Global Markets

Russia plans to boost LNG output

If realised, Russia’s plans for new liquefaction projects could see the country become the world’s fourth-largest LNG producer in 10 years’ time.

By Tom Hoskyns 23 March 2017
Exploration & Production

Gas surpasses coal in UK power market

Gas overtook coal as the UK’s main source of electricity generation in 2016.

27 March 2017
Exploration & Production

Argentina’s explorers chase gas, not oil

Upstream activity has waned in Argentina, according to ministry data. But the numbers tell another story – it is more gas-focused than ever before.

27 March 2017
Global Markets

Turkey’s gas consumption continues to fall

Gas consumption in Turkey has been falling over the last couple of years after a sustained period of growth.

22 March 2017
LNG

Chinese LNG prices creep up as demand slows

Chinese LNG demand slowed last week after northern cities switched off gas-fired district heating boilers for the end of the winter heating season.

22 March 2017
Pipelines, Storage & Power

Algerian exports down despite year-on-year gains

Italian pipeline imports from North Africa fell slightly in Week 11 from a week earlier as domestic demand continued to decline.

21 March 2017
LNG

Asian spot LNG prices hit four-month low

Asian spot LNG prices had fallen to $6.51/MMBtu by the end of last week, down by 4.27% from the previous week and their lowest level since early November.

21 March 2017
LNG

Latin demand for US LNG dries up

Mexico was the only Latin American customer for US LNG in January, with summertime demand vanishing in Brazil, Argentina and Chile.

20 March 2017
Exploration & Production

Saudi rig count continues falling but remains high

The number of rigs targeting gas in Saudi Arabia has fallen every month since October but is still higher than before oil prices started to drop.

16 March 2017
LNG

Southeast Asian exporters feel the pinch in 2016

Falling LNG prices in 2016 hit revenues for Southeast Asia’s LNG exporters, but volumes remained remarkably stable year on year.

16 March 2017
EU Energy Policy

Gas-fired power leaps up 50% in Germany in 2016

Gas-fired power plants in Germany generated 45.2 TWh of electricity in 2016, up by 50% on the previous year.

15 March 2017
LNG

Pipeline transactions on SHPGX plunge 60%

Pipeline transactions on the Shanghai Petroleum and Natural Gas Exchange more than halved last week.

15 March 2017
Supply & Demand

Low Algerian volumes hit African pipeline exports

North African pipeline exports to Europe fell by 0.9% in Week 10 from a week earlier as a result of lower Algerian exports.

14 March 2017
LNG

Asian LNG prices continue to fall

Asian spot LNG prices continued their downward trend last week as the region entered the shoulder months of the demand cycle.

14 March 2017
LNG

Trinidad’s LNG production falling back to 2004 levels

Trinidad’s LNG production is now just above levels seen in 2004 – when the country had fewer liquefaction trains.

13 March 2017
LNG

Lower prices drive up India’s LNG imports in 2016

India’s LNG imports soared by nearly 30% in 2016, driven by significantly lower prices for the fuel.

13 March 2017
Exploration & Production

Gas drilling falls in Latin America in February

Gas-focused drilling slumped in Latin America in February 2017 despite showing signs of life in January.

9 March 2017
LNG

South Korean LNG demand increases 28%

Winter weather boosted Northeast Asia's LNG imports in January, with Japan and South Korea both seeing significant growth.

9 March 2017
Pipelines, Storage & Power

Ukrainian storage withstands cold winter

Ukraine has enough gas in storage to get it through the heating season despite a cold winter, according to state-owned Naftogaz Ukrainy.

8 March 2017
LNG

Chinese wholesale LNG prices climb by 4%

Chinese wholesale LNG prices averaged RMB 3,297/t last week, up by 4.03% from the previous week.

8 March 2017
Supply & Demand

African pipeline exports fall for all but Trans-Med

North African pipeline exports to Europe fell by 1.4% week on week in Week 9, to 930.8 million cubic metres.

7 March 2017

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