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Exports

Egypt’s threat to hike Israeli gas prices may be politically motivated

Egypt’s threat to raise the price Israel pays for natural gas may be motivated by “political posturing” before the upcoming elections, Jules Robinson, a researcher at the University of Warwick and regional analyst, told Interfax on Friday.

7 October 2011
Exports

Australia itching for FID on Ichthys LNG Project

Ichthys $23 billion Australian LNG project will help take Australia from being a regional hub to a "global leader" in LNG with export volumes second only to Qatar, said Martin Ferguson, Minister for Resources and Energy, on Thursday.

6 October 2011
Imports

Naftogaz Ukrainy pays Gazprom $867 mln for September gas

Ukraine’s national oil and gas company Naftogaz Ukrainy has transferred around $867 million to Gazprom as full settlement for gas delivered last month, a spokesperson for the company told Interfax.

6 October 2011
Forecasts

New Australian LNG will rely on stronger Asian demand

As LNG demand from Asian heavyweights such as Japan, China and India is expected to grow significantly in the next five to 10 years, they are likely to benefit from the surge in new Australian LNG supplies due to come on stream in the same period, according to a new study by Fitch Ratings.

3 October 2011
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

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