A gas processing plant at Changbei. Gas demand is expected to exceed  230 bcm in 2017. (Shell) Supply & Demand

China gas demand on course for double-digit growth

China’s energy watchdog has thrown its weight behind growing optimism over China’s gas demand, which looks set to surge back to double-digit growth this year.

By Colin Shek 21 August 2017
Supply & Demand

Norwegian exports to UK replaced by LNG

Exports of piped gas from Norway to the UK and other European destinations is increasingly being replaced by LNG from overseas as market observers suspect Norwegian suppliers are deliberately holding back production in order to hike market prices.

2 September 2011
Generators for sale in central Baghdad. Iraqis buy generators for their houses to counter long power cuts. (PA) Supply & Demand

Prospects are bleak for Iraqi gas exports

Iraq has neighbours keen to buy its gas, however, poor infrastructure, failure to pass a new oil and gas law and the country’s own gas deficit are severely hindering its export plans.

2 September 2011
Supply & Demand

Israel to start construction of floating LNG terminal in 2012

Limited infrastructure and bureaucratic hurdles may hinder the development of a still nascent gas industry in Israel.

1 September 2011
Oil-indexation of gas contracts is currently squeezing profit margins for utilities across Europe. Supply & Demand

What’s next for European gas trading and supply?

Howard Rogers, Senior Research Fellow at the Oxford Institute of Energy Studies, speaks to Interfax about the outlook for European gas markets and supply.

1 September 2011
Supply & Demand

China's LNG terminals lose full VAT rebates - analyst

China's central government intends to reduce VAT rebates for LNG import, an industry analyst told Interfax on 30 August.

1 September 2011
Supply & Demand

Panjin City natural gas consumption up 145%

Panjin City in north-eastern China's Liaoning Province more than doubled its daily natural gas consumption in the past year, according to figures released on Tuesday by Panjin Gas Company (PGC).

1 September 2011
Supply & Demand

Russia ready to negotiate with Ukraine

Russian President Dmitri Medvedev said he is ready to listen to Ukraine’s commercial offers in return for the possibility to receive Russian gas at discounted prices.

1 September 2011
Supply & Demand

Belarus, Gazprom to resume talks on 2012-2014 gas contract and privatisation

Belarus’ First Deputy Prime Minister Vladimir Semashko and Energy Minister Alexander Ozertsa are meeting in Moscow this week to discuss the price of Russian gas delivered to Belarus; and to link the possibility of Gazprom's purchase of Belarusian gas pipeline operator, Beltransgaz with the gas contract terms to Belarus.

1 September 2011
Supply & Demand

Ukraine requests reduction in Russian gas supply to 27 bcm in 2012

Ukraine's Naftogaz has ordered 27 billion cubic metres of gas from Russia's Gazprom for 2012.

31 August 2011
Supply & Demand

Gazprom changes Greece gas supply terms

Gazprom has changed its gas supply terms to Greek state energy company DEPA, the deputy general director of Gazprom Export, Sergei Chelpanov, said during a conference call on Tuesday with investors.

31 August 2011
Supply & Demand

Fujian's LNG imports in H1 hit 1.3 million tons

South-eastern China's Fujian Province boosted LNG imports by 67.1% year-on-year to 1.32 million tons in the first seven months of 2011 due to booming natural gas demand, according to figures released on 29 August by Fuzhou City's customs office.

30 August 2011
Russia is set to launch the Nord Stream pipeline to Germany which will direct about 20 bcm of gas via Ukraine. (PA) Supply & Demand

Ukraine puts pressure on Russia over gas imports

As Ukraine seeks a lower price for Russian gas imports, the country has suggested that it could be forced to cut imports of Russian gas if Russia decides against the lower price.

30 August 2011
Supply & Demand

Algeria under pressure to review its gas export plans

As one of Europe’s three top natural gas suppliers, the economic and political situation in Algeria could adversely impact its gas exports to the continent.

30 August 2011
LNG carrier Berge Arzew docks at jetty at Isle of Grain LNG terminal, UK. (National Grid) Supply & Demand

UK LNG projects: Too many too soon?

A string of new LNG import terminals have been proposed for the UK, but it is unlikely that all of them will be built given slow demand growth and competition from Asia.

26 August 2011
Supply & Demand

RWE likely to agree contract price modification with Gazprom

The price gap between natural gas purchased on the spot market, and delivered under Gazprom’s long-term oil-indexed contracts has resulted in declining financial results for European contract holders such as RWE.

26 August 2011
Construction of Gasoducto Andino del Sur begins in January 2012. (Andino) Supply & Demand

Peru cordons huge Block 88 to fuel its own growth

Peru’s Prime Minister Salomón Lerner has announced that gas from the country’s largest block in the Camisea field will be used entirely for domestic consumption.

26 August 2011
From left, presidents of China, Kazakhstan, Turkmenistan and Uzbekistan turn on the flow of natural gas together in the gas plant at Samandepe Gas Field, Turkmenistan. (PA) Supply & Demand

Turkmen price hike to “heavily impact” Chinese chemical firms - analysts

Chemical firms in China’s Southwestern province face major slowdowns, or potential closures from the planned price increase of gas imports from neighbouring Turkmenistan.

26 August 2011
Supply & Demand

Eastern Siberia gas output might reach 70 bcm annually by 2020 - Gazprom VNIIGAZ

Eastern Siberia natural gas production may reach over 70 billion cubic metres a year by 2020, according to a press release from the Seventh Baikal International Economic Forum, quoting Gazprom VNIIGAZ estimates.

26 August 2011
Former Ukrainian Prime Minister Yulia Tymoshenko and her lawyer Sergei Vlasenko during a pre-trial hearing at the Pecherskiy District Court in Kyiv on 24 June 2011. (PA) Supply & Demand

Outcome of Tymoshenko trial could change the price Ukraine pays for Russian gas

Guilty verdict in the trial of the former Prime Minister Yulia Tymoshenko could give Kiev the leverage it needs to annul the ‘extremely disadvantageous’ gas agreement she signed and strike a bette

25 August 2011
Supply & Demand

Turkey puts pressure on Gazprom for reduction of gas prices

Turkey is seeking a reduction in gas prices with Russian major Gazprom, listing it as the main provision for extending an import contract, due to expire on 1 September, for a 6 billion cubic metres per year of gas from the purpose-built Transbalkan gas pipeline.

25 August 2011

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