Gas and renewables set for growth amid rising demand

The IEA’s 2019 World Energy Outlook appears to throw weight behind the view that rising global energy demand will be met mostly by a combination of renewables and gas in the longer term.

6 hours ago Policy & Regulation / World

Counting the cost of Europe’s capacity payments

European countries are increasingly paying out subsidies to conventional power plants, including in nations where supply shortages do not look likely to be an issue in the short or medium term.

Libyan gas revival gathers steam

The conflict-afflicted North African country is starting to build up its gas production, offering greater stability of supply to domestic and international offtakers.

China’s NOCs brace for domestic gas market oversupply in 2020

The country's gas demand growth next year could slip below 10% for the first time since 2016, affecting the outlook for Chinese LNG imports.

Australia tipped to boost shale and CBM exploration

The latest acreage releases in Queensland and seismic surveys in the Northern Territory are designed to spur shale and CBM extraction to meet local and LNG export needs.

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Project Insights

The Gate LNG terminal in the Netherlands.

Germany’s LNG projects on track amid push for diversification

Two LNG projects may add 18 bcm/y of import capacity in Germany from 2023, with Berlin feeling the pressure to diversify its sources of gas away from Russia as Nord Stream 2 approaches startup.

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Markets & Forecasts

Japan faces nuclear challenge

Nuclear generation is central to Japan’s emission reduction goals, but setbacks, further delays and potential political shifts could change the country’s plans for nuclear power.

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Policy & Regulation

Gas industry at crossroads as protests escalate

Gas conferences in Europe are increasingly being targeted by activists, showing the industry must do better to communicate its climate objectives.

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More insights

Foreign interest in Chinese terminals picks up with GTT MOU

An agreement between the LNG storage engineering subsidiary of France’s Engie and Beijing Gas could sow the seeds of a deeper commercial partnership in the future.

Saudi Arabian carbon capture and enhanced oil errecovery project

Coal faces crunch from spread of carbon pricing

Saudi Arabia’s plans to introduce a carbon market show carbon pricing is on a roll around the world, a trend that may threaten coal in the medium term and gas in the longer term.

Irish LNG terminal set to tackle supply concerns

Ireland could import US LNG starting from 2022 and boost security of supply post-Brexit, but only if it can overcome fierce domestic opposition to the Shannon regas project.

Gas expansion key to Saudi Aramco’s IPO

The Saudi NOC has spent recent months flagging up its gas expansion plans in a move to attract investors for its planned stock market listing.

Shell's offshore gas-to-power project at Malmpaya, the Philippines

Gas struggles to compete in Southeast Asia power mix

Renewable energy is expanding faster than expected in Southeast Asia, but current policies and economics tend to favour coal over gas as a back-up fuel.

Iron ore carrier offshore Western Australia

Woodside and Australian miners gear up for IMO 2020

Global emissions limits for shipping under IMO 2020 rules are a growth opportunity for the Aussie LNG market and a rising imperative for the country’s iron ore and coking coal exporters.

Market Drivers

Small users prop up Latin America’s LNG demand

Imported LNG will make further inroads in Latin America and the Caribbean as the region’s small buyers diversify their power mixes away from hydro, oil and oil products.

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Power & Renewables

Rampion Offshore Wind Farm, United Kingdom

Offshore wind on the rise

Offshore wind trails behind onshore capacity in countries which lead in wind power generation. However, growth in offshore wind could be huge.

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Economic calendar

Wednesday, 13 November
	Unemployment rate
	GDP
	Reserve Bank of New Zealand interest rate decision
	API weekly oil inventory report

This economic calendar is provided for general information only and is believed to be correct at the time of publication. Interfax Global Energy accepts no responsibility or liability for its completeness or accuracy.

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