Production & Consumption

China switches gas policy from supply to demand

Boosting consumption will be Beijing’s main near-term policy goal for gas, marking a shift in focus from building up supply security over recent years.

Imports

Iran’s neighbours prepare for end of sanctions

The GCC states are getting ready for the opportunities and challenges that will arise once the sanctions against Iran are lifted.

Russia's 2015 gas exports could be up y-o-y – Novak

Russian gas exports for 2015 could increase by 4.8% year on year to 190 billion cubic metres, Energy Minister Alexander Novak said.

23 December 2015

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.

23 December 2015

CNPC boosts Qinghai output capacity

China National Petroleum Corp.’s Qinghai Oilfield has finished increasing its production capacity by an additional 600 million cubic metres per year.

22 December 2015

Azerbaijan exports down year on year

Azerbaijan exported 7.56 billion cubic metres of gas between January and November 2015 – 2.1% less than in the same period last year.

22 December 2015

Ukraine would buy Russian gas at $200/Mcm

Ukraine is prepared to buy gas from Russia in Q1 2016, but only if prices are reduced to less than $200 per thousand cubic metres, Volodymyr Demchyshyn has said.

22 December 2015

Gasum and Gazprom agree on contract revision

Gazprom and Finnish gas distributor Gasum have reached agreement on revising the terms of their gas supply contract, Gasum has said in a release.

21 December 2015

Netherlands to wean itself off Groningen

The Dutch government will undertake "a serious effort in the future to further reduce dependency on Groningen gas", it announced on Friday.

21 December 2015

Gazprom output may hit second record low

Gazprom’s annual gas production may reach a record low for the second consecutive year.

18 December 2015

Noble Clean Fuels and Engie win Naftogaz tenders

The UK’s Noble Clean Fuels and France's Engie were the winners in the first three tenders to supply gas to Naftogaz Ukrainy, paid for by the European Bank for Reconstruction and Development.

17 December 2015

New pipeline brings more gas to Guangxi

CNPC is now supplying gas from Central Asia and Myanmar to 12 of the 13 prefecture-level cities in the region of Guangxi following the launch of a pipeline on 11 December.

17 December 2015

Guizhou good for gas this winter

Guizhou province in southwest China has enough gas to see it through this winter, local media has reported.

17 December 2015

Ukraine toughening up on gas supply security

Ukraine’s role as a transit state for Russian gas may be declining, but there are signs resilience is being built into its gas system as it shifts focus to European suppliers.

17 December 2015

US lifts oil export ban

American legislators have agreed to lift the 40-year ban on crude oil exports from the country on Tuesday night as part of a spending and tax package bill.

16 December 2015

China's gas output inches up

China’s gas output inched up by 0.2% in November from a year ago, to 11.1 billion cubic metres, according to official statistics.

14 December 2015

Georgia commercial sector has no plans for Gazprom gas – minister

Georgia does not intend to buy gas from Gazprom for its commercial sector at present, the Georgian Energy Ministry said in a statement in response to a question in parliament.

10 December 2015

NDRC working to ensure winter supply security

China’s National Development and Reform Commission is trying to advance preparations for meeting gas demand during winter.

9 December 2015

Ukraine to pay $230/Mcm for Russian gas in Q1 – Gazprom

Ukraine will pay an estimated $230 per thousand cubic metres for Russian gas in Q1 2016, Gazprom Deputy Chairman Valery Golubev has said.

9 December 2015

CNPC forecasts 65.3 bcm heating season demand

China National Petroleum Corp. expects Chinese gas demand to hit 65.3 billion cubic metres in the current heating season.

8 December 2015

Kazakh exports to Ukraine need Russian approval

Kazakhstan cannot export gas to Ukraine without agreement from Russia, Kazakhstan’s Deputy Energy Minister Magzum Mirzagaliev said at a briefing in Astana this week.

8 December 2015

Gazprom reluctant to make 2015 production estimates

Gazprom’s deputy chairman for production is reluctant to make production estimates for 2015.

8 December 2015

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