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Production & Consumption

Germany gas demand

Natural gas demand in Germany fell to the lowest level recorded since 1998 in September, Deutsche Bank said in a Commodities Weekly report published on Friday.

25 November 2011
Imports

China's LNG imports valued at $4.15 bln during first 10 months

China imported 9.41 million tons of LNG over the first 10 months of the year at an average price of $440.75 per ton, according to data released on Friday by the General Administration of Customs (GAC).

25 November 2011
Imports

China's Guangdong Province begins receiving Turkmenistan gas

Shenzhen and Guangzhou, the largest cities in Guangdong Province and manufacturing powerhouses of the Pearl River Delta, began receiving natural gas from Turkmenistan on Thursday via the second West-East Gas Pipeline (WEP II), China National Petroleum Corp. (CNPC), the pipeline's operator, announced today.

25 November 2011
Exports

Russia-Belarus Union State Council to meet in Moscow

Russian President Dmitry Medvedev and his Belarusian counterpart Alexander Lukashenko will meet on Friday to discuss gas co-operation and hold another session of the Supreme State Council of the Union State.

25 November 2011
Forecasts

Shaanxi Province expects daily gas shortfalls of 3.6 MMcm this winter

Shaanxi Province's demand for gas is expected to outstrip supply by 3.6 million cubic metres per day (MMcm/d) during the peak winter consumption period, the Shaanxi provincial government forecast on Thursday.

24 November 2011
Imports

Limited potential for demand growth in Europe

There is limited potential for demand growth in European gas markets due to high costs for gas-to-power generators and increasing investment in renewables, Warner ten Kate, energy analyst at the International Energy Agency’s gas, coal and power markets division told a conference in Lyon on Wednesday.

23 November 2011
Forecasts

Sichuan’s Luzhou City close to exhausting deposits

Luzhou City, a major chemical production base in central China’s Sichuan Province, is on the brink of exhausting its gas reserves, a government official told Interfax on 23 November.

23 November 2011
Forecasts

Change in the air as Qatar looks inwards

Qatar, the world’s largest LNG exporter, is turning its attention to developing a vast downstream gas industry and forging new LNG partnerships abroad.

21 November 2011
Imports

Japan LNG imports up again in October

Japan’s LNG imports rose again in October, this time by 17.9% to 6.12 million tons, according to statistics released by the Finance Ministry on Monday.

21 November 2011
Imports

Statoil & Centrica sign £13 bln supply deal

Statoil and Centrica have signed a long-term gas sales agreement for the delivery of 5 billion cubic metres of gas a year into the UK market.

21 November 2011
Forecasts

Fukushima a turning point for European utilities - SocGen

The Fukushima nuclear disaster represented a turning point for the power market and will, in turn, accelerate the growth of European utilities, according to Societe Generale in its new utilities report.

18 November 2011
Imports

Domestic carriers transport bulk of China's term LNG imports

A domestic fleet of five tankers has been transporting the bulk of China's term shipments of LNG from two suppliers in Asia.

18 November 2011
Imports

China's gas-fired power industry profitability in doubt

China’s gas-fired sector is concerned that it cannot make a profit until the price of LNG imports decreases.

18 November 2011
Forecasts

No floor on December US gas prices - Barclays

There is no short-term floor on the December United States gas price because of high levels of gas in storage and warmer-than-usual autumn weather, Barclays Capital analysts said in a research note on Thursday.

17 November 2011
Exports

Industrial plants drive Brazil demand growth

Industrial consumption continues to drive Brazilian gas demand, state-owned energy company Petrobras said on Wednesday in its third quarter results presentation.

17 November 2011
Exports

Gas exporters back oil-index linked contracts

A top priority for the 12-member Gas Exporting Countries Forum is linking gas prices to oil-indexed prices.

16 November 2011
Forecasts

Heilongjiang's Mudanjiang City to use natural gas by year-end

Mudanjiang City in north China's Heilongjiang Province will begin consuming gas next month once pre-commission checks are carried out on the first phase of a gas utilisation project, the Mudanjiang municipal government said on Tuesday.

16 November 2011
Forecasts

China hub could promote Europe-Asia price consistency

China could see the creation of its own gas pricing hub in either Beijing or Shanghai, as gas markets across eastern Asia develop in the coming years, Interfax has learned.

16 November 2011
Imports

Talks of Ukraine gas deal ‘premature’

Negotiations between Russia and Ukraine on gas supplies are continuing, and comments on their results will be made after the relevant documents are signed, Dmitry Peskov, spokesman for the Russian prime minister, told Interfax on Wednesday.

16 November 2011
Exports

Ukraine hopes to save $6 bln annually with new gas price - Azarov

Ukrainian Prime Minister Mykola Azarov expects that, after Ukraine and Russia agree on reducing the price for gas Ukraine buys from Russia, his country will save $500 million a month.

16 November 2011

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