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Imports

Imports to meet 40% of Chinese gas demand by 2030

China will use 520 bcm/y of gas by 2030, with imports set to meet 40% of consumption, vice president of PetroChina’s Research Institute of Petroleum Exploration and Development has said.

18 September 2018
Imports

CNPC and Gazprom to sign SPA for pipeline gas by end of 2018

CNPC and Gazprom will signing a contract for pipeline gas supplies into China’s western region of Xinjiang by the end of this year.

18 September 2018
Imports

Asian spot LNG prices down to $11.57/MMBtu

Asian spot LNG prices were down slightly at the end of last week.

18 September 2018
Imports

Oil and gas drives Indonesian trade deficit to $1.03 bln

Indonesia recorded a trade deficit of $1.03 billion in August, mostly as a result of high levels of oil and gas imports.

17 September 2018
Exports

Ukraine and Nord Stream 2 create risks for Russian gas exports – Central Bank

Russian gas exports could be at risk, the Central Bank of Russia has warned.

17 September 2018
Production & Consumption

Chinese gas output up by nearly 10% in August

China’s gas production increased by 9.7% year on year in August, to 12.9 billion cubic metres

14 September 2018
Production & Consumption

Production steady in Libya despite attack on NOC

Oil and gas production in Libya is continuing “as normal with no loss of production”, the country’s National Oil Corp. has said.

13 September 2018
Production & Consumption

Gas production in Azerbaijan to triple in 20 years – IEA

Azerbaijan’s gas production will reach 55 billion cubic metres per year over the next 20 years, more than three times its current output.

13 September 2018
Exports

Australia will fail to meet gas demand from 2028 – Woodmac

Australia will not produce enough gas to meet both its LNG export commitments and its domestic demand from 2028, according to Wood Mackenzie.

13 September 2018
Imports

Record level of global LNG imports forecast for this year

Global LNG imports are set to increase to a record 308 mt, Bloomberg New Energy Finance has forecast.

13 September 2018
China's president Xi Jingping Production & Consumption

China turns policy gaze towards raising gas output

China’s policymakers have turned their attention towards accelerating domestic gas production amid concerns that imports are weakening national energy security.

12 September 2018
The Egyptian LNG plant in Idku Exports

Egyptian award could restart Damietta LNG exports

A resolution to the dispute between Union Fenosa Gas and the Egyptian government could see LNG exports resume from the Damietta plant.

12 September 2018
A flare at Shell’s Corrib field Imports

Brexit supply cut threat boosts interest in Shannon LNG

With Brexit becoming a real threat to Ireland's gas supplies from the UK, US company New Fortress Energy has spotted an opportunity for LNG.

11 September 2018
Imports

Argentina faces growing bill for gas and LNG imports

The price Argentina pays for Bolivian gas could converge with that of its LNG imports in the coming months.

10 September 2018
Imports

China plans to increase Russian and Kazakh gas imports

China is aiming to increase its gas imports from Russia and Kazakhstan, according to an official news service

6 September 2018
Production & Consumption

CNPC’s Qinghai unit has produced 4.29 bcm so far this year

CNPC's Qinghai Oilfield unit has produced 4.29 bcm of gas so far in 2018

6 September 2018
Production & Consumption

China expected to produce 200 bcm/y by 2020

China’s gas output is expected to reach 200 bcm/y by 2020, the State Council has said

6 September 2018
Exports

Offshore pipelaying for Nord Stream 2 starts in Gulf of Finland

Pipes are being laid in the Gulf of Finland by the Solitaire pipelaying vessel.

6 September 2018
Imports

SOCAR Georgia Gas to increase supply by 29%

SOCAR Georgia Gas is planning to supply Georgia with 1.8 billion cubic metres of gas in 2018.

4 September 2018
Imports

Trinidad’s Venezuelan imports will bring modest relief

Initial volumes will be equivalent to just over 4% of Trinidad’s average daily gas production – and the LNG and petrochemicals sectors will compete for the supply.

3 September 2018

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