Russian pipeline natural gas supplier Gazprom said it produced 514.8 billion cubic metres in 2021 and bettered the 2020 output volumes by 62.2Bcm as the company boosted volumes to Europe and China and forecast record financial results.
The Kingdom of Jordan has started a tender process for the upgrading of the liquefied natural gas import terminal facilities at the Port of Aqaba amid economic expansion plans for the region including in tourism and trade.
Free ReadThe European Commission, the executive arm of the 27-nation European Union, has issued a document containing the conditions for energy projects involving natural gas, LNG-for-power and nuclear power to be labelled as “green” and part of the energy transition. The proposed text, debated for months and still provisional, was sent…
Dominion Energy, a shareholder in the Cove Point LNG export plant in Maryland supplying Asia and Europe, has closed the sale of Questar Pipelines to Southwest Gas Holdings Inc. in a transaction valued at almost $2 billion, including the assumption of $430M of existing debt.
Prices plunged for North Asian spot LNG cargoes and for the European benchmarks by up to 34 percent on the week as the winter season market entered the second half with still seasonally very high prices amid positive and adverse economic issues still on the horizon.
Indian state company Oil and Natural Gas Corp. (ONGC), whose overseas arm holds a stake in the TotalEnergies-led Mozambique LNG export project, plans to raise by four-fold its domestic exploration and production acreage to find more natural gas and oil in India and cut the bill for imports.
Free ReadGastrade SA, the Greek company developing an offshore LNG import terminal to serve eastern Greece and the Balkan nations, has ratified an agreement with the Greek national gas grid operator DESFA taking a 20 percent stake in the project. The final share transfer agreement was signed in Athens by the…
South Korea is planning the use of hydrogen in blast furnaces for steel-making rather than in natural gas pipelines as European and US environmental energy lobbyists are putting forward as a gas replacement.
China Petroleum and Chemical Corp. (Sinopec), which recently signed supply deals with US liquefaction plant developer Venture Global, has put a second jetty into operation at the Tianjin North onshore LNG import terminal guaranteeing supplies to the Chinese capital Beijing.
Free ReadChart Industries, the US maker of LNG and industrial gases equipment for the energy transition, has just been awarded four liquefaction project orders from four different customers. Chart said the orders for the smaller scale sector were worth more than $120 million. Additionally, the Atlanta, Georgia-based company has received releases…