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Gas to Power

UK production drops despite record investment

Offshore industry body Oil & Gas UK has published a report predicting challenges ahead for the UK gas sector. Interfax looks at how it will cope as North Sea production dwindles.

23 August 2013
Gas to Power

Japan’s LNG bill hits new record as yen slumps

Japan’s LNG bill reached a new record in June, as a slumping yen continues to push up prices for Japan’s utilities and consumers.

20 August 2013
Pipelines

Sinai crisis slashes hopes for EMG reversal

Lucy Jones, a senior Middle East analyst at Control Risks, speaks to Interfax about the growing security crisis in Egypt’s Sinai province and possible ways to protect the gas pipeline that runs thro

20 August 2013
Gas to Power

YPF takes first power steps

YPF joins a competitive but risky market – Argentina suffers frequent gas shortages, with price cap regulation throughout the country’s gas and power sectors.

20 August 2013
Pipelines

New infrastructure to tackle ‘New England premium’

New York and New England rely on imports for 25% of their gas and are subject to much higher price spikes than the rest of the US, but new pipelines and processing plants look set to end the market’

19 August 2013
Pipelines

Oil indexation debate a ‘red herring’ – Smith, VTB

Colin Smith, head of commodity research at Russian investment bank VTB Capital, outlines his thinking on the contentious contract pricing debate.

16 August 2013
Pipelines

EMG-EGAS clash may sink Israel-Egypt gas deal

Reversing flows along the EMG pipeline could be an economically expedient way to monetise Leviathan gas, but security and commercial challenges could threaten a deal still in the early stages of negotiation.

15 August 2013
Gas to Power

Eurozone shows signs of life but gas-to-power still comatose

A considerable media fanfare greeted the latest GDP data showing the eurozone has finally hauled itself out of recession. Interfax looks at what this means for the European gas sector.

15 August 2013
Pipelines

Sinai crisis threatens deal to pipe Israeli gas south

Reversing flows along the EMG pipeline to ship Israeli gas to Egypt makes sense commercially and politically for both buyer and seller. However, the economics are being overshadowed by the security cr

14 August 2013
Gas to Power

Korea taps the spot market as blackouts loom

South Korea’s nuclear scandal has shuttered nuclear plants and caused Kogas to enter the spot market for extra LNG supplies as summer temperatures on the peninsula have soared.

14 August 2013
Pipelines

TANAP invites expression of interest for Turkish leg construction

The Trans-Anatolian Natural Gas Pipeline (TANAP) has invited expressions of interest for the construction of the onshore pipeline, block valve and pigging stations for the Turkish leg of the 1,800 km project.

12 August 2013
Gas to Power

Gas to lose out to renewables, but replace coal

The plummeting costs of renewables and stricter environmental regulations are set to have a dramatic impact on the US power generation market, according to Bernstein Research.

12 August 2013
Pipelines

China and Russia still expected to close pipeline deal

China’s desire to diversify supply routes for its booming energy imports, along with surging domestic gas demand as the country weans itself off coal, has left Beijing little choice but to agree to a deal for Russian gas imports.

8 August 2013
Gas to Power

Siemens wins $967 mln power plant contract in Saudi Arabia

Siemens has won a $966.8 million contract to supply the key components for a 4 GW combined cycle power plant in Saudi Arabia.

7 August 2013
Pipelines

Shah Deniz secures European customers

BP says its Shah Deniz project in Azerbaijan’s section of the Caspian Sea has buyers lined up in Europe, but observers are sceptical this will help advance the country’s other projects.

7 August 2013
Pipelines

TransCanada agrees to deliver gas to NOVA pipeline system

TransCanada has signed an agreement with Malaysian-owned Progress Energy to deliver 57 MMcm/d of gas to support the extension of the C$1.5 billion ($1.4 billion) NOVA Gas Transmission Ltd pipeline system in British Columbia.

7 August 2013
Pipelines

Egypt to repair bombed Jordan pipeline once safety is confirmed

Egypt will repair the gas pipeline running to Jordan once the government is sure the North Sinai area where the network was bombed last month is safe enough for workers, an official from the Ministry of Petroleum told Bloomberg.

6 August 2013
Pipelines

Israel expands judge panel, Delek reveals Leviathan options

The Israeli government has approved a Supreme Court proposal to increase the number of judges presiding over a petition to hand the country’s gas export policy to the Knesset.

6 August 2013
Pipelines

Lithuania offers Gazprom end to lawsuits

Lithuania might drop litigation against gas company Lietuvos Dujos and an investigation into its management, as well a LTL 5 billion ($1.9 billion) lawsuit in Stockholm arbitration court in the exchan

5 August 2013
Storage

The first winter warning for Europe

Warnings over storage levels in Germany and France and the risk of transit disruption through Ukraine raise questions over Europe’s gas supply in the event of a long cold snap.

5 August 2013

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