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Creating The OPEC Of Natural Gas

Creating The OPEC Of Natural Gas

Global gas supply is growing…

Energy / Natural Gas

Global Economic Slowdown Hits China’s Natural Gas Demand

Global Economic Slowdown Hits China’s Natural Gas Demand

Sep 04, 2019 at 09:28 | Tsvetana Paraskova

China’s natural gas demand has been booming in recent years and will continue to grow for decades to come. Yet, the slowing economic growth in China is taking a toll…

Moscow Fuels Artic LNG Race With Billions Of Dollars

Moscow Fuels Artic LNG Race With Billions Of Dollars

Aug 30, 2019 at 17:10 | Irina Slav

Novatek, Russia’s largest private natural gas company, will receive a tax deduction of about US$600 million (40 billion rubles) from the regional budget of Yamal-Nenets and US$1.5 billion (100 billion…

Can China Double Its Gas Output By 2040?

Can China Double Its Gas Output By 2040?

Aug 28, 2019 at 11:37 | Tsvetana Paraskova

China is set to double its natural gas production by 2040, but challenges in developing shale gas resources have led to a lower production outlook and expectations of more imports…

Qatar Could Lose Spot As World’s Top LNG Exporter

Qatar Could Lose Spot As World’s Top LNG Exporter

Aug 26, 2019 at 15:45 | Tsvetana Paraskova

Just a few years ago, Qatar was the world’s undisputed leader in liquefied natural gas (LNG) exports. But a major wave of LNG capacity construction in Australia over the past…

US Natural Gas Prices Could Soon Fall Below $2

US Natural Gas Prices Could Soon Fall Below $2

Aug 23, 2019 at 13:50 | Tsvetana Paraskova

Despite continuously rising U.S. natural gas demand and near-record gas-powered demand in the summer heat waves, the benchmark U.S. natural gas price has collapsed since the end of the winter.…

Study: UK Shale Gas Reserves Could Be Much Lower Than Thought

Study: UK Shale Gas Reserves Could Be Much Lower Than Thought

Aug 21, 2019 at 13:00 | Tsvetana Paraskova

The UK may have economically recoverable shale gas resources that are five times lower than estimates from earlier this decade, new research suggests. A new study from the…

LNG Traders Look To Make Huge Profits Using ‘Idle Tankers’

LNG Traders Look To Make Huge Profits Using ‘Idle Tankers’

Aug 15, 2019 at 11:49 | Tsvetana Paraskova

Spot LNG prices are currently at their lowest in three to four years, but the futures curve of the LNG market points to a wide premium of prices in the…

Gas Flaring “Running Rampant” In The Permian

Gas Flaring “Running Rampant” In The Permian

Aug 13, 2019 at 15:57 | Nick Cunningham

Gas flaring in the Permian basin is “running rampant,” and may not be fully resolved even after new gas pipelines come online. Texas is now one of the world’s largest…

Japan Is Bargain Hunting As LNG Prices Slump

Japan Is Bargain Hunting As LNG Prices Slump

Aug 08, 2019 at 11:44 | Tsvetana Paraskova

Utilities in Japan, the world’s single largest importer of liquefied natural gas (LNG), are seeking price reviews in their short term LNG supply contracts as the Japanese energy market liberalization…

Kurdistan’s Massive Gas Reserves No One Knows About

Kurdistan’s Massive Gas Reserves No One Knows About

Aug 07, 2019 at 14:53 | Simon Watkins

Barely a month goes past without another indication of the vast gas potential still largely untapped in the semi-autonomous Kurdistan Region of Iraq (KRI). Last week, regional private sector…

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