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Tag Archive | "demand"

GAIL scouting for LNG worldwide to meet domestic demand

Sunday, August 2, 2009

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(The Chronicle) New Delhi, Aug 1: State gas utility GAIL India Ltd is scouting for liquefied natural gas (LNG) from overseas suppliers to meet growing domestic fuel demand, company’s new head B C Tripathi said on Saturday. GAIL, which holds 12.5 per cent stake in nation’s largest LNG importer Petronet LNG Ltd, is looking at independently sourcing [...]

Gazprom forecasts 40% drop in sales to Europe

Saturday, June 27, 2009

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Gazprom forecasts 40% drop in sales to Europe Euractiv, Published: Thursday 25 June 2009 Russia’s Gazprom expects its sales to Europe to drop 40% this year but sees European demand picking up again as the average price in 2009 falls by a third, its export chief said on 24 June At a news briefing, Alexander Medvedev rebuffed accusations that [...]

Natural Gas Trade Challenged by Commodity Focus Shift

Saturday, June 27, 2009

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Natural Gas Trade Challenged by Commodity Focus Shift Rigzone, by  G. Allen Brooks, Parks Paton Hoepfl & Brown, Thursday, June 25, 2009 In recent weeks, Wall Street has been shifting its energy focus from crude oil to natural gas as the price of the latter has become historically cheap. The first signs of global economic recovery spurred investors to jump [...]

US/Canada shale gas puts off need for Arctic gas

Wednesday, June 24, 2009

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US/Canada shale gas puts off need for Arctic gas www.canada.com, Claudia Cattaneo, Calgary Bureau Chief, Financial Post, Published: Monday, June 15, 2009 Energy; Low Prices To Last CALGARY — Abundant cheap supplies of natural gas from new shale deposits, plus growing imports of liquefied natural gas flowing into the United States, push back by 15 years the need for Arctic gas and [...]

Another gas glut? Big LNG projects gather pace in Asia

Wednesday, June 24, 2009

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Another gas glut? Big LNG projects gather pace in Asia Financial Times, June 22, 2009 6:23pm, by Ed Crooks Reports that ExxonMobil is close to signing deals with three more customers for its PNG LNG project in Papua New Guinea mean that the project is now very likely to be approved in a final investment decision before the end of the [...]

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