A gas storage facility near Beijing. Supply & Demand

CNPC offers more sober China gas growth assessment

China’s top gas producer expects the country to just about sustain double-digit growth this year, in contrast to more-optimistic recent predictions.

By Colin Shek 17 January 2018
Supply & Demand

Wuhan may limit gas supplies to industry this winter

Wuhan, the capital city of Hubei Province, may limit natural gas supplies to industry this winter to avert natural gas shortages, a representative from the Wuhan arm of the National Development and Reform Commission (Wuhan NDRC) told Interfax on Monday.

17 October 2011
Supply & Demand

CNPC gas supply to Jiangsu and Zhejiang up 34% in three-month period

China National Petroleum Corp. (CNPC) supplied 1.17 billion cubic metres of gas to the coastal provinces of Jiangsu and Zhejiang during this year's peak summer consumption season, up 34.7% year-on-year, CNPC announced on Friday.

14 October 2011
Supply & Demand

Tianjin Municipality to boost gas supply sevenfold by 2015

Tianjin Municipality, a major eastern port city next to Beijing, intends to boost gas supplies sevenfold to 10 billion cubic metres (353 billion cubic feet) by 2015, state media reported Tuesday, citing Jin Jiande, president of Tianjin Gas Group.

13 October 2011
Supply & Demand

Belarus asks Gazprom to delay 2011 gas payments to 2012 - source

Belarus and Gazprom are discussing the possibility of putting off payment of the republic’s 2011 gas debts until next year, a source familiar with the negotiations told Interfax.

13 October 2011
Supply & Demand

Ukraine ups gas royalties 2.8% in September

Ukraine’s Economic Development and Trade Ministry increased the adjusted coefficient for calculating royalty payments on gas by 2.8% – from 1.9286 August to 1.9825 in September.

12 October 2011
Supply & Demand

Coefficient won't lower gas price for Belarus substantially in 2012

The coefficient that will be used to calculate the price of Russian gas that Belarus imports in 2012 will not have a significant effect on the end price of gas.

12 October 2011
Supply & Demand

Russia, China close to gas deal - Sechin

Russia's Deputy Prime Minister Igor Sechin said on Wednesday that Russia and China are close to agreeing a gas deal.

12 October 2011
Supply & Demand

Market conditions favour China in gas talks with Russia

A gloomy outlook for the global economy may work in China's favour in its ongoing natural gas supply negotiations with Russia, a Chinese energy expert told Interfax on Monday.

11 October 2011
Supply & Demand

EMG launches international arbitration against Egyptian gas suppliers

Ampal-American Israel Corporation announced on Sunday that East Mediterranean Gas, the pipeline operator in which it holds a 12.5% interest, is pursuing legal action against Egyptian state-owned companies Egypt General Petroleum Corporation and the Egyptian Natural Gas Holding Company for failure to deliver gas supplies.

10 October 2011
Supply & Demand

Kazakhstan gas production increases 8.2% January to September

Kazakhstan produced 29.5 billion cubic metres of gas between January and September, 8.2% more year-on-year, according to figures from Kazakhstan’s Ministry of Oil and Gas.

7 October 2011
Supply & Demand

Eni CEO confirms October Green Stream start-up

Eni’s Chief Executive Paolo Scaroni confirmed that the company would restart gas exports through the Green Stream pipeline this month on a conference call with analysts on Thursday.

7 October 2011
Supply & Demand

Egypt’s threat to hike Israeli gas prices may be politically motivated

Egypt’s threat to raise the price Israel pays for natural gas may be motivated by “political posturing” before the upcoming elections, Jules Robinson, a researcher at the University of Warwick and regional analyst, told Interfax on Friday.

7 October 2011
Supply & Demand

Australia itching for FID on Ichthys LNG Project

Ichthys $23 billion Australian LNG project will help take Australia from being a regional hub to a "global leader" in LNG with export volumes second only to Qatar, said Martin Ferguson, Minister for Resources and Energy, on Thursday.

6 October 2011
Supply & Demand

Naftogaz Ukrainy pays Gazprom $867 mln for September gas

Ukraine’s national oil and gas company Naftogaz Ukrainy has transferred around $867 million to Gazprom as full settlement for gas delivered last month, a spokesperson for the company told Interfax.

6 October 2011
Supply & Demand

New Australian LNG will rely on stronger Asian demand

As LNG demand from Asian heavyweights such as Japan, China and India is expected to grow significantly in the next five to 10 years, they are likely to benefit from the surge in new Australian LNG supplies due to come on stream in the same period, according to a new study by Fitch Ratings.

3 October 2011
Supply & Demand

Turkey: A tough negotiating partner

Turkey is making good use of its strong position in negotiations with Gazprom over renewing its import contracts, and if the Russian major back downs it could set a precedent for other European compan

30 September 2011
Supply & Demand

Japanese LNG demand may soar by over 30% by 2012

Japan’s LNG demand may climb by as much 31.5% between 2010 and 2012 if it does not restart any of its nuclear power plants following this year’s earthquake, a gas analyst for the International Energy Agency (IEA) told Interfax.

30 September 2011
Supply & Demand

Denmark considers its options as resources dwindle

Denmark is in the process of being transformed from a net exporter to a net importer of natural gas and needs to reconsider its supply options for the future.

29 September 2011
Supply & Demand

China’s natural gas supply-demand to balance out this winter - analysts

China is unlikely to experience severe gas shortfalls this winter as the country’s gas supply and demand have achieved a level of equilibrium, according to several China-based industry analysts.

29 September 2011
Supply & Demand

China's gas-fuelled power plans could backfire

China’s plan to install 60 gigawatts of gas-fired power plants by 2015 may not be viable because of limited domestic supply and the high cost of imports, industry experts have told Interfax.

28 September 2011

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