Supply & Demand Trans-Med leads drop in NA pipeline exports
North African pipeline export volumes into Europe fell by just 2% week on week in Week 51, led by an 8.9% drop in volumes via the Trans-Med pipeline from Algeria to Italy.
LNG Chinese inventories grow as snow stops deliveries
Producers in northern China continued to build inventories as snow prevented trucked deliveries last week, while ex-works LNG prices from Chinese plants dropped by 1.43%.
South Korea’s LNG imports recover in Q3
South Korea’s LNG demand picked up in Q3, but despite the small recovery the outlook for the fuel is one of long-term decline.
22 October 2015EU to overshoot its 2020 emissions goals – study
Carbon dioxide emissions from the 28 EU nations decreased by 23% between 1990 and 2014, reaching the lowest level on record, according to the European Environment Agency.
21 October 2015China LNG supply up as plants resume output
Chinese wholesale LNG prices fell by 0.31% last week from a week earlier while supply increased, with several plants resuming production and a new one going online.
21 October 2015GreenStream leads North Africa pipeline transit decline
North African pipeline exports to Europe fell by 2.1% week on week in Week 42, to 631.7 MMcm, with GreenStream exports to Italy facing the biggest drop.
20 October 2015Asian LNG prices down 40% year on year
LNG prices in Japan, South Korea, China and Taiwan decreased by 0.79% last week from the previous week. Prices averaged $7.47/MMBtu, down by 40% from the same time last year.
20 October 2015EU consumes 12% of world energy
The 28 EU member states consume around 12% of the world's energy, compared with around 16% in the US and 22% in China, according to EU data.
19 October 2015India increases spot purchases over summer
India’s LNG imports fell slightly in August, but the country has been more active on the spot market in recent months to capitalise on low prices.
15 October 2015FSRUs could be part of EU LNG strategy – CEPS
FSRUs could play a role in the EU’s LNG strategy as a cost-effective alternative to new pipelines, according to a report by Brussels-based thinktank CEPS.
14 October 2015Sinopec, PetroChina sell 451 MMcm on SHPGX
Sinopec and PetroChina sold a total of 451.2 MMcm of pipeline gas on the Shanghai exchange in September.
14 October 2015Storage builds push up Asian spot LNG prices
Spot LNG prices in Japan, South Korea, China and Taiwan increased by 3.86% on average from August last week as some buyers began building inventories in preparation for the heating season.
13 October 2015GreenStream flows drive NA pipeline growth
North African pipeline exports to Europe rose by 9.3% week on week in Week 41, led by GreenStream flows from Libya to Italy, which increased by 18.7%.
13 October 2015Southeast Asia, net gas importer by 2040 – IEA
Southeast Asia’s gas demand is set to balloon over the next 35 years, eating into the gas available for export and ultimately turning the region into an LNG importer.
9 October 2015French storage remains heavily regulated
The significant role that gas storage plays in France’s security of supply has left the sector heavily regulated, according to a recent study by the European Commission.
7 October 2015Trans-Med leads North African export growth
North African pipeline exports to Europe rose by 6.3% week on week, led by Trans-Mediterranean pipeline supplies from Algeria to Italy, which rose by 46.8%.
6 October 2015Spain’s storage regime ensures full use
Spain has limited gas storage capacity, but is using a stringent regulatory framework of mandatory storage obligations to ensure security of supply.
5 October 2015Abu Dhabi utility cuts electricity demand forecast
Abu Dhabi Water & Electricity Co. has revised down its electricity demand forecast for the next five years following increased electricity rates.
2 October 2015UK renewables hit record high in Q2
Renewable energy supplied a record share of the UK's power generation in the second quarter of 2015, while coal hit a new low.
2 October 2015Thailand’s LNG imports up 55% year on year
Thailand is set to be the largest LNG importer in Southeast Asia this year, following declining domestic production and growing demand.
1 October 2015Price still a secret in Russia-Ukraine gas deal
Russia and Ukraine appear to have reached a preliminary agreement for gas supplies for this winter, but the exact price remains unknown.
30 September 2015Morocco’s shift to gas-to-power and renewables
Morocco is planning to develop a series of combined-cycle gas turbine power plants to meet its rising power demand and provide back-up for its expanding renewable capacity.
30 September 2015About 459 articles