Santos’s Gladstone LNG is one of the facilities under pressure from the Aussie government to cut exports. (Santos) Supply & Demand

Queensland LNG under pressure to cut exports

Australia's federal government is putting pressure on Queensland’s LNG producers to cut back on exports to ensure there is enough gas for domestic needs.

By Sally Bogle 24 March 2017
British Prime Minister David Cameron speaks at the official inauguration of BP Oman's Extended Well Test Facility in Muscat. The Omani government has come under pressure this year from BP, which wants to develop the Khazzan and Makarem fields at Block 61. (PA) Supply & Demand

Muscat grapples with looming gas shortage

A significant gas exporter, accounting for nearly 4% of the world’s traded LNG, Oman is facing stark shortages in supply that threaten to wreck long-term ambitions to diversify its economy and reduc

10 June 2011
Supply & Demand

Bolivian gas exports rise by 35%

Bolivian gas exports to Brazil and Argentina rose by 35% year-on-year in the first four months of 2011, according to state-owned oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos.

9 June 2011
Supply & Demand

BP stats show “exceptional” growth in global gas production and consumption

Gas production and consumption showed “exceptional” growth in 2010, as the global economy rebounded from the 2008 credit crisis and emerging economies such as China continued their strong demand for the fuel, BP’s chief economist Christof Rühl said today.

8 June 2011
How long can it continue to export its gas resources and enjoy high prices, reliable customers, foreign investments in resource development, and enhanced diplomatic relations with buyers? (PA) Supply & Demand

Indonesia’s LNG exports make way for domestic market

A growing economy, dwindling gas resources and high oil prices are leading Indonesia, the world’s third largest LNG exporter, to reduce exports and use its own LNG production to meet domestic demand.

7 June 2011
Supply & Demand

China to lead global growth in natural gas demand - IEA

China is expected to lead the global expansion of natural gas demand over the coming years, with the nation’s LNG imports forecast to equal 15 billion cubic metres per year by 2015, Fatih Birol, chief economist of the International Energy Agency (IEA), said on Monday.

6 June 2011
Supply & Demand

Gazprom has no plans to alter Ukraine gas price formula

Gazprom is not planning to change the price formula for gas sold to Ukraine and will not couple it to other fuels, chief executive Alexei Miller said in Sochi on Monday.

6 June 2011
Supply & Demand

Australia may overtake Qatar on LNG supply – IEA

Australia could overtake Qatar as the world’s number one supplier of LNG by 2020 mainly on the back of increased gas production from coal bed methane (CBM), Fatih Birol, chief economist of the International Energy Agency (IEA), said on Monday.

6 June 2011
Supply & Demand

IEA revises up world gas demand by 13%

The International Energy Agency (IEA) has revised up its forecast for global natural gas demand growth in 2035 by 13% on the previous forecast, with the majority of the growth coming from China, India and the Middle East, it said on Monday, at a press briefing in London.

6 June 2011
A general view of the city of Damascus, Syria. The Syrian energy ministry expects gas production to increase to more than 13 bcm in 2011. (PA) Supply & Demand

Syria’s plans to become regional gas hub fall short

In the context of the past few years, Syria has enjoyed a dramatic surge in gas output in the past 18 months.

3 June 2011
The Shtokman gas field has been named as the main supplier of LNG in three preliminary agreements. (PA) Supply & Demand

Shtokman volumes underpin Gazprom MOUs with India

The Shtokman gas field in the Barents Sea is the main resource base underpinning a series of three preliminary agreements between Gazprom and Indian groups GAIL, Gujarat State Petroleum Company and Petronet LNG.

3 June 2011
Supply & Demand

Asia, Latin America head up global LNG demand growth – BoA Merrill Lynch

Worldwide LNG imports in March increased by 12% compared with the same month the previous year, with the strongest growth coming from Asia and Latin America, United States bank BoA Merrill Lynch said in a report on Wednesday.

1 June 2011
Supply & Demand

GECF ministers to hold mid-year review

The Gas Exporting Countries Forum (GECF) will hold its ministerial meeting in Cairo on 2 June, to review GECF work over the past six months, the GEFC told Interfax.

31 May 2011
Supply & Demand

Iraq and EU sign partnership to import gas into Europe

Iraq has committed to the long-term export of gas into Europe as part of an “enhanced strategic energy partnership”, signed in Brussels on 26 May.

31 May 2011
Supply & Demand

German nuclear phase out to boost gas imports - SocGen

Germany’s natural gas imports will increase by around 11% on the current levels to 89 billion cubic metres per year by 2022, following the decision to phase out nuclear power generation, French bank Société Générale said in a report on Monday.

31 May 2011
Supply & Demand

Bahrain abandons Iran gas import plans

Following several years of unsuccessful negotiations, Bahrain has halted plans to import natural gas from Iran.

27 May 2011
Supply & Demand

Germany may need 6 GW of additional CCGTs – Deutsche Bank

Germany may need to build an additional 6 gigawatts (GW) of gas-fired power plant capacity between 2011 and 2015 if it starts phasing out nuclear power plants following the incident at the Fukushima plant in Japan, analysts at Deutsche Bank said in a report on Friday.

27 May 2011
Most of French power generation is nuclear, but the picture is changing. (Corbis) Supply & Demand

French gas outlook: Rising demand in a well-supplied market

French consumption of natural gas is expected to increase steadily over the coming years, due to increased demand from power generators and industrial producers, but supplies look ample at least for the near future, experts say.

26 May 2011
Coal bed methane well. (PA) Supply & Demand

Coal-bed methane to transform Australia LNG exports

Australian exports of LNG are set to soar from mid-decade onwards as new liquefaction terminals come into production, meeting insatiable gas demand from Asian-Pacific nations such as China and Japan and, potentially, boosting Pacific Basin trading.

26 May 2011
Natural gas storage tanks. (PA) Supply & Demand

Uncertain outlook for Argentinian demand growth

The outlook for natural gas demand in Argentina remains uncertain as questions hang over the sustainability of the country’s current strong economic growth rate.

26 May 2011
Supply & Demand

Qatargas delivers first LNG cargo into Greece

Qatargas has delivered its first LNG cargo to Greece. The state-owned LNG producer sold the shipment to Vitol, The Netherlands-based LNG company which is acting on behalf of DEPA, the public gas supply corporation of Greece.

24 May 2011

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