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Supply & Demand

Africa-Europe flows up for second week in row

North African pipeline deliveries into Europe rose for the second consecutive week in Week 24 to 593.8 MMcm, according to data from Spanish and Italian grid operators.

16 June 2015
LNG

Asian LNG prices take a dip on mild weather

Asian spot LNG prices edged down 0.14% at the start of June’s second week as mild temperatures helped reduce the demand for gas-derived electricity.

16 June 2015
Exploration & Production

Mexico bets on boost from Gulf finds

Four new discoveries announced by Mexican state-run company Pemex last week have the potential to boost Mexico’s gas production by around 2.6%.

15 June 2015
Supply & Demand

European LNG imports to double by 2020 – IEA

Europe’s falling gas production over the rest of the decade will spur growth in LNG imports to help make up the difference, according to the IEA.

15 June 2015
Exploration & Production

Nigerian LNG exports up by 13% in 2014 – BP

Nigeria’s LNG exports increased by 13.1% year on year in 2014, reaching 25.3 bcm. The increase was not as large as it could have been given NLNG's difficult 2013, however.

12 June 2015
LNG

BP figures suggest tough 2014 for gas

Gas consumption growth was below average in 2014 and global trade declined suggesting it was a poor year for the fuel, according to the BP Statistical Review of World Energy 2015

11 June 2015
LNG

Asia Pacific covers just 20% of global gas demand

Asia Pacific was only responsible for 20% of global consumption in 2014, despite its huge energy demand.

11 June 2015
EU Energy Policy

Contractual congestion blocking gas trade – ACER

An ACER report highlights the problem of contractual congestion on interconnectors across the EU, particularly in southern and southeastern Europe.

10 June 2015
LNG

Chinese LNG suppliers facing excess inventories

Chinese wholesale LNG prices inched down by 0.61% between 30 May and 5 June from the previous week, as suppliers came under pressure from excess inventories.

10 June 2015
Supply & Demand

Trans-Med flows defy seasonal trends

An uptick in volumes through the Trans-Mediterranean pipeline saw total North African pipeline deliveries to Europe increase in Week 23.

9 June 2015
LNG

Asian spot cargo prices at year-low

Average spot prices for Asia-bound LNG fell by 0.14% last week from the previous week to a 2015 low of $7.17/MMBtu.

9 June 2015
LNG

Spanish LNG reloads rebound in May

Spain’s BBG terminal conducted its first reload operations in May, increasing export volumes to a record high for 2015.

8 June 2015
LNG

The disputed cargoes in the Shell-Peru spat

Interfax tracks down the seven disputed cargoes – amounting to around 500,000 tons – in the spat over royalty payments between Peru and Shell.

8 June 2015
LNG

Nigeria launches flare tracker to curb losses

Nigerian National Petroleum Co.’s December data shows the company failed to significantly curb gas flaring, with around 20% of all gas production still burned.

5 June 2015
LNG

Japan’s LNG imports fall in April

Japan’s LNG imports fell by 9% year on year in April, bucking a trend of rising imports since last December.

5 June 2015
LNG

IGU launches World LNG Report 2015

The IGU launched the World LNG Report 2015 at a session of the World Gas Conference in Paris on Wednesday, providing detailed statistics on the LNG industry.

4 June 2015
Exploration & Production

US states compete with top gas producers

The US EIA found eight US states produced more than 85 MMcm/d in 2012 – enough to be ranked among the top 30 dry gas producing countries.

3 June 2015
LNG

Low prices hit LNG plants in northern China

LNG plants in northern China are struggling to sell to eastern and southern markets, as their output costs more than fuel imported to the areas

3 June 2015
Supply & Demand

Africa-Europe flows fall despite GreenStream rise

While flows through the three pipelines connecting Algeria with southern Europe all fell week on week, volumes from Libya to Italy via GreenStream rose fractionally.

2 June 2015
Supply & Demand

Demand for LNG remains weak in NE Asia

Spot LNG prices for northeast Asian buyers fell by 2.08% between April and May, as large inventories dampened interest.

2 June 2015

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