Monday, December 23, 2024

Surplus Gas News

Regulators Approve Health Study on California Gas Leak

Regional air quality regulators in California voted on Saturday to require the utility responsible for a ruptured underground pipeline in the Los Angeles area to underwrite an independent study on the health effects of a huge methane leak from the site. The natural gas leak in Aliso Canyon…

Lithuania Seeking to Renegotiate LNG Supply Contract with Statoil

Lithuania is seeking to renegotiate a liquefied natural gas (LNG) contract with Norway's Statoil due to falling demand, head of energy group Lietuvos Energija said on Tuesday. "The government has asked us renegotiate the contract... One question is the total annual volumes, which could be smaller…

Lithuania Opens Door to LNG Re-exports

Lithuania's parliament on Tuesday approved amendments which will allow the Baltic state to re-sell liquefied natural gas (LNG) on the international markets, the energy ministry said. The current laws require the country's regulated energy and heat producers to buy at least 540 million cubic…

UK Gas: Oversupply, Weak Crude Pricing Drags

Within-day gas drops 1.68 percent; forward gas contracts weighed down by weak crude. British gas prices fell on Monday due to an oversupplied network on rising domestic and Norwegian deliveries, while weak crude oil prices dragged forward contracts lower. "Weaker oil prices and a long (gas…

Colombia to Reduce Gas Exports to Venezuela

Colombia will reduce gas exports to Venezuela to ensure it has enough fuel to run its power plants, the energy minister said on Monday, with the threat that dry weather from an imminent El Nino weather anomaly could cut hydroelectric generation. Colombia currently exports around 150 million cubic feet of gas…