Global News

Articles about Natural Gas, LNG, and Other Subjects


Response to IECA

Response of LNG Allies to the Industrial Energy Consumers of America Proposed LNG Export Authorization Extension Through 2050 (Docket No. 2020-02358) On March 11, 2020, the Industrial Energy Consumers of America (IECA) filed comments with the U.S. Department of Energy (DOE) in opposition to the proposed policy statement put forth by DOE to extend the […]

June 30, 2020

Petronet Nears 10 Year Deal

Petronet Close to Long-Term Deal Around Spot Prices (Reuters) Earlier this year, Petronet invited bids to buy 1 mtpa of LNG for 10 years with pricing linked to Henry Hub natural gas futures and Dutch TTF gas futures and shipped on a delivered ex-ship basis. CEO Prabhat Singh said on Tues. (June 30) that Petronet […]

European Union
June 30, 2020

Gas Pathway to EU Carbon Neutrality

James Watson (June 30): Eurogas commissioned a study from DNV GL “to demonstrate there are many different pathways to 2050, but we wanted to establish which would be the most affordable way. Decarbonized and renewable molecules will help us reach the European Commission’s (EC’s) 2050 Climate Neutrality Ambition in a more cost effective way than […]

European Union
June 26, 2020

EU Missing Climate Goal

EU Green Deal: EU Lagging Behind on Climate Goal Samuel Petrequin (June 22): The EU’s statistical office says the 27-nation bloc is lagging behind its goals in the fight against climate change … In a report published Mon. (June 22) assessing the EU’s progress in reaching the UNs’ sustainable development goals, Eurostat noted … only […]

Gas Production
June 25, 2020

Record U.S. Production in 2019

Oil and Gas Production in 2019 Hit Records with Fewer Rigs and Wells (EIA) Today in Energy (June 25):  Increases in drilling efficiency pushed U.S. crude oil and natural gas production to establish new records of 12.2 million b/d and 111.5 bcf/d in 2019. Using preliminary data for 2019, the average active rig count per month was 943, and […]

June 25, 2020

China Energy Trade Lags Despite Crude Gains

Column: China’s Record U.S. Crude Imports in July Underscores Trade Deal Failure (Reuters) Clyde Russell (June 25): A record amount of crude oil is heading from the United States to China next month, but rather than signalling that the trade deal between the two countries is working, it serves to underscore just how far Beijing […]

EU Green Deal
June 25, 2020

EU ‘All Renewable’ Hydrogen Opposed

Industry Alliance Rebels Against ‘All-Renewable’ Hydrogen (EURACTIV) Frédéric Simon (June 25): A group of industries have rebelled against EU plans to prioritize renewables-based hydrogen, saying gas-based hydrogen should also be promoted in order to ramp up production volumes in the early stages of development. The EU’s current definition of “clean hydrogen” is too narrow and […]

EU Green Deal
June 25, 2020

No Fossil Gas in Green Transition Fund

EU Green Deal: Green Transition Fund Will Not Pay for Nuclear or Fossil Gas (Reuters) Kate Abnett (June 25): EU countries agreed on Wed. (June 24) that the bloc’s flagship fund to wean regions off fossil fuels should not finance nuclear or natural gas projects, despite calls from some Eastern EU countries for gas to […]

June 24, 2020

Poland to Expand LNG Terminal

Poland Signs Deals to Expand LNG Terminal (Reuters) Agnieszka Barteczko (June 24): Poland has signed contracts worth $483 million to expand its LNG terminal in Świnoujście on the Baltic Sea from 5.0 bcm to 8.3 bcm by 2023 in response to increasing domestic demand. An LNG unit of Poland’s gas infrastructure operator Gaz-System and the ports […]

Associated Gas
June 24, 2020

Associated Gas Recovery in 2022

North America Associated Natural Gas Recovery Not Seen Before 2022 (NGI) Leticia Gonzales (June 24): According to projections by Rystad Energy, led by researcher Carols Torrez-Diaz, head of Gas & Power Markets, associated gas may decline in North America this year to 246 billion cubic meters (Bcm) from 259 Bcm in 2019. Output then is […]

Supply and Demand
June 24, 2020

LNG Demand Recovery Outlook

Optimism Waning for Steady LNG Demand Recovery (NGI) Jamison Cocklin (June 24): The chances for a sustained recovery in global natural gas demand are being threatened by economies that have been slow to start back up as countries inch out of lockdown and face a resurgence of Covid-19 cases in some parts of the world, […]

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