Tuesday, November 5, 2024

Gas Needs News

Turkey's Botas buys 1.6 billion cubic meters of LNG from TotalEnergies over a 10-year period

Alparslan Bayraktar, the Turkish Energy Minister announced on Wednesday that Turkish state-owned energy company Botas had signed a 10-year contract to import LNG from French oil giant TotalEnergies starting in 2027.

Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

© Igor Groshev / Adobe Stock

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens…

FSRU: Morocco Picks Mohammedia for Potential Floating Gas Facility

Copyright roobcio/AdobeStock

Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU)…

Russia Says Nord Stream 2 Will Be Ready in Months

(Photo: Gazprom)

Russian Prime Minister Dmitry Medvedev said on Monday that the Nord Stream 2 gas pipeline would be completed in a matter of months and U.S. sanctions imposed on the project…

Tellurian to Decide on Louisiana Driftwood LNG Project in 2019

Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export project in Louisiana in 2019:* The company…

BSOG to Go Ahead with Midia Offshore Project

Drilling at the Iulia-1 well (Photo: BSOG)

Romanian-based Black Sea Oil & Gas, controlled by private equity firm Carlyle Group LP, said on Thursday it has decided to go ahead with its $400 million offshore gas project in Romania…

US Energy Investors Eye Cheap Takeovers as Oil Prices Sink

© tarasov_vl / Adobe Stock

Sinking oil prices are turning distressed US energy companies into takeover targets for opportunistic private investors who are prepared to offer expensive debt in return for ownership stakes…

Tellurian to Start Building LNG Export Plant in 2019

(Image: Driftwood LNG)

U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019…

Reliance Shuts Field in Krishna-Godavari Basin

India's Reliance Industries Ltd has shut down an offshore oil and gas field on the eastern coast of India, the company said in a statement on Friday, after seeing a natural…

Nord Stream 2 Seeks Alternative Route to Avoid Danish Waters

© Nord Stream 2 / Axel Schmidt

The Russia-led Nord Stream 2 consortium said on Friday it has applied to Denmark for an alternative gas pipeline route through the Baltic Sea that would avoid the Nordic state's…

US Sanctions Will Push Gazprom CEO into Shadows

Alexey Miller (Photo: Gazprom)

Alexey Miller, head of Russian gas giant Gazprom, will have to lower his public profile and delegate to someone else his powers to clinch deals and raise financing now that he has been added to a U.S.

Serbia, Russia Revive Gas Pipeline Plans

Photo: Gazprom

Russia and Serbia have revived an idea of building a gas pipeline in the Balkan country, a project that would enable Gazprom to step up its gas supplies to Europe, bypassing Ukraine.

ADNOC Inks 15-year Gas Sales Agreement with Dubai

Abu Dhabi National Oil Co (ADNOC) signed a 15-year gas sales agreement on Tuesday with the Dubai Supply Authority to supply the city's natural gas needs, a statement from the company said.

US Senate Pushes Alaska Wildlife Refuge, But Drillers Look Elsewhere

© George Burba / Adobe Stock

Even as the U.S. Senate moves to allow oil drilling in Alaska's Arctic National Wildlife Refuge (ANWR), the real action is 150 miles (241 km) west, where industry proponents…

Shell Working to Fix Gas Disruption at Corrib Field

Royal Dutch Shell and Gas Networks Ireland (GNI) are working to remove unodourised gas that entered the network from the country's Corrib gas field and has curbed output since last week, Shell said.

EU Nations Back Plan for Talks with Russia Over Pipeline

Thirteen EU nations voiced support on Monday for a proposal to empower the bloc's executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany, despite opposition from Berlin.

Chile to Export Gas to Argentina to Cover Winter Demand

Chile will send some 276 million cubic meters of gas from June to Argentina to help its neighbor cope with demand in the southern hemisphere winter, Chile's state-run oil and gas distributor ENAP said Friday.

EU Seeks to Negotiate over Nord Stream Pipeline

Pipeline to pass through Danish, Swedish waters; project will bypass major gas transit route Ukraine. The European Union is seeking a mandate from its members to negotiate with…

Montenegro Inks 30-year Oil Licensing Deal with Greek Producer

Montenegro awarded Greece's sole oil producer Energean Oil & Gas a 30-year oil and gas exploration licences in two offshore blocks in the Adriatic sea on Wednesday. The contract…

DONG Energy to Exit O&G Business

Danish energy group DONG Energy plans to quit the oil and gas business to focus solely on offshore wind power, just five months after giving the impression it would maintain…