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

Eni CEO Descalzi outlines plans for Africa

Eni Chief Executive Claudio Descalzi outlines Eni’s biggest projects in Africa, from Mozambique’s Coral FLNG to Egypt’s Zohr gas field.

3 March 2017
LNG

Taiwan’s LNG import growth slows to 3% in 2016

Taiwan’s LNG imports were up by 3% in 2016, down from 8% in 2015, but demand is expected to keep rising.

2 March 2017
Pipelines, Storage & Power

German gas consumption still on the rise

Gas consumption for power and heat production in Germany continued to grow on an annual basis in late 2016, according to the German Association of Energy and Water Industries.

1 March 2017
LNG

Chinese LNG supply tight following fire in Xinjiang

China's LNG supply tightened last week after Guanghui Energy suspended production at its energy complex in Hami following a fire on 16 February.

1 March 2017
LNG

Chinese spot LNG prices fall back to December levels

Spot LNG prices for Northeast Asia declined by 4.1% week on week at the end of last week, to $7.15/MMBtu, returning to levels last seen in mid-December 2016.

28 February 2017
Pipelines, Storage & Power

Drop in Algerian volumes hits African pipeline exports

North African pipeline exports to Europe fell by 2.3% last week from the previous week, to 944.1 million cubic metres, as volumes through Algerian pipelines dropped.

28 February 2017
Companies & Finance

China’s Latin love affair continues

Brazil was the focus of Chinese lending in 2016 as Beijing eyes the Latin American country’s future oil production.

27 February 2017
Exploration & Production

Iran targets 50% increase in gas output by 2020

Iran’s gas exports are forecast to rise from 53.2 bcm in 2016 to 102.7 bcm by 2020, according to the country's Institute for International Energy Studies.

24 February 2017
Exploration & Production

Surge in Australian rigs boosts count in Asia Pacific

Australia was the only country in the Asia Pacific region to add gas-focused drilling rigs to its total in January 2017, with its count increasing by five from a month earlier.

23 February 2017
LNG

Malaysia maintains LNG export volumes in 2016

Malaysia maintained a high level of LNG exports in 2016 even though its revenues and imports declined.

23 February 2017
Companies & Finance

Projects chosen for EU funding under CEF second call

The EU has selected 18 gas and power infrastructure projects to receive funding under its second call for proposals under the Connecting Europe Facility in 2016.

22 February 2017
LNG

Chinese wholesale LNG prices inch upwards

Chinese wholesale LNG prices averaged RMB 3,024/t last week, edging up by 0.23% from the previous week.

22 February 2017
LNG

Warmer weather hits Asian spot LNG prices

Spot LNG prices for northeast Asia fell by 2.52% last week from the previous week, to $7.72/MMBtu, as warmer weather curbed heating demand.

21 February 2017
Supply & Demand

African pipeline exports to Europe hold steady

North African pipeline exports to Europe fell by 0.7% in Week 7 from the previous week, to 965.9 million cubic metres.

21 February 2017
LNG

Mexico swaps Peruvian LNG for US cargoes

Brazilian and Argentine demand for United States-produced LNG has vanished. However, Mexico is turning into Uncle Sam’s best customer.

20 February 2017
Exploration & Production

India awards licences for small oil and gas fields

India’s Ministry of Petroleum and Natural Gas has awarded 31 contract areas under the country’s small oil and gas licensing round.

20 February 2017
Pipelines, Storage & Power

French power output falls as gas share grows

Despite an increase in power generation from gas last year, France's total power production dipped by 2.8%.

17 February 2017
Exploration & Production

Saudi Arabia’s exploration drop offset by neighbours

The number of rigs targeting gas in the Middle East ticked up by 1.1% in January as a drop in the number of active rigs in Saudi Arabia was offset by activity in Egypt, Kuwait and Oman.

16 February 2017
LNG

Brunei’s LNG export revenue falls by 30%

The value of Brunei’s LNG exports fell by around $1 billion in 2016 compared with 2015 despite a slight increase in export volumes.

16 February 2017
Supply & Demand

Ukraine imported 8% more gas from EU in 2016

Ukraine imported 11.1 billion cubic metres of gas from European suppliers in 2016, 8% more than in 2015.

15 February 2017

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