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Imports

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
Forecasts

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
Exports

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
Forecasts

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
Imports

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
Imports

China to favour gas over nuclear, coal - Inventis CEO

China will move towards natural gas and away from nuclear and coal in its 12th Five-Year plan, Yong Kwek Ping, Chief Executive of investment fund Inventis, predicted at the World Independent Junior Oil and Gas Conference in London on Wednesday.

28 September 2011
Exports

Indonesia’s energy minster says country is reviewing its LNG export contracts

Indonesia’s Energy and Mineral Resources Minister Darwin Zahedy Saleh explained on Monday that the government would curtail its LNG exports and redirect the gas to its domestic market, the Jakarta Post reported on Tuesday.

27 September 2011
Imports

Turkey, Eastern Europe to drive gas demand - Total

European gas demand between now and 2020 will mainly be driven by gas-fired power generation, particularly in Eastern Europe and Turkey, Philippe Boisseau, president of Total’s gas and power division, said in a company presentation to analysts in London on Monday.

27 September 2011
Exports

Gazprom boosts LNG supplies to Japan

Russian gas giant Gazprom has shipped an additional 325,000 tons of LNG to Japan in the wake of the Fukushima nuclear plant disaster, Alexander Medvedev, Gazprom’s Deputy CEO said on Tuesday.

27 September 2011
Imports

Rising costs deter CNOOC from relying on spot market

China National Offshore Oil Corp. (CNOOC) has little interest in purchasing spot imports of LNG this winter, according to a company official who spoke to China Daily on Tuesday.

27 September 2011
Imports

Japan to double role in foreign gas, oil projects in 20 years

The government of Japan intends to encourage Japanese energy companies to increase their involvement in oil and gas projects abroad from 20% to 40% over the next 20 years, Hisayoshi Ando, director general of the Natural Resources and Fuel Department at Japan's Ministry of Economy, Trade and Industry, said on Monday at the 2011 Sakhalin Oil and Gas

27 September 2011
Exports

Gazprom, CNPC upgrade proposals on Russian gas supplies to China

Gazprom and China National Petroleum Corp. (CNPC) have agreed to upgrade proposals on Russian gas supplies to China, a statement by Gazprom announced on Monday.

26 September 2011
Forecasts

CNPC postpones natural gas price hike in Ningxia

China National Petroleum Corp. (CNPC) will postpone a 10% natural gas price hike in west China's Ningxia Hui Autonomous Region, the Ningxia arm of the National Development and Reform Commission (Ningxia NDRC) announced on Friday.

23 September 2011
Exports

Pipeline project sponsors continue charm offensive in Baku

Representatives from Nabucco, TAP and ITGI pipeline projects presented their cases at the Gas Infrastructure World Caspian Conference in Baku this week, hoping to secure gas from the second phase of Shah-Deniz.

22 September 2011
Forecasts

Changchun City's daily winter gas consumption to reach 1 MMcm

North-east China's Changchun City, capital of Jinlin Province, will see its daily gas consumption climb to a record 1 million cubic metres (MMcm) 35.3 million cubic feet) this winter, the city's state-owned gas distributor Changchun Gas, forecast on Thursday.

22 September 2011
Imports

European gas imports from Russia to increase by 6.9% through to 2015 - VTB

European gas imports from Russia are expected to increase by 6.9% per year through to 2015 because of an increasingly tight LNG market, analysts at Russian investment bank VTB Capital said in a report published this week.

22 September 2011
Imports

Russia wants to increase Azerbaijani gas buys - SOCAR chief

Russia is interested in increasing the amount of gas it buys from Azerbaijan, the president of State Oil Company of the Azerbaijani Republic (SOCAR), Rovnag Abdullayev, told the press at the annual Gas Infrastructure World Caspian 2011 conference in Baku on Wednesday.

21 September 2011
Exports

Shah Deniz consortium to decide on gas export route to Europe by 2012

Participants in the Shah Deniz project in Azerbaijan's sector of the Caspian Sea will decide by 2012 on a route to deliver the project's gas to European markets, Richard Tawse, the project's commercial manager, said at the annual Gas Infrastructure World Caspian 2011 in Baku on Wednesdsay.

21 September 2011
Imports

Gas independents to maintain supply deals with E.On Russia

E.On Russia, the Russian electricity arm of German utility E.On AG, plans to maintain the proportion of gas it consumes from independent gas suppliers throughout 2012, chairman of the company's board of directors Sergei Tazin said on Wednesday.

21 September 2011
Exports

SOCAR looks to supply gas directly to DEPA in Greece

The State Oil Company of the Azerbaijani Republic (SOCAR) is negotiating with Greece's national gas company DEPA and Turkey's Botas over direct gas shipments to Greece, SOCAR Vice President Elshad Nasirov told reporters on Wednesday.

21 September 2011

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