US Becomes Top LNG Exporter in First Half of 2022 -EIA
The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country increased supply to Europe amid the Ukraine crisis.U.S. LNG exports rose 12% to average 11.2 billion cubic feet per day (bcfd) in the first half of the year compared with the second half of 2021…
China's Nov. NatGas Imports soar, Crude Shipments Rebound
Total natural gas imports jump to record as industrial and commercial users face gas shortage. China's natural gas imports in November rose to a record as domestic demand surged while crude imports were the second-highest ever, as refiners ramped up output to cash in on strong profits as fuel prices soar, customs data showed on Friday.
Trump to Promote US Natgas Exports in Russia's Backyard
President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months.
Hungary, Russia to Start New Gas Supply Talks
Hungary has agreed to start negotiating with Russia on gas shipments after its supply deal expires in 2021, Hungarian Prime Minister Viktor Orban said on Thursday after meeting Russian President Vladimir Putin. Orban said Hungary strove for "open and transparent" relations with Russia and was trying to protect its economic and trade links…
Ivory Coast Establish Total-led LNG Consortium
Ivory Coast signed a partnership pact on Tuesday to create a consortium headed by France's Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by mid-2018. Ivory Coast has emerged from years of political turmoil to become one of Africa's fastest growing economies and demand for electricity is increasing by 10 percent annually…
Stuck at Sea, BP's LNG Shipment Highlights Egypt's Payment Struggle
BP's diversion of a tanker of liquefied natural gas (LNG) away from Egypt due to payment issues is the first sign that the country's currency crisis could be jeopardising its energy supplies, traders said. Earlier this month the tanker British Sapphire was diverted to Brazil rather than discharging in Egypt, with the delivery of the LNG cargo for Egypt delayed up until October, traders said.
Baltic Sea Pipeline Gas Flow Cut Due to Munitions Discovery
Nord Stream consortium, lead by Russian energy giant Gazprom, said on Wednesday it has stopped gas shipments via the Baltic Sea through one of its two lines as Swedish armed forces dispose of a munitions object found nearby. Total capacity of the two lines is 55 billion cubic metres per year. The consortium said a piece…
Russia's Efforts to Bypass Ukraine Gas Route Stall as Saipem Deal Aborted
Russia's plans to drop Ukraine eventually as a route for piping its natural gas to Europe have hit a snag after Russian gas exporter Gazprom called off a deal with Italy's Saipem to build a subsea link to Turkey. Russia has long sought to circumnavigate Ukraine to pipe its gas to Europe because of pricing disagreements, which have led to disruptions in supplies to the European Union.
Ukraine Expects 18 pct Fall in Russian Gas Volume
Russia is expected to reduce its natural gas shipments via Ukraine by about 18 percent this year, according to Ukrainian gas transit monopoly Ukrtransgaz. "We had transit of 62 billion cubic metres (bcm), but this year it will be at 51 billion," the company's press service quoted chief Ihor Prokopiv as saying on Wednesday.
RWE Looks to Build on Gazprom Deal at Contract Talks
RWE will look to build on its current deal with Russian gas exporter Gazprom when the two sides sit down at mid-year for contract negotiations, the German utility said on Tuesday. "Our goal is a long-term solution that guarantees that a contract beyond the expiry of current agreements will no longer burden our results," RWE said.
Eustream Offers Increased Capacity for Gas Shipments to Ukraine
Slovak pipeline operator Eustream offered increased capacity for gas shipments to Ukraine on Wednesday via a link opened last year to help Ukraine compensate for cuts in supplies from Russia. The company said it was offering additional capacity of 8.5 million cubic metres per day, raising the maximum daily volumes to 40 million cubic metres.
Slovak Pipeline Sells Extra Gas Capacity on Link to Ukraine
Slovak pipeline operator Eustream said on Thursday it has sold 4.5 million cubic metres of additional daily gas shipments on a link transporting deliveries to Ukraine. It said bidders had bought up the extra capacity until 2019. "Shippers' interest significantly exceeded the offered capacity," Eustream said in a statement.
Russian Gas Flows to Serbia Return to Normal
Serbia's prime minister said Russian gas shipments to his country had returned to normal following talks last week with the Russian president over debt repayment to gas giant Gazprom, local media reported. Late in October, the Serbian government said the country's gas debt of $224 million was the reason for a 28 percent reduction in gas supplies from Russia.
Serbia Seeks Payment Delays, Russia Flow Down
Serbia, which owes more than $200 million for gas supplies from Russia, said on Friday it had received less gas this week and was set for talks on rescheduling its payments. "Serbia has been receiving 3.2 million cubic metres (mcm) of gas per day instead of 4.5 mcm, which accounts for a 28 percent reduction," Energy Minister Aleksandar Antic was quoted as saying by Tanjug news agency.
Hungary Halts Gas Shipments to Ukraine
Hungary's gas pipeline operator has suspended gas shipments to Ukraine from Hungary as of 1600 GMT on Thursday because of an expected heavy increase in gas shipments going the opposite way, it said in a statement. The shipments have been suspended indefinitely, the pipeline operator FGSZ said. "As system users notified us starting on the gas day of Sept 26…
Slovak Importer Says Gas Shipments from Russia Down
Slovak state-owned gas importer SPP recorded on Wednesday about a 10 percent drop in supplies from Russia used for domestic consumption, an SPP spokesman said. The company said it had higher than usual levels of storage and could supply all customers. SPP takes a fraction of gas that flows through Slovakia from Ukraine and the Czech Republic and on to Austria.
Spot Prices Mixed, Hungary Day Ahead Falls
Czech and Slovak day ahead power rose on Thursday due to expectations for less solar supply in the region, while the expected return of a nuclear reactor drove Hungarian prices lower, traders said. On regional exchanges, Czech and Slovak electricity for Friday rose more than 3 percent to 36.59 euros ($48.17) per megawatt hour…
Gazprom: Ukraine's Gas Bill Tops $5 billion
Gazprom puts Ukraine's debt for gas supplies at $5.3 bln; Putin, Poroshenko to meet on Aug. 26 in Minsk. Russian natural gas exporter Gazprom said on Thursday that Ukraine's outstanding debt for gas supplies stood at $5.3 billion as of Aug. 1 and called on Kiev to ensure that gas continues to transit without disruption to Europe.
Czechs Could Get Russia Gas, Oil Even if Ukraine Transit Halted
The Czech Republic would be able to import Russian natural gas via alternative routes if transport through Ukraine is halted and it could also supply neighbouring Slovakia, Industry Minister Jan Mladek said on Friday. He said the country could find other routes for shipments of Russian oil, which Czech refineries use…
Chile to Import US Shale Gas
Chile's state oil company ENAP has signed long-term deal with British Gas to import shale gas from the United States at the end of next year, local media reported. Shipments will leave from a U.S. port, Chilean Energy Minister Maximo Pacheco was quoted as saying on Monday in newspaper La Tercera's Tuesday edition. "Among…
