Supply & Demand
Supply & Demand
Industry must evolve to avoid supply gap – Burke
Caution following the drop in oil prices is set to leave a worrying gap in oil and gas supplies, warns Ray Burke, global product leader at GE.
18 July 2017
Supply & Demand
Indonesia will find it hard to hit gas targets – state gas executive
Indonesia will struggle to meet its targets for gas use, the commercial director of state gas company PT Perusahaan Gas Negara has said according to local media.
13 July 2017
Supply & Demand
China to take largest share of global 1.6% annual gas demand growth – IEA
Global gas demand is expected to rise by 1.6% per year for the next five years, with China accounting for 40% of this growth, the International Energy Agency has said.
13 July 2017
Supply & Demand
Domestic production cuts Indonesian demand for LNG imports
Indonesia is unlikely to need LNG imports before 2020 because of higher-than-expected gas production, according to the country’s director general of oil and gas.
12 July 2017
Supply & Demand
US LNG exports see strong growth in 2017
United States LNG exports will average 53.8 MMcm/d in 2017, up from 14.2 MMcm/d in 2016, according to the EIA.
12 July 2017
Supply & Demand
African exports down as Italian volumes resume decline
North African pipeline exports to Europe fell by 4.9% week on week in Week 27 as a result of reduced deliveries to Italy.
11 July 2017
Supply & Demand
Chinese gas consumption will reach 323 bcm/y by 2020 – Woodmac
China’s gas consumption will reach 323 billion cubic metres per year by 2020 and 540 bcm/y by 2030, Wood Mackenzie said on Friday.
7 July 2017
Supply & Demand
Middle East states and IOCs tread carefully
Companies are having to work hard to uphold their contracts during the ongoing diplomatic row in the Middle East.
7 July 2017
Supply & Demand
China’s NDRC pushes for increase in gas use
China’s National Development and Reform Commission has released a circular encouraging the increased use of gas in the country over the next few years.
5 July 2017
Supply & Demand
CNOOC’s Zhuhai LNG terminal supplies 1.74 mt
China National Offshore Oil Corp. has said its Zhuhai LNG terminal had supplied 1.84 billion cubic metres of pipeline gas and 1.74 mt of LNG as of 1 July since coming online in October 2013.
5 July 2017
Supply & Demand
Canadian provinces may need LNG and unconventionals to meet future demand
The decline in offshore and onshore gas production in Nova Scotia and New Brunswick will conflict with rising demand in the Canadian provinces over the next 20 years, a CERI study claims.
5 July 2017
Supply & Demand
PetroChina sees gas sales surge in southern China
PetroChina has reported that its south China sales branch sold 5.85 billion cubic metres of gas in the first half of this year, up by 11% year on year.
4 July 2017
Supply & Demand
Recovery in Italian volumes sees African exports grow
North African pipeline exports to Europe rose by 16.7% week on week in Week 26 as deliveries to Italy bounced back to hit their highest levels for six weeks.
4 July 2017
Supply & Demand
Taiwan leads rise in Asian spot LNG prices
Asian spot LNG prices increased by an average of 2.81% month on month in May, with Taiwan registering the largest growth.
4 July 2017
Supply & Demand
South American LNG demand hangs in balance
South America’s two giants have slashed combined spending on gas imports. But the situation is delicately balanced.
3 July 2017
Supply & Demand
SOCAR obtains licence to trade gas in Ukraine
State Oil Company of Azerbaijan Republic has obtained a licence to deliver and sell gas to Ukraine.
30 June 2017
Supply & Demand
Gazprom lifts 2017 production estimate to 450 bcm
Gazprom has raised its production estimate for 2017 to 450 billion cubic metres based on results from the first half of the year, Chief Executive Alexei Miller has said.
30 June 2017
Supply & Demand
United States on course for net exports by 2018 – EIA
US gas exports hit a record high in 2016 following the startup of the Sabine Pass LNG plant and growing pipeline demand from Mexico.
30 June 2017
Supply & Demand
Little change in ranks of major gas users and producers
The world’s biggest consumers and producers of gas have stayed largely the same over the past decade, BP statistics show.
29 June 2017
Supply & Demand
Iran to boost its gas output to 300 bcm/y in five years – minister
Iran is planning to increase its gas production from 200 billion cubic metres per year to 300 bcm/y in the next five years.
28 June 2017
Supply & Demand
Chongqing consumption up nearly 10% in 2017 so far
Chongqing in China consumed 4.07 billion cubic metres of gas in the first five months of 2017, a year-on-year increase of 9.3%.
27 June 2017About 4,150 article(s)