Contractors' margins have been squeezed since oil prices fell. (SCP Oilfield Services) Supply & Demand

Industry must evolve to avoid supply gap – Burke

Caution following the drop in oil prices is set to leave a worrying gap in oil and gas supplies, warns Ray Burke, global product leader at GE.

By Silvia Favasuli 18 July 2017
Supply & Demand

Chinese gas demand could grow 3% by 2030 – report

China’s gas demand could rise by more than 3% per year on average until 2030, while grow in western countries could fall below 1%, the Chinese Academy of Social Sciences has claimed.

27 June 2017
Supply & Demand

South American pipeline and LNG trade falters

The prospects for increasing traded volumes in South America are poor, principally because demand is waning in Brazil and Argentina.

26 June 2017
Supply & Demand

India’s gas demand could rise sixfold by 2030 – Shell

Nitin Prasad, chairman of Shell India, is optimistic about the growth of Indian gas demand, which he expects could rise sixfold by 2030.

23 June 2017
Supply & Demand

Iran starts gas exports to Iraq

Iran has started exporting gas to Iraq, according to an Iranian official.

22 June 2017
Supply & Demand

China CBM production up by 3.2% over first five months of year

China increased its CBM output by 3.2% year on year in the first five months of 2017, to 3.16 billion cubic metres.

20 June 2017
Supply & Demand

Italian volumes fall as Spanish deliveries rebound

North African pipeline exports to Europe fell by 2.9% week on week in Week 24, driven by lower deliveries to Italy.

20 June 2017
Supply & Demand

Russia produces 228 mt of oil and gas condensate over Jan-May

Russia produced 228 mt of oil and gas condensate between January and May 2017, 1.8% more than in the same period last year.

19 June 2017
Supply & Demand

Bulgaria requests additional 2 bcm/y from Shah Deniz

Bulgaria’s Bulgartransgas has started talks with State Oil Company of Azerbaijan Republic on increasing supplies of Azerbaijani gas to Bulgaria.

19 June 2017
Supply & Demand

Asia’s gas growth limited by import capacity

Emerging markets are a major source of gas demand growth in Asia Pacific, but consumption will rise more rapidly as import infrastructure expands.

19 June 2017
Supply & Demand

Trinidad stays calm as storm clouds gather

Trinidad’s government is optimistic about the future, despite gas output falling by more than 20% since 2013.

19 June 2017
Supply & Demand

Output from CNPC’s Amu Darya project hits 60 bcm

China National Petroleum Corp.’s Amu Darya River Gas subsidiary has supplied 60 billion cubic metres of gas to China since its project in Turkmenistan went online at the end of 2009.

16 June 2017
Supply & Demand

Development Bank of South Africa to help finance Mozambique import study

The Development Bank of South Africa will help finance a feasibility study on building a pipeline to import gas from Mozambique’s Rovuma Basin into South Africa

15 June 2017
Supply & Demand

Uzbekistan plans to up China gas exports to 10 bcm/y by 2020

Uzbekistan plans to increase gas exports to China to 10 billion cubic metres per year by the end of 2020, Uzbekneftegaz Chairman Alisher Sultanov said on Wednesday.

15 June 2017
Supply & Demand

Netanyahu meets Tsipras and Anastasiades to talk Med pipeline

Israeli Prime Minister Benjamin Netanyahu met his Greek counterpart Alexis Tsipras and Cypriot President Nicos Anastasiades in Thessaloniki on Thursday to discuss the prospect of Israel exporting gas to Europe.

15 June 2017
Supply & Demand

Chinese gas output up by 10.5% in May

China’s gas output rose by 10.5% on an annual basis in May, to 12.0 billion cubic metres – the lowest volume since October 2016.

14 June 2017
Supply & Demand

Italian gas consumption up 5% in 2016

Italy’s gas consumption was up by 5% on an annual basis in 2016, to 70.9 billion cubic metres.

14 June 2017
The launch of Sinopec’s Beihai terminal has helped to increase the share of LNG in China’s import mix. (Sinopec) Supply & Demand

China’s import dependence to hit fresh high – SCI

China’s rising reliance on imported gas is set to breach 40% this year, but concerns over energy security have been played down.

14 June 2017
Supply & Demand

Ukraine may start direct gas imports from Norway in 2022

Ukraine may start receiving gas directly from Norway from 2022, according to Maksym Beliavsky, an adviser to Ukraine’s energy minister.

12 June 2017
Supply & Demand

Guizhou sets output target of 4 bcm/y by 2020

Guizhou aims to produce 4 billion cubic metres per year of gas by 2020, by which point the fuel should make up 5% of the Chinese province’s energy mix.

12 June 2017
Supply & Demand

Flickers of life in Brazilian gas demand

Brazil's economy is emerging from a severe recession, but it is too soon to say if gas demand is bouncing back.

12 June 2017

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