Natural Gas World

1 Magazine | 1,517 Articles | 55 Followers | 2 Likes | @NaturalGasWorld | Natural Gas News, analysis and opinion on natural gas matters from around the world.

Azerbaijan's Gas Export Revenues Down 35.5%

Azerbaijan exported 6.754bn m³ of natural gas in 2016, about 19.9% less than the previous year, while revenues of $970mn were down 35.5% thanks to …

Oil

Shale Gas Feeds Dresser-Rand Micro-LNG

Siemens subsidiary Dresser-Rand said January 18 it has commissioned its first micro-LNG system.<p>The Ten Man facility in Pennsylvania began LNG …

Siemens

Brits Happiest with Gas Heating

Almost half of all Germans believe it would be desirable to use solar energy for space heating at home, according to a ‘<i>Living in Europe</i>’ study by …

Europe

Germany Cannot Keep Going Like This: ex-RWE Director

Low power prices, meanwhile, discourage investment in new baseload capacity, while heavy use of lignite plants - the cheapest to build and operate -- …

Energy

Hydrogen promoted at Davos WEF

Shell helped roll out hydrogen-refuelling infrastructure in Iceland as a way to demonstrate it could play a major role in a national economy's …

World Economy

Hoegh Places Orders with Two Korean Shipyards

Last month Hoegh signed a letter of intent (LOI) for one firm and three optional FSRUs from another South Korean shipbuilder, Samsung Heavy …

Hyundai

Australian EWC Gets LNG Carrier at its Philippines LNG Terminal

Australia listed Energy World Corporation January 16 announced the arrival of LNG carrier <i>Ocean Quest</i> at its Pagbilao LNG terminal in the Philippines’ …

Energy

Australian LNG exports in 2016 at 45mn mt

For the year 2017, EnergyQuest expects the export performance to be even stronger. This year exports are expected to touch 60mn mt as APLNG and …

Oil

Bangladesh could sign LNG contract with Qatari RasGas

Bangladesh is likely to procure 3.75mn metric tons of LNG at an estimated cost of $2.28bn from Qatar state-owned RasGas by a direct procurement …

Qatar

NZ Oil & Gas buy controlling stake in Australian Cue Energy

New Zealand Oil & Gas has increased its stake in Australia listed Cue Energy from 48.11% to 50.01% at the cost of A$1.12mn (US$0.85mn).<p>“Our …

Oil

Exxon In Giant Permian Oil and Gas Deal

ExxonMobil said January 17 it will more than double its Permian Basin shale resource to 6bn barrels oil equivalent by acquiring 3.4bn boe – of which …

Oil

Norway awards new licences

(Credit: NPD)<p>A total of 16 out of 18 discoveries in 2016 were made in areas comprised by the APA scheme.<p>“It is an advantage that the geology is quite …

The Arctic

GECF Sees Soaring Gas Demand. Trade by 2040

This rate of growth will, however, be eclipsed by both renewables and nuclear. Renewables (excluding hydro) are expected to grow from 1,697 mtoe in …

Energy

UK GTL Pioneer Signs up Asian Firm

UK-based small scale gas-to-liquids (GTL) pioneer Velocys said January 17 it has signed a memorandum of understanding (MOU) to establish a strategic …

United Kingdom

TechnipFMC starts trading

TechnipFMC says it is operating as a unified, combined company following completion January 17 of the merger of FMC Technologies and Technip.<p>The new …

Financial Markets

Senegal Update from Cairn

FAR’s Norman noted that Cairn, which has drilled six successful wells off Senegal, estimates SNE can break even at an oil price of $35/b.<p>In the UK …

Senegal

Statoil makes Norwegian Sea find

Operator Statoil said it plans to appraise the discovery further. A tie-back of the discovery to the floating production ship (FPSO) at the Norne …

Oil

Israel’s lost opportunities

Israeli infighting and also circumstances outside its control have combined to deny the energy importer the chance to become a significant exporter. …

Israel

Talks on GRTgaz Takeover of Elengy

Such a planned acquisition responds to both European gas infrastructure challenges and market player needs, said Engie, adding it would have no …

Energy

Kosmos brings BP into Tortue

FLNG developers offshore Cameroon, Mozambique and Equatorial Guinea could yet challenge Inglis’ Tortue forecast. But the latter is based on 25 …

Oil

Ghana OCTP to Get Further Support

UK Export Finance, a government agency, said January 16 it will provide $400mn of support for a GE Oil & Gas contract with Ghana's Offshore Cape …

Oil

World Bank provides $ 400 mln for Tanap

The loan will be provided by the International Bank for Reconstruction and Development with the guarantee of the government. The deal was signed by …

World Bank

Pakistan's 2nd FSRU named in South Korea

Singapore-based shipowner BW Group said January 15 a naming event was held three days earlier for <i>BW Integrity,</i> its second floating LNG terminal (or …

Pakistan

Anti-flaring chief urges US firms join 2030 initiative

<i>How sure can you be that the World Bank and US agencies like Nasa and National Oceanic and Atmospheric Administration (NOAA) will continue to enjoy</i> …

NOAA

Reganosa is Malta's Terminal Operator

Spain’s Reganosa said January 16 it has been awarded a contract for operation and maintenance of ElectroGas Malta’s Delimara regasification plant.<p>The …

Malta

Aker BP Plans to Expand Skarv

The firm said it has the potential to produce 270,000 boe/d in 2023 from both sanctioned and non-sanctioned projects, or an annual growth of 12%.<p>Aker …

Oil

Iran's upstream development plans

Currently, only the Khangiran field in the country’s northeast is operating, producing nearly 39mn m³/d of gas, which is equal to the capacity of the …

Pakistan LNG to open financial bids for supply of 240 LNG shipments

The LNG will be imported through the floating terminal being built by Pakistan GasPort at Port Qasim. The terminal, with a capacity to handle 600mn …

Pakistan

Ichthys completes subsea installation

Japanese Inpex January 13 announced the completion of installation of subsea infrastructure and equipment for the Ichthys LNG project. The gas and …

Energy

Enagas Releases 2016 Spanish Data

Spanish gas consumption grew by 2.1% year on year to 321.4 TWh (29.9bn m³) in 2016, according to preliminary data from gas grid operator Enagas.<p>Use …

Energy