News Archive: Supply & Demand
Azerbaijan’s gas exports down
Exports | 18 March 2015 12:46 GMT
Azerbaijan exported 1.61 billion cubic metres of gas in the first two months of 2015 – 3.1% less than in the same period last year.
EU, Russia, Ukraine confirm gas talks on 20 March
Imports | 18 March 2015 12:44 GMT
The next meeting between the EU, Russia and Ukraine will take place on Friday in Brussels, the European Commission confirmed on Wednesday.
Guangzhou still discussing Woodfibre offtake
Imports | 18 March 2015 11:15 GMT
Woodfibre LNG Export and Guangzhou Gas have extended their MOU by seven months to buy more time for negotiations over the offtake agreement.
Brazil relies on good neighbours for bailout
Imports | 17 March 2015 12:19 GMT
Brazil is using Argentine ports and pipelines to supply its drought-stricken southeastern region with gas.
PetroChina pumps more heating gas over winter
Imports | 17 March 2015 12:07 GMT
PetroChina said on Tuesday it had supplied 53.79 billion cubic metres of gas during China’s heating season.
Texas LNG submits FERC application for exports to Mexico
Exports | 17 March 2015 12:05 GMT
Texas LNG has submitted its pre-filing letter to the Federal Energy Regulatory Commission to export LNG to Mexico.
Naftogaz pays Gazprom another week up front
Imports | 17 March 2015 11:53 GMT
Ukraine’s Naftogaz Ukrainy has paid Gazprom another $15 million for Russian gas to be shipped in March, Gazprom said on Tuesday.
GreenStream bucks the trend
Imports | 17 March 2015 11:07 GMT
GreenStream was the only North African pipeline to increase volumes to Europe in Week 11.
Eni signs HOA to invest in Egypt
Production & Consumption | 16 March 2015 12:39 GMT
Eni has signed a heads of agreement with Egyptian Oil Minister Sherif Ismail to invest $5 billion in projects in Egypt over the next four years.
Naftogaz Ukrainy makes fourth payment for March gas from Russia
Imports | 16 March 2015 12:34 GMT
Naftogaz Ukrainy transferred another $15 million to Gazprom on 12 March as prepayment for Russian gas supplies.
Azerbaijan oil and gas production increases
Production & Consumption | 16 March 2015 12:32 GMT
Azerbaijan boosted its oil production by 1.6% year on year in January-February 2015, to 6.9 mt, the state statistics committee told Interfax.
Norwegian exports decline in 2014
Exports | 16 March 2015 12:22 GMT
Norway exported 101.1 bcm of gas via pipeline to Europe in 2014, according to data released by the Norwegian Petroleum Directorate.
Ukraine could buy fixed volume of Russian gas
Imports | 13 March 2015 13:17 GMT
Ukraine is ready to discuss the possibility of buying a fixed volume of gas from Russia as a part of the ‘summer package’ if the prepayment condition is removed.
PGNiG gas sales and profits up
Imports | 13 March 2015 10:41 GMT
Poland’s state-owned gas monopoly PGNiG produced 4.5 bcm of gas in 2014 and recorded higher gas sales and profits despite capped Russian imports.
The Brazil Brief: Back to the straight and narrow
Imports | 12 March 2015 13:15 GMT
Scandal-hit Petrobras could sell up to $5.5 billion in gas and energy assets, but it is not a seller’s market, say experts.
Cyprus considering Aphrodite export options
Exports | 12 March 2015 12:51 GMT
Cyprus is looking closely at options to export gas via pipeline from Noble Energy’s Aphrodite field to Egypt and Jordan.
EU, Moscow and Kiev yet to set date for Russian supply talks
Exports | 12 March 2015 12:48 GMT
The EU, Moscow and Kiev are yet to agree on a date for their next three-way talks on Russian gas supplies to Ukraine.
Philippines production rises in trouble-free 2014
Production & Consumption | 12 March 2015 10:49 GMT
A problem-free year for the Philippines’ sole producing gas field saw production increase in 2014, while output remained steady in Vietnam over the first two months of 2015.
PPGC cancels Leviathan deal
Imports | 11 March 2015 13:58 GMT
Palestine Power Generation Co. has cancelled a deal to buy about $1.2 billion of gas from Israel’s Leviathan field, Delek Drilling said on Wednesday.
Contracts curb Chinese NOCs’ need for spot LNG
Forecasts | 11 March 2015 10:58 GMT
Asian spot LNG prices have dropped to levels not seen for five years, but that still may not be enough to lure China’s big state buyers, which need to absorb contracted volumes.