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Can North African Gas Fill The Gap In Europe?

Can North African Gas Fill The Gap In Europe?

Europe continues to scramble for…

Energy / Natural Gas

Iraq Joins Liquefied Gas Market

Jun 21, 2022 at 06:39 | Irina Slav

Iraq has entered the market for liquefied petroleum gas, with its first shipment ever taking place this week. In a statement, the Iraqi Oil Ministry said that first shipment…

Qatar Expands LNG Capacity To Become Europe’s Emergency Gas Supplier

Jun 20, 2022 at 10:47 | Simon Watkins

Following on from the recent signing by Qatar of a declaration of intent on energy cooperation with Germany aimed at becoming its key supplier of liquefied natural gas…

Russia’s Gas Deliveries To Europe Plunge Further

Jun 17, 2022 at 10:55 | Tsvetana Paraskova

Natural gas flows from Russia to Europe continued to dive on Friday, with buyers in Italy, Germany, Austria, and Slovakia receiving much lower volumes than usual. Gas flows to France…

Gas Prices In Europe Jump Higher On Latest Gazprom Supply Cuts

Jun 16, 2022 at 07:17 | Irina Slav

European benchmark gas prices soared higher today after Gazprom cut the volumes of gas it transports via the Nord Stream 1 pipeline further on Wednesday, gaining 8 percent in morning…

Gazprom Reduces Gas Flows To Italy

Jun 15, 2022 at 09:53 | Julianne Geiger

Russia's Gazprom has reduced the flow of gas to Italy, an Eni spokesman has said, according to Reuters. Gazprom did not give a reason for the reduction. "Eni confirms that…

Wyoming And Colorado Are Looking To Join The LNG Party

Jun 14, 2022 at 10:39 | Irina Slav

With the United States set to become the world’s largest LNG exporter this year thanks to robust demand for the superchilled fuel, a…

Europe’s Gas Prices Surge 13% As Russia Reduces Nord Stream Flow

Jun 14, 2022 at 09:57 | Tsvetana Paraskova

Russia’s Gazprom said on Tuesday that it would limit natural gas supply via the Nord Stream pipeline to Germany by 40 percent compared to planned flows because of a…

Can Azerbaijan Help Solve Europe’s Gas Crisis?

Jun 10, 2022 at 10:54 | James Durso

The Russia-Ukraine war disrupted global supply chains and weakened economies worldwide, but it spells opportunity for Azerbaijan, the hinge of Europe and Asia. The U.S. and…

It’s Time For Africa To Harness Its Natural Gas Potential

Jun 09, 2022 at 10:50 | Felicity Bradstock

The International Energy Agency (IEA) and other regional bodies have repeatedly stated the importance of natural gas in supporting a transition away from fossil fuels to renewable alternatives.…

Natural Gas Prices Tank Again As Freeport LNG Remains Shut For Almost A Month

Jun 09, 2022 at 08:40 | Irina Slav

Amid robust demand for U.S. LNG, one of the biggest liquefaction facilities on the Gulf Coast, Freeport LNG, will be out of commission for at least three weeks following an…

Big Oil Set To Win Stakes In Qatar’s Huge LNG Expansion Projects

Jun 07, 2022 at 09:56 | Tsvetana Paraskova

Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s…

European Gas Prices On The Decline

Jun 07, 2022 at 09:43 | Irina Slav

European natural gas prices have been on the slide for several days now as an early start of summer combines with ample LNG supplies to quench supply worries. According to…

LNG Tanker Rates Soar To Highest Level In 10 Years

Jun 06, 2022 at 10:04 | ZeroHedge

Last week we showed that while US nat gas prices have had several catalysts that have propelled them higher in recent weeks, one of the biggest drivers why…

The Rush Is On For LNG Tankers

Jun 03, 2022 at 09:55 | Irina Slav

Gas traders are scrambling to find enough LNG carriers ahead of the start of the next heating season amid the European Union's own rush to reduce its dependence on Russian…

Can Qatar Really Replace Russia As Germany’s Gas Supplier?

May 30, 2022 at 11:26 | Simon Watkins

Long before the re-emergence of the ‘Pan-Arab’ ideology now increasingly evident among several leading Middle Eastern countries, Qatar had sought to go its…

EU Will Not Decide On Gas Price Cap At This Week’s Summit

May 30, 2022 at 09:28 | Charles Kennedy

The leaders of the European Union will not decide to impose a cap on natural gas prices when they meet for a summit in Brussels on Monday and Tuesday, Paolo…

Can Egypt And Israel Fill The European Energy Vacuum?

May 27, 2022 at 14:04 | Cyril Widdershoven

As European energy markets are dealing with the fallout of Russia’s invasion of Ukraine, Brussels now seems to have realized that there are natural gas and LNG sources…

Expect High LNG Prices For Years To Come

May 27, 2022 at 11:49 | Tsvetana Paraskova

Since Russia's invasion of Ukraine upended global energy markets, the LNG industry has been grappling with many uncertainties. In fact, the only real certainty is that spot LNG…

U.S. Natural Gas Prices Hit $9 For The First Time Since 2008

May 25, 2022 at 08:44 | Tsvetana Paraskova

U.S. benchmark natural gas prices jumped to above $9 per million British thermal units (MMBtu) early on Wednesday, driven by high LNG exports, warmer weather, and volatile trade ahead of…

U.S. Natural Gas Prices Are Set For A Sustained Rally

May 23, 2022 at 10:17 | Irina Slav

Record LNG exports and unseasonably high demand for electricity have combined in recent weeks to push U.S. gas prices considerably higher than they normally are at this time…

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