Nigerian LNG plant maintenance work Supply & Demand

Energy sector uptick helps Nigeria limp out of recession

Nigeria has calmed the unrest in the Niger Delta, boosting its gas production.

By Miriam Malek 11 September 2017
Supply & Demand

China faces 30 GW power shortfall in H2 - China Electricity Council

China faces power shortages of up to 30 GW in the second half of this year, state media reported on 1 August.

1 August 2011
Supply & Demand

Natural gas consumption in Hainan expected surge by 40% in 2011

Natural gas consumption in South China's island province of Hainan is expected surge by 40% year-on-year in 2011 to 5.12 billion cubic metres (bcm) (180.8 billion cubic feet), the provincial government forecast on 31 July.

1 August 2011
Supply & Demand

Turkmenneft reveal gas figures

State-owned Turkmenneft produced over 5 billion cubic metres (176.5 billion cubic feet) of gas in the first half of 2011, the Oil and Gas Industry and Mineral Resources Ministry stated on its website today.

28 July 2011
Supply & Demand

Proven and probable reserves in Australia’s Meridian SeamGas up by 93%

Australian coal seam gas operator WestSide has lifted its estimate of the proven and probable reserves in the Meridian SeamGas fields by 93% compared with the level last year, the company said today.

27 July 2011
Supply & Demand

Novatek tanker reaches China

Russian gas producer Novatek has successfully transported over 60,000 tons of gas condensate from Murmansk port in Russia to Ningbo in China.

27 July 2011
Supply & Demand

Edison sees profits slump on low gas demand

Italian utility Edison recorded a net loss of €62 million ($88.5 million) in the first half (H1) of 2011, compared to net profits of €142 million ($202.7 million) in the first half of 2010, largely caused by relatively low domestic demand for power and natural gas, it said on Monday.

26 July 2011
Supply & Demand

Sino Oil & Gas CBM project to go online in August

Hong Kong-listed Sino Oil and Gas Holdings (Sino Oil & Gas) will supply Shanxi Province with CNG from the company's coal-bed methane (CBM) field in Shanxi's Sanjiao Block next month, the firm announced on Monday.

26 July 2011
Supply & Demand

Iran inks pipeline deal with Iraq and Syria

Iran, Iraq and Syria will sign a trilateral memorandum of understanding (MOU) today for the transit of Iranian gas from the country's South Pars gas field into Europe via Lebanon and Mediterranean Sea, according to a press statement by National Iranian Gas Company (NIGC).

25 July 2011
Supply & Demand

Ready to dump long-time European partners, Gaddafi courts new allies

As the conflict continues in Libya, existing contracts for oil and gas are being torn up, and new relationships are being forged.

25 July 2011
Supply & Demand

China June LNG import hit record high

As China’s industrial demand for gas increased, LNG imports jumped 10.6% year-on-year for June on the back of peak summer power demand. China boosted imports of LNG last month by 40.21% year-on-year to reach 1.04 million tons, according to statistics released on Thursday by the General Administration of Customs (GAC).

22 July 2011
Supply & Demand

Warsaw may revisit Russia gas agreements - foreign affairs minister

The Polish authorities may reconsider the terms for gas imports from Russia, in the event that Polish shale gas resources are declared profitable for development, Poland’s Foreign Affairs Minister Radoslaw Sikorski said.

21 July 2011
Supply & Demand

Gazprom to list production facilities affected by Q4 Eastern Gas Programme

Gazprom and the Russian government are making adjustments to the Eastern Gas Programme, as Gazprom’s board of directors directed the management to draw up a list of Gazprom production facilities in Eastern Russia that might be affected.

21 July 2011
Supply & Demand

Moldovagaz hopes to sign new five-year deal with Gazprom

The Russian-Moldovan natural gas supplier Moldovagaz and its majority stockholder - Russian gas giant Gazprom - agree that it would be advisable to sign a new contract on the export of natural gas to Moldova for the next five years, a Moldovagaz management spokesman told Interfax, referring to the results of a Moldovan delegation to Moscow on 15 Ju

19 July 2011
Supply & Demand

China consumes 63.1 bcm of natural gas in first half 2011

China consumed 63.1 billion cubic metres of natural gas for the first half of 2011, a 21% increase year-on-year, the National Development and Reform Commission (NDRC) said this week.

19 July 2011
Supply & Demand

Gazprom ups pace of gas exports to Europe

Deliveries of gas from the former Soviet Union to European countries in the Organization for Economic Cooperation and Development (OECD) increased 14.2% year-on-year in April, according to International Energy Agency (IEA) data.

18 July 2011
Supply & Demand

Slow economic growth mars Spanish demand outlook

Spanish demand for gas has recovered since the recession, but with fiscal tightening and drives toward alternative energy, the next few years are expected to be flat.

18 July 2011
Supply & Demand

Pakistan pushes ahead with IPI but delays expected

Pakistan says that it is forging ahead with plans to complete its section of the Iran-Pakistan-India natural gas pipeline in 2014. However, staunch opposition from the US, high costs and security concerns and Indian wariness of dealing with its neighbour and foe may delay construction of the Pakistani branch and keep the Indian branch from ever bei

18 July 2011
Supply & Demand

Hainan Province gas demand exceeds supply by 140 mcm in H1

Gas demand in Hainan Province has surpassed supply in the first six months of 2011 by some 140 million cubic metres (MMcm), the Hainan Daily reported on Thursday.

15 July 2011
Supply & Demand

Eni unlikely to suffer from halt of Libyan cooperation

The Libyan leader Muammar Gaddafi’s decision to cease cooperation with Italy’s Eni is unlikely to have much of an impact on the oil and gas major or the Italian gas sector, at least in the near-term.

15 July 2011
Supply & Demand

LNG exporters hit by carbon tax

LNG producers in Australia will have to pay A$23 ($25) per ton of CO2 on 50% of their emissions by 2015 under a new carbon tax introduced by the Federal government yesterday.

11 July 2011

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