Supply & Demand

Imports

Indonesia’s gas imports soar as consumption rises

Indonesia’s oil and gas imports between January and September climbed by 55.7%, while exports rose by 65.5%, compared to the same period last year, the country’s Ministry of Trade reported on Tuesday.

2 November 2011
Forecasts

Non-Gazprom gas output continues to grow in October - Gazprombank

Russian independent oil and gas producers, led by Novatek, are continuing to increase production while Gazprom’s output declines year-on-year, Gazprombank said in a research note published on Monday.

1 November 2011
Exports

Russia-China pipeline gas deal unlikely – Milov

Russian pipeline exports to China are unlikely because of a disagreement over pricing, Vladimir Milov, the president of Russia’s Institute of Energy Policy and former advisor to the Minister of Energy for Russia, told Interfax on Tuesday.

1 November 2011
Imports

Chile looks to reduce reliance on gas

Despite being surrounded by three of the region’s top gas producers and with a selection of LNG regasification terminals to choose from, gas does not form a major part of Chile’s future energy pol

1 November 2011
Exports

Peru’s growing pains

A series of ambitious gas transportation and distribution projects will benefit Peru’s domestic market, but may come at the expense of the country’s LNG exports.

31 October 2011
Imports

BTC, Botas agree new pricing for gas at BTC pipeline pumping stations

BTC, the operator of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, and Turkey's Botas International have agreed amendments to a deal on transporting oil via the BTC pipeline, the Turkish newspaper Hurriyet reported on Monday, citing Turkish Energy and Natural Resources Minister Taner Yildiz.

31 October 2011
Forecasts

Australian gas price rise is affordable and necessary - Santos

A steady rise in eastern Australian gas prices will be an inevitable and affordable side-effect of the large-scale LNG liquefaction projects in development in the region, but its impact on customers will be “minimal and marginal”, a Santos vice-president said at the Australia Gas Conference in Sydney on Monday.

31 October 2011
Imports

‘No guarantee’ China will take Kitimat LNG

Chinese buyers and the North American firms behind the recently approved Kitimat LNG terminal in Canada may find it difficult to come to terms on LNG pricing.

28 October 2011
Exports

SOCAR signs gas transport agreements with Turkey for Shah Deniz Phase-2

A series of agreements will provide for the transit of gas from Azerbaijan’s Shah Deniz Phase 2 to Turkey between 2017 and 2042, president of the State Oil Company of the Azerbaijani Republic (SOCAR) Rovnag Abdullayev said in an interview on the Azerbaijani television station ANS on Friday.

28 October 2011
Imports

Sliding US gas reference prices bode well for China's LNG imports

Sharp declines in the benchmark price of North American gas will drive down the cost of United States LNG exports to China, an industry expert told Interfax on Thursday.

27 October 2011
Imports

Sinopec begins gas transmissions to Hengshui City industrial park

The tenants of Hengshui's North Industrial Park in Hebei Province began receiving gas supplies from Sinopec this week, the Hengshui municipal government announced via its official website on Thursday.

27 October 2011
Forecasts

South Xinjiang increases gas purchases from Tarim Oilfield

The five states of southern Xinjiang Uyghur Autonomous Region have upped purchases of gas from the Tarim Oilfield to meet rising demand, the oilfield's operator PetroChina Tarim Oilfield disclosed on Wednesday.

26 October 2011
Forecasts

NDRC sanguine about gas supplies this winter

With new pipeline infrastructure and terminals in place, northern and western China are unlikely to experience gas shortages this winter, but the supply situation in southern regions is less certain, the National Development and Reform Commission (NDRC), China's state economic planner, announced in a press release on Tuesday.

26 October 2011
Forecasts

New England states need new capacity to meet future gas demand

ISO New England, the power grid operator for the six New England states - Vermont, Maine, New Hampshire, Massachusetts, Rhode Island, and Connecticut, forecast in its October 2011 Regional System Report that low natural gas prices are supporting the increasing use of natural gas for power generation and heating in New England.

25 October 2011
Imports

China LNG imports hit 1.15 mln tons in September

China's imports of LNG in September rose by 17.45% year-on-year to 1.15 million tons, second only to July's record of 1.18 million tons, according to General Administration of Customs figures released on Monday.

25 October 2011
Forecasts

Pricier LNG growing more attractive as Indian output drops

The disappointing decline in gas production from India’s Krishna Godavari Basin D6 Block has already caused shortages in the power sector and concerns about supplies in the near and mid-term.

25 October 2011
Imports

EGAS resumes gas flows to Israel, but unwilling to pay compensation for disruptions

Egyptian natural gas supplies to Jordan and Egypt have restarted, Osama Kamal El Din, the general manager of natural gas and energy studies at Egypt’s state-owned Egyptian Natural Gas Holding Co (EGAS) told Interfax on Tuesday.

25 October 2011
Forecasts

China natural gas supply to increase 20% this winter – NDRC

China's natural gas supply will rise 20% year-on-year this winter, but local distributors may still struggle to meet demand, a top energy official said at an industry conference in Shandong Province's Jinan City on Friday.

24 October 2011
Forecasts

Australian domestic market may suffer as LNG goes abroad

Australia’s LNG production is set to boost the country’s export revenues but it also likely to lead to high gas prices and more domestic shortages.

24 October 2011
Imports

China's gas imports poised to rise over next few years - CNCET

China's gas imports are expected to grow over the next few years as the country's demand for the clean burning fuel increases and domestic energy companies continue to seek out additional supplies, an official with China National Chemical Economic & Technical Development Centre said at an industry conference in Beijing on Thursday.

21 October 2011

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