Coal reigns supreme in Turkish power mix

Coal will increase its dominance in Turkey’s power generation portfolio as gas retreats because of persistent weakness in the country’s economic growth.

14 February 2020 Markets & Forecasts / Middle East & Africa

Latin American carbon markets gain momentum

Latin American countries – led by Mexico – have emerged as enthusiastic supporters of cap-and-trade markets to reduce greenhouse gas emissions.

Yucatan peninsula on course to receive US gas

The Mexican region is set to be connected to the national gas network this year, allowing piped supply from the US to feed its gas-starved power plants.

Member states frustrate EU green roadmap

The absence of National Energy and Climate Plans from a third of EU countries has set the European Commission on an increasingly tight deadline to deliver the plan for raising its 2030 targets.

Gas wins back market share in EU power

EU ETS reform and lower gas prices have boosted gas-to-power generation across Europe, but the outlook for further growth seems uncertain.

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Project Insights

Photo of a Ukrtransgaz gas facility of Ukrtransgaz, Ukraine

Ukraine set to boost E&P as existing fields decline

The depletion of some of Ukraine’s largest gas fields will prompt it to boost its E&P activities, with private domestic operators gaining prominence.

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Markets & Forecasts

Photo fo LNG tanker at Queensland Curtis LNG facility, Australia

Australian LNG exposed as virus hits demand

Australia’s LNG sector risks being significantly impacted as China – and potentially other Asian nations – works to contain the coronavirus by locking down civilian movement.

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Policy & Regulation

CNOOC makes first long-period TPA transaction

A five-year agreement for third-party access to CNOOC’s LNG terminals is part of China’s efforts to liberalise its gas sector and allow more independent buyers to tap the international gas market.

More Policy & Regulation

More insights

Photot of Burj al Arab building Dubai at night

Dubai gas find heralds shake-up in UAE gas plans

The 2.3 tcm shallow-water find in Jebal Ali could yield economic and political benefits for the UAE as it attempts to wean itself off gas imports.

Photo of Chevron and SKK Migas officials marking IDD study launch.

Chevron seeks deepwater exit in Indonesia

Chevron is looking for potential buyers for its giant Indonesia Deepwater Development, but it could struggle to do so as other IOCs are also exiting the region.

Indian gas hub could quicken market reforms

India’s ambition to become a gas-based economy will hinge on the government undertaking structural market reforms, which could be accelerated by establishing a gas hub.

Photo of LNG tanker arriing in Brazil from US.

Brazil’s giant leap as an LNG importer

Privately owned LNG-to-power projects, such as those at Sergipe and Açu, will drive growth in Brazil’s LNG demand.

Poland’s gas-to-power faces hurdles despite coal rethink

Poland looks set to speed up its transition from coal to cleaner energy, but politics may stand in the way of building new gas-fired power plants.

PNG’s target to double LNG exports in doubt

Plans to double Papua New Guinea’s LNG exports by 2024 look likely to take longer than expected because of an impasse between the government and PNG LNG developer ExxonMobil.

Market Drivers

US LNG faces daunting prospects in Asia

The share of US LNG dispatched to Asia will remain low in 2020 compared with 2018 and 2019 as US suppliers struggle in the Asian market amid weak prices.

More Market Drivers

Power & Renewables

UK auction sees 1.3 GW of unsuccessful gas-to-power bids

Last week’s year-ahead capacity auction in the UK saw just 90 MW of contracts awarded to gas-fired installations while the Nemo electricity interconnector between Belgium and the UK secured an 820 MW contract.

More Power & Renewables

Challenges lie ahead for Nigeria LNG expansion
This article is over 3 months old
Gas may worsen China smog – researchers
This article is over one year old
US-China deal eases tensions but offers little for LNG
This article is over 1 month old
Latin American carbon markets gain momentum
Policy push needed to reignite China’s gas momentum

Economic calendar

Friday, 28 February

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