Supply & Demand

Imports

CNPC ramps up Central Asia pipeline gas imports

China National Petroleum Corp. announced on Wednesday that it has accelerated pipeline imports of gas from Central Asia since the end of 2009.

11 January 2012
Forecasts

Banks forge bearish consensus on US prices

Expectations that gas prices will remain low in 2012 reflect a broad consensus that supply growth will continue to outpace increases in domestic demand.

10 January 2012
Exports

Decision over Peru’s ‘virtual pipeline’ by April

State-controlled Petroperú and Spain’s Repsol YPF will decide on the feasibility of ‘virtual pipelines’ delivering LNG to southern Peru by April, Interfax has learned.

10 January 2012
Exports

Peru exports $1.2 billion of LNG

The Peru LNG consortium was the second-largest constituent of the country’s exports between January and October 2011.

10 January 2012
Production & Consumption

Ukraine produced 20.1 bcm of gas in 2011

Ukraine produced 20.1 bcm of gas last year, up by 0.4% – or by 89.9 MMcm – from 2010, the country’s Energy and Coal Industry told Interfax on Tuesday.

10 January 2012
Production & Consumption

Zhejiang’s Jiaxing City consumes 300 MMcm of gas in 2011

Jiaxing, a city in Zhejiang Province near Shanghai, consumed 300 million cubic metres (MMcm) of gas last year, the Jiaxing municipal government announced on Saturday.

10 January 2012
Production & Consumption

CNPC’s output in Tarim Basin drops in 2011

China National Petroleum Corp.’s (CNPC) gas output in the Tarim Basin fell by 7.14% in 2011 on an annualised basis to 17.05 billion cubic metres, CNPC announced on Tuesday.

10 January 2012
Imports

Uzbekistan resumes gas supplies to Tajikistan

Dushanbe and Tashkent have signed an agreement on the supply of 200 million cubic metres (MMcm) of Uzbek natural gas in 2012, Tajiktransgas chief Saidakhmad Sharofiddinov said on Friday.

10 January 2012
Forecasts

Hedging pullback may signal drilling slowdown

United States natural gas producers are not hedging 2013 volumes as much as previous years, which could mean less production and much-needed support for the country's gas prices

9 January 2012
Exports

Alaska governor calls for new LNG export plant

Alaska governor Sean Parnell is seeking the support of ExxonMobil, BP and ConocoPhillips for a new LNG liquefaction plant to export North Slope natural gas.

9 January 2012
Exports

Price spike threat from Hormuz closure

Feeling the pressure from the international community due to its nuclear programme, Iran has threatened to block the Strait of Hormuz. Interfax explores the effect this could have on gas prices

6 January 2012
Exports

Turkey’s risky bargain with Russia

Energy relations between Turkey and Russia could potentially be hostage to a series of costly decisions made in Ankara to satisfy short-term political interests.

6 January 2012
Production & Consumption

Shell ups output at Changbei gas project

Royal Dutch Shell produced 3.5 billion cubic metres of gas at the Changbei gas field last year, Shell's partner China National Petroleum Corp. (CNPC) announced on Thursday.

6 January 2012
Imports

India, Israel negotiating gas deal

India and Israel, already partners in fields such as defence, counter-terrorism and agriculture, are now considering extending their relationship to the gas sector.

6 January 2012
Exports

Uzbekistan cuts gas supply to Tajikistan

Uzbekistan has cut gas supplies to neighbouring Tajikistan, Tajikistan’s Foreign Ministry spokesman Davlat Nazriev told reporters on Wednesday.

4 January 2012
Exports

Uzbekistan cuts gas supply to Tajikistan

]Uzbekistan has cut gas supplies to neighbouring Tajikistan, Tajikistan’s Foreign Ministry spokesman Davlat Nazriev told reporters on Wednesday.

4 January 2012
Forecasts

Gazprom gets a little help from the independents

Russia’s major independent gas companies drastically increased output in 2011, while Gazprom’s remained broadly flat. Going into 2012, the country is likely to again turn to the independents to maintain its gas balance.

3 January 2012
Exports

Colombia extends export regime to Venezuela

Colombia has agreed to continue exporting gas to its eastern neighbour Venezuela until 2014.The deal, which was announced on 30 December 2011, extends a gas supply contract between Colombian state-controlled company Ecopetrol and Venezuelan counterpart Petróleos de Venezuela that began in 2006, and expired at the end of 2011.

3 January 2012
Exports

Jonathan declares state of emergency in parts of Nigeria

President Goodluck Jonathan has declared a state of emergency in certain parts of Nigeria after a series of bombing attacks carried out by Islamist group Boko Haram on 25 December.

3 January 2012
Exports

Jonathan declares state of emergency in parts of Nigeria

President Goodluck Jonathan has declared a state of emergency in certain parts of Nigeria after a series of bombing attacks carried out by Islamist group Boko Haram on 25 December.

3 January 2012

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