The Power of Siberia pipeline. Difficult relations with the West may encourage Russia to look east. (Gazprom) Fundamentals

Court case caps Russia’s year of discord

Russia’s Gazprom is unlikely to find 2016 any easier than 2015, as key disputes over supply infrastructure and gas contracts are likely to fester.

A Chinese shale gas liquefaction plant. The country looks set to miss its shale output target. (Jereh Oilfield Services) Fundamentals

China’s gas demand crunch is cause for concern

China’s unexpectedly soft gas demand has changed the dynamics of the global gas market this year, and its potential as a future growth-driver is uncertain.

Malaysia’s LNG export volumes fall in September

Malaysia’s LNG export volumes fell by 17% year on year in September, to 1.8 mt. Exports between January and September declined by 2% compared with the same period in 2014.

12 November 2015
Uzbekistan’s President Islam Karimov (right) with Japan’s Prime Minister Shinzo Abe in Tashkent, Uzbekistan. (PA)

Abe attempts to crack Central Asia

Japanese PM Shinzo Abe’s tour of Central Asia brought in a number of energy deals, but experts expect Japan to face challenges in moving from these announcements to commercial reality.

12 November 2015
Investigators search the wreckage of the Metrojet airliner crash in Egypt. (PA)

Terror threat looms large over Egypt’s gas sector

The prospect of greater security risks in Egypt has not yet shaken the nerve of IOCs operating there, even though the oil and gas industry is a major target.

12 November 2015

YPF ordered to reveal Chevron contract details

Argentina’s state-controlled YPF has been ordered by the country’s Supreme Court this week to reveal details of its 2013 contract with US supermajor Chevron to explore the huge Vaca Muerta shale reserves.

11 November 2015

Gazprom and KPC sign MOU for partnership

Gazprom and Kuwait Petroleum Corp. have signed a memorandum of understanding to determine areas of potential partnership, Gazprom has announced.

11 November 2015

Shell seeks permission for Russian JV

Shell has asked regulators for permission to work with Gazprom Neft on a joint venture, Khanty-Mansi Oil and Gas Union, despite the continuing EU and United States sanctions against Russia.

11 November 2015

Sinopec, PetroChina sell 615 MMcm on SHPGX

A total of 615 MMcm of pipeline gas was sold by Sinopec from the Shandong pipeline network and by PetroChina from its West-East Pipeline and Shaan-Jing networks last week.

11 November 2015

IEA’s World Energy Outlook goes green ahead of COP21

The International Energy Agency has suggested global gas consumption could grow by 50% by 2040, according to its latest World Energy Outlook.

10 November 2015

Shanghai gas exchange to finish tests next month

The Shanghai Petroleum and Gas Exchange will finish a test run next month and start commercial operations.

10 November 2015
Wildcat gives you a head-start on the coming week.

Wildcat’s Pick of the Week

Wildcat gives you a head-start on the week and a round-up of what mattered last week.

9 November 2015

Mozambique and Angola talk collaboration

Mozambique’s President Filipe Nyusi has arrived in Luanda to discuss areas for business collaboration between Mozambique and Angola with the country’s President José Eduardo dos Santos.

9 November 2015

US gas futures trading at three-year low

United States gas futures prices are trading lower than in previous years, the Energy Information Administration has said.

6 November 2015
Cuadrilla has appealed against a local ban on its operations in Lancashire. (Cuadrilla)

Cuadrilla optimistic about Lancashire fracking appeal

UK shale gas pioneer Cuadrilla expects to overturn the fracking ban imposed by Lancashire County Council and begin fracking and testing its first shale wells in 2017.

6 November 2015
The Gallina LNG tanker in Singapore. Asia is in need of a credible LNG price point. (Shell)

Developing an Asian LNG spot price

The new Singapore SLInG index for spot LNG trading is the latest step towards establishing an Asian gas trading hub. Interfax talks to SLInG’s developers about its prospects.

6 November 2015
Six European majors – including BP, Statoil and Total – are pushing for the creation of a global carbon price. (Statoil)

European majors gear up for renewables drive

Oil and gas majors are diversifying into renewables as they hedge their bets amid low oil prices and lacklustre gas demand.

5 November 2015

Low energy prices supporting EU recovery

The EU and the eurozone are now in their third year of economic recovery, supported by declining energy prices and a relatively weak euro.

5 November 2015
Egyptian President Abdel Fattah el-Sisi approved six exploration contracts worth $2.2 billion this week. (PA)

Foreign players race to sign gas agreements in Egypt

Gas explorers and producers in Egypt are rushing to sign deals before the inauguration of the country’s first parliament in more than two years in December.

5 November 2015

European Commission to map remaining EU gas reserves

The European Commission is preparing a report on EU gas reserves to identify potential developments that may help reduce reliance on Russian imports.

4 November 2015

Chinese pipeline gas sales increase

Sinopec and PetroChina sold a combined 170 MMcm of pipeline gas from the Shandong pipeline network and the West-East Pipeline network between 26-30 October, up from 155 MMcm the previous week.

4 November 2015

US gas prices hit multi-year low

Gas prices in the United States hit multi-year lows this week, with the NYMEX November gas futures contract closing at $2.03/MMBtu.

3 November 2015

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