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%.
Supply rise prompts cut in China LNG prices
Chinese wholesale LNG prices fell last week as supply increased, with several plants resuming production.
30 September 2015GreenStream exports hit 12-week high
North African pipeline exports to Europe fell by 3.7% in Week 39, although Libyan exports to Italy through GreenStream reached a 12-week high.
29 September 2015Asian LNG prices hit September low
LNG prices in Japan, South Korea, China and Taiwan fell by 0.26% last week from the previous week as a result of soft downstream demand and buyers having sufficient inventories.
29 September 2015Fossil fuel subsidies staying high – OECD
Countries around the world are being 'alarmingly slow' in keeping their pledges to cut fossil fuel subsidies, according to the Organisation for Economic Cooperation and Development.
25 September 2015Italy’s strategic gas reserves see little use
Italy has made use of its strategic gas reserves on only two occasions, in the winters of 2004-2005 and 2005-2006, according to an OIES study.
23 September 2015Chinese wholesale LNG prices see slight drop
Wholesale LNG prices from Chinese plants fell by 0.66% last week from the previous week, to $10.97/MMBtu. Supply increased, with two new plants going online, and several producers had excess stockpiles.
23 September 2015Medgaz exports plummet from two-year high
North African pipeline exports to Europe fell by 0.6% week on week in Week 38, led by a 14.8% drop in transit via the Medgaz pipeline between Algeria and Spain.
22 September 2015Asian spot LNG prices inch up
Spot LNG prices in Japan, South Korea, China and Taiwan were steady last week, inching up by 0.39% from the previous week.
22 September 2015Deal close on Ukrainian winter package
A breakthrough in the talks between Gazprom and Naftogaz Ukrainy could be made soon after the heads of the two companies met last week to discuss a new winter gas deal.
21 September 2015European gas consumption drops in June
Gas consumption in OECD Europe managed a robust growth of 8.4% in the first half of 2015 year on year, despite a marginal 0.6% drop in June, according to the International Energy Agency.
18 September 2015Malaysia’s LNG revenue up for second month
Malaysia’s LNG export revenues were up for the second month in a row in July as prices recovered, and they are likely to keep rising over the next few months.
17 September 2015Chinese LNG prices cut to clear holiday stockpile
Chinese LNG producer prices fell by 0.71% last week from the previous week, as several producers had to cut prices to sell stockpiles built up during the national holiday.
16 September 2015Medgaz transit volumes hit new highs
Pipeline gas exports from North Africa to Europe fell by 0.7% last week, to 580.5 MMcm, while Medgaz transit rose by 2.9%, to 158.1 MMcm, the highest weekly volume of the last two years.
15 September 2015Asian LNG prices holding steady
Asian spot LNG prices climbed by 0.26% last week from the previous week, averaging $7.61/MMBtu on 11 September.
15 September 2015Lower prices raise demand for Russian gas
Gazprom has estimated the average price for the gas it sells to Europe will be $237-242/Mcm in 2015, down from previous estimates, says Société Générale.
14 September 2015Tanzania’s offshore gas: what the people want
Citizens in Tanzania have unrealistic expectations of the opportunities gas development will bring, according to a mobile phone survey conducted by Twaweza.
11 September 2015LNG price gains boost Indonesia’s export revenue
Indonesia benefited from a slight rally in LNG prices in July, but export revenues are still far below where they were a year ago.
10 September 2015Three nations hold 50% of EU storage capacity
Germany, Italy and France account for 50% of gas storage capacity in Europe, the European Commission highlighted in a recent report, citing data from Gas Storage Europe.
9 September 2015PetroChina pipes most gas in August
A total of 57.47 MMcm of pipeline gas was sold at the SHPGX exchange in August. PetroChina sold approximately 56 MMcm from the West-East Pipeline network at Shanghai’s two citygates.
9 September 2015Medgaz transit highest since 2013
Pipeline gas exports from North Africa to Europe fell by 1% week on week to 584.7 MMcm in Week 36.
8 September 2015About 459 articles