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New Study Questions LNG as a Bridge Fuel in Decarbonization

New Study Questions LNG as a "Bridge Fuel" in Decarbonization

The Biden administration's pause on…

Germany To Replace Nuclear With Natural Gas Plants for $16B

Germany To Replace Nuclear With Natural Gas Plants for $16B

Berlin has unveiled plans to spend €16…

Energy / Natural Gas

New Gas Discovery Boosts Azerbaijan’s Energy Aspirations

Jul 11, 2023 at 07:32 | Eurasianet

Azerbaijan's promise to double its annual gas exports to Europe by 2027 may be a step closer to realization with the news that BP has found new gas…

UK's Centrica Pens $8 Billion Mega Deal To Secure LNG From The U.S.

Jul 11, 2023 at 07:27 | City A.M

British Gas owner Centrica has signed a £6.2bn ($8bn) mega deal with US fossil fuel producer Delta Midstream, in a welcome boost for the UK’s power supplies.

China's LNG Imports Soar Despite Global Price Dip

Jul 07, 2023 at 17:33 | Alex Kimani

China's imports of liquefied natural gas (LNG) hit 5-month highs in June, but weak demand, especially in Europe, kept a lid on prices. Last month, China imported 5.96 million…

China’s Bid For Energy Security Fuels Long-Term LNG Buying Spree

Jul 03, 2023 at 08:46 | Tsvetana Paraskova

Long-term contracts for LNG supply are back after a year of record-high prices and energy crises.  Efforts to protect LNG imports from the volatility in spot prices amid the many…

What Qatar’s Latest Megadeal With China Means For Global LNG Markets

Jun 28, 2023 at 08:11 | Simon Watkins

With Saudi Arabia on one side of it and Iran on the other, Qatar had for a long time to play a delicate diplomatic balancing act between the…

Traders To Blame As European Gas Markets Descend Into Chaos

Jun 27, 2023 at 08:32 | Irina Slav

Earlier this month, natural gas prices in Europe rose twofold in the space of 10 days, with a single trading day seeing a jump of 27% two weeks ago. On…

U.S. Sets New Record In LNG Export Capacity

Jun 26, 2023 at 09:24 | Tsvetana Paraskova

Despite concerns about cost inflation, developers of LNG projects in the United States are set to approve a record-high volume of export capacity in the first half of 2023, driven…

Tri-nation Gas Swap Agreement Could Transform Europe’s Energy Market

Jun 23, 2023 at 08:41 | Eurasianet

The volume of gas being transited between Turkmenistan, Iran, and Azerbaijan under a groundbreaking three-way swap agreement signed in late 2021 is expected to grow by 70 percent…

Uzbekistan And Russia Ink Crucial Gas Deal

Jun 21, 2023 at 08:28 | Eurasianet

Uzbekistan has reached a deal with Russia’s Gazprom to buy 2.8 billion cubic meters of natural gas annually over the coming two years as part of a broader effort to…

China Close To Signing 27-Year LNG Supply Deal With Qatar

Jun 21, 2023 at 08:19 | ZeroHedge

China National Petroleum Corporation (CNPC) and QatarEnergy are expected to sign a 27-year agreement, which will allow China to purchase 4 million metric tons of liquefied natural…

Turkmenistan's Natural Gas Ambitions Threatened By Instability In Afghanistan

Jun 14, 2023 at 08:17 | Eurasianet

With Turkmenistan’s dream to see construction of the trans-Afghan TAPI natural gas pipeline, the devil is in the details. Or the footnotes, to be more precise. A United Nations 

Are Moscow And China Aiming To Corner The Gas Market?

Jun 14, 2023 at 07:57 | Cyril Widdershoven

Current natural gas market prices remain depressed compared to record prices in 2022. However, indications suggest that the current low prices may soon become a thing of the…

Aramco Eyes Major Opportunity In Iraq

Jun 05, 2023 at 10:09 | Simon Watkins

Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key projects in Iran’s close…

U.S. Exports Of LNG Dip In May

Jun 02, 2023 at 13:08 | Julianne Geiger

LNG exports out of the United States fell in May to 7.66 million tonnes, according to shipping data cited by Reuters. That’s a 0.35 million tonne dropoff from the previous…

Natural Gas Prices Plunge Further Amid Rise In U.S. Stockpiles

Jun 01, 2023 at 10:56 | Tom Kool

U.S. natural gas stockpiles gained 110 billion cubic feet for the week ended May 26, putting more downward pressure on prices, particularly as storage is now 557 billion cubic feet…

Natural Gas Prices Could Fall Below Zero In Parts Of Europe

May 26, 2023 at 14:52 | Tsvetana Paraskova

As tepid demand for gas from power generation and industry has sent European natural gas prices into a freefall in recent weeks, traders and industry officials are not ruling out…

Europe’s Natural Gas Prices Set For Longest Weekly Losing Streak In A Decade

May 26, 2023 at 09:29 | Charles Kennedy

Benchmark natural gas prices in Europe continued their freefall this week and were headed to post the longest weekly losing streak since 2013 amid weak demand.   The front-month futures…

Revamped Soviet-Era Pipelines To Ship Russian Gas To Uzbekistan

May 25, 2023 at 11:01 | The Jamestown Foundation

On April 27, at the Tashkent Investment Forum, Uzbekistani Energy Minister Jurabek Mirzamakhmudov announced that Russia would begin supplying his country with natural gas via its Soviet-era pipelines (TASS,…

Gazprom’s Profits Plunge 40% As Sanctions Bite

May 24, 2023 at 13:00 | Alex Kimani

While Russian oil giant Rosneft and LNG giant Novatek are holding down the fort for shareholders, Gazprom is feeling the bite of Western sanctions, based on its full-year profit reporting…

This New Middle East Pipeline Could Be A Gamechanger

May 22, 2023 at 15:46 | Simon Watkins

A huge new Middle East to Asia pipeline that could provide the East with high volumes of reliable gas supplies for decades is being planned. The presence of…

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