ICGB licensed for natural gas transmission for territory of Bulgaria
The ICGB AD, the project company for construction of the Interconnector Greece-Bulgaria (IGB) received a license for natural gas transmission for 35 years for the…
6B cubic meters of natural gas transported via TAP
The Trans-Adriatic Pipeline (TAP), which delivers Azerbaijani gas to Europe, has transported about 6 billion cubic meters of natural gas since the end of December…
Russian Oil Giant Rosneft Seeks Approval To Export Natural Gas
State-controlled Rosneft, the largest oil producer in Russia, has asked Russian President Vladimir Putin to be allowed to export natural gas with giant Gazprom acting…
Natural gas spot price in Europe exceeds $514
The natural gas spot prices in Europe continued to rise since the beginning of the new week. Report informs that the supply price in the Dutch…
Natural gas export from Azerbaijan to Turkey increases by 16%
In March Azerbaijan exported 1,072,000,000 cubic meters of gas to Turkey, up 16% from the previous year, Report informs, citing Energy Market Regulatory Authority (EMRA). Thus, Azerbaijan…
Natural gas – for farmers of Mary region
In the Mary region of Turkmenistan, active work on the gasification of rural settlements is being carried out. Since the beginning of 2021, a gas…
Global Natural Gas Production Decreased by 3.6% in 2020
The world production of natural gas fell by 3.6% – to 3,918 bcm last year This was facilitated by low prices for hydrocarbons, which, in…
LNG traders look forward to a swift 2021 rebound
(Bloomberg) –Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings Colder…
Natural Gas Prices Plunge 10% On Extremely Bearish Weather Forecast
Natural gas futures are down more than 10% on Monday morning following new weather models that suggest warmer weather is ahead Meteorologists at BAMWX show one model…
Russia’s Gazprom Boosts Natural Gas Supplies To China
Russia’s natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared…
Natural Gas Prices Tank, But Regional Price Differentials Narrow
Along with WTI and Brent crude prices, natural gas prices fell precipitously on Tuesday, but the regional differences in gas prices during the last couple…
Warren Buffett bets $9.7 billion on a long future for natural gas
Warren Buffett’s $9.7 billion bet on natural gas looks even more contrarian today. As Democrat Joe Biden unveils a staggering $2 trillion clean-energy plan—the most…
Gazprom’s Hold On European Gas Market Slips
The record stockpile of natural gas in northwest Europe and Italy is eating into the regions’ thirst for Gazprom’s product, according to Reuters, and the…
U.S. Supreme Court Grants Right-Of-Way To Key Natural Gas Pipeline
The U.S. Supreme Court sided with the developers of a natural gas pipeline project, clearing some of the obstacles to the completion of the Atlantic…
Natural Gas Prices Could Double Next Year
April has seen a marked reversal of fortunes for shale oil drillers in the United States. The price for May deliveries of West Texas Intermediate…
Minister: Russia expects record gas supplies to Europe
“Russia’s gas exports are growing by 6-7% annually. This year there will be the most record gas deliveries to Europe. We are reaching peak volumes…
Enagás makes a net profit of €219.8mn
Enagás made a net profit of 219.8 million euros in the first half of 2018. This figure is 1% higher than that of the same…
Balticconnector’s construction starts
The start of Balticconnector’s construction phase is celebrated on 8th of June 2018 in Inkoo on the compressor station worksite with the Groundbreaking Ceremony. The…
Construction of Turkmen urea plant nearing completion
In the city of Garabogaz, the start-up and adjustment works on auxiliary equipment started at the plant that is currently under construction for the industrial…
IGTC delivers 156 bcm of gas in 9 months
The Iranian Gas Transmission Company (IGTC) delivered over 156 billion cubic meters of natural gas over the course of the first 9 months of the…