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

Asian gas-related investment in Australia unaffected by global downturn

Demand for Australian commodities is experiencing growth, despite the tumult in global markets, Australia’s Resources Minister, Martin Ferguson, said on 8 August.

9 August 2011
Supply & Demand

Tepco ups LNG use for power generation for 5th month in July

Tokyo Electric Power Co (Tepco) has increased its use of LNG in order to generate power for the Japanese market, Reuters reported on 9 August.

9 August 2011
Supply & Demand

Gazprom considers $20 bn order from Murmansk for Yamal project

Gazprombank is considering to order 20 ice-resistant platforms and 50 supply vessels from the Murmansk region at an overall cost of $20 billion for Gazprom’s Yamal hydrocarbons projects, the Murmansk region’s governor, Dmitry Dmitriyenko, told Interfax.

9 August 2011
Supply & Demand

Cyprus continues LNG liquefaction talks, while dithering over key gas import decisions

The Cypriot ministry of commerce, industry and tourism (MCIT) is in discussions with Israel over the possibility of building an LNG liquefaction plant on the island.

8 August 2011
Supply & Demand

Russian gas price still too high for China - expert

The price of Russian gas remains too high for China despite Russia recently lowering its asking price during ongoing negotiations, industry analysts have told Interfax.

8 August 2011
Supply & Demand

Ningxia natural gas consumption to hit 3 bcm yearly by 2015

China’s effort to reduce its dependence on coal is showing signs of success, as gas consumption in Ningxia Hui Autonomous Region is forecast to reach 3 billion cubic metres annually by the end of 2015, up 33% from 2010, state-run Ningxia Daily reported on 8 August.

8 August 2011
Supply & Demand

Netherlands to be net importer of gas by 2025

The Netherlands is likely to become a net importer of natural gas by 2025 because of declining domestic reserves, Nigel Harris, a principal consultant at Kingston Energy, told Interfax this week.

5 August 2011
Supply & Demand

Peru’s government guarantees supplies to Lima distributor

Peru's government has said it will guarantee supplies to Calidda Gas Natural del Peru, the distributor that delivers gas from the Camisea field in the Andes mountains to the Lima region.

5 August 2011
Supply & Demand

Bulgargaz continues gas supply negotiations with Gazprom

Bulgargaz is in negotiations with Gazprom for a new gas supply contract which would give it direct access to Russian gas, rather than buying gas through intermediaries.

4 August 2011
Supply & Demand

Bangladesh: It’s time to entice the foreign bigwigs

The Bangladeshi government will need to drastically reduce its gas price subsidies to order to entice foreign investment in oil and gas.

4 August 2011
Supply & Demand

Uzbekistan raises gas prices for Tajikistan

Uzbekistan has raised the price of gas it sells to Tajikistan for the third quarter of 2011.

3 August 2011
Supply & Demand

Turkey plans to sign transit gas agreement with Azerbaijan in September

Azerbaijan and Turkey plan to reach a transit agreement in September 2011 on the supply of Azerbaijani gas to Europe, Turkish ambassador to Azerbaijan Hulusi Kilic said on Tuesday.

3 August 2011
Supply & Demand

Petrobras says pre-salt growth could rival North Sea

The chief executive of Brazilian state-controlled giant Petrobras has said that production growth from the country’s ‘pre-salt’ deposits could follow the same trajectory as that of the North Sea in its first decade.

2 August 2011
Supply & Demand

Belarus says gas price to average up 46% to $270 in 2011

The Belarusian government expects the price of gas to rise 46% to $270 per thousand cubic metres (Mcm) in 2011, from $185 in 2010 and $150 in 2009, a representative of the Council of Ministers told Interfax.

2 August 2011
Supply & Demand

UK power plants mothballed on higher gas prices

Low profit margins for gas-fired power generation in the UK has resulted in 2 GW of plant mothballing this year, UK utility Drax said on Tuesday.

2 August 2011
Supply & Demand

China spends $4.4 billion on H1 gas imports

China spent RMB 26.39 billion ($4.41 billion) on 10.97 million tons of imported natural gas in the first half (H1) of 2011, according to data released by General Administration of Customs (GAC) on 2 August.

2 August 2011
Supply & Demand

Higher LNG prices force India to boost home-made gas supplies

India will have to focus on significantly boosting its own production of gas – both conventional and unconventional – in order to effectively fill a growing shortfall.

1 August 2011
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

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