European natural gas prices mixed as Russia says Asia is new focus after latest Nord Stream pipeline halt
The Russian government said the Asia-Pacific region would likely largely replace Europe as a recipient of natural gas and petroleum in the wake of Western sanctions over Ukraine while European spot natural gas prices failed to move significantly higher in the wake of expected events.
Norway’s pipeline natural gas and LNG producer Equinor signs four NCS contracts with Aibel energy services
Norwegian energy and LNG producer Equinor has signed four new contracts with oil and gas services company Aibel, also based in Norway, on behalf of the licence-holders in three offshore fields in the Norwegian Continental Shelf, with two of them having large natural gas and condensate resources.
Global liftings of LNG rebound by over 10 percent as European values rise along with spot cargo prices
Global liftings of liquefied natural gas cargoes rebounded by more than 10 percent this week while European benchmark LNG values rose along with the Japan-Korea Marker price for spot shipments heading for North Asia.
Network and LNG operator Enagas reports surge in Spanish natural gas use to 10-year high
Enagas, the Spanish natural gas network owner and operator of LNG terminals, posted 2.3 percent higher nine-month net profits of 333.1 million euros ($371M) as demand for natural gas in Spain reached its highest level in 10 years.
