Supply & Demand
Production & Consumption China NOCs scramble to shore up winter supplies
Keen to avoid a repeat of the embarrassing shortfalls that struck Beijing last winter, China’s biggest gas producer and top LNG importer are going all-out to boost supply.
Production & Consumption Gas tipped for bridge role in China’s energy plan
Details of China’s latest five-year energy plan have trickled out, with gas likely to play an important role as the country cleans up its fuel mix.
Bangladesh blames gas and power shortages for economic struggles
Bangladesh’s Metropolitan Chamber of Commerce and Industry has said gas shortages and power supply problems are undermining the country’s economic performance.
15 November 2016African pipeline exports to Europe keep growing
North African deliveries to Europe continued to grow in Week 46, reaching 883.2 MMcm. This was a week-on-week rise of 2.7% but a 42% rise over the same week in 2015.
15 November 2016China’s gas output down slightly in October
China produced 10.8 billion cubic metres of gas in October, down by 1.4% year on year.
14 November 2016Czech Republic’s delicate Nord Stream 2 dance
The Czech Republic is caught between neighbours with opposing views on Nord Stream 2, but this could be a significant commercial opportunity if handled delicately.
11 November 2016Changqing Oilfield output hits 300 bcm over 20 years
PetroChina’s Changqing Oilfield subsidiary has produced more than 300 billion cubic metres of gas since it started operations 20 years ago, PetroChina said on Wednesday.
9 November 2016Amu Darya to supply 200 MMcm over winter – CNPC
CNPC is on course to supply a total of 200 million cubic metres of gas from its Amu Darya gas project in Turkmenistan to China during the heating season.
8 November 2016Gazprom plans to produce 427 bcm of gas in 2017
Gazprom plans to produce about 17 bcm more gas next year compared with 2016, with output rising again in 2018 and 2019.
8 November 2016
North African pipeline flows to Europe head upwards
North African pipeline exports to Europe rose by 7.8% in Week 45, with flows increasing on all pipelines except Medgaz.
8 November 2016Xi'an to increase gas consumption
Xi’an, capital of Shaanxi province, is expected to consume 1.65 billion cubic metres in 2016 – 100 million cubic metres more than last year.
7 November 2016Norway’s gas flows to Europe up as temperatures drop in the UK
Norwegian gas flows to Europe rose on Monday, mainly as a result of higher supplies to the UK after cold weather caused a jump in demand.
7 November 2016Production woes plague Trinidad’s industry
Trinidad has seen its gas production fall nearly 13% so far in 2016, hitting its LNG industry.
7 November 2016Iran responds to rapid power demand growth
Iran’s electricity demand has grown rapidly in recent years, and installed generation capacity must carry on rising to keep pace.
7 November 2016
Brazil needs to piece together pre-salt puzzle
The success of Brazil’s ultra-deep fields means the country’s authorities can no longer ignore the sector’s profligacy.
4 November 2016Gazprom prices beating spot market in Europe – Medvedev
Gazprom’s European customers are receiving gas under long-term contracts linked to oil at a price that is significantly lower than spot prices, Deputy Chief Executive Alexander Medvedev has said.
3 November 2016
LNG demand aids majors’ recovery in Q3
Growing LNG demand in the Middle East, India and China helped European oil and gas majors produce positive results in Q3.
3 November 2016Gazprom reviewing OPAL agreement changes – Medvedev
Gazprom says it is studying unilateral changes made by the European Commission to last week’s agreement on the OPAL pipeline before signing off on them.
2 November 2016Sonatrach exports 89 mtoe between January and October
Algeria’s Sonatrach exported 89 mtoe of oil and gas over the first 10 months of 2016
2 November 2016Ukraine imports 7.87 bcm of gas between January and October
Ukraine imported 7.87 billion cubic metres of gas between January and October 2016, 47% less than in the same period last year
2 November 2016
Iran prioritises LNG over pipeline to Europe
Uncertainty over Europe’s long-term gas strategy means Iran will put LNG and exporting gas to its neighbours first for now.
2 November 2016US gas production down in August
Gas production in the United States fell in August year on year.
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