UAE targets growth

The number of rigs targeting gas in the Middle East rose by 4.3% in May from the previous month, to 98.

9 June 2017
LNG

Big role for FSRUs among India’s upcoming terminals

India is expanding its LNG import infrastructure with at least nine projects planned. The country’s import capacity could more than double by the end of the decade if these projects are brought online on schedule.

8 June 2017
LNG

Chinese LNG output to grow despite price drop

Chinese LNG output is expected to grow by 3.27% in June from the previous month, to 1.17 billion cubic metres, as several plants prepare to boost their output to meet gas power demand this summer.

8 June 2017

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