Cedigaz: Global recession to offset gas supply gains
Oil & Gas Journal, Doris Leblond , OGJ Correspondent
PARIS, July 1 – The 4% increase in global natural gas supplies in 2008 to 3.06 trillion cu m will “practically be wiped out” in 2009 because of the economic recession, according to the latest production trends report by Cedigaz, the Paris-based international gas [...]
Gas usage ‘will rise’ despite challenges
Gulf Times – Qatar, by Pratap John, Chief Business Reporter, Tuesday 30 June, 2009, 10:16 PM Doha Time
World natural gas consumption will increase by an average 1.6% a year to 150tn cubic feet in 2030 despite demand challenges due to the global economic crisis, the Deputy Premier has said.
HE Abdullah bin [...]
No LNG competition with Russia: Attiyah
Gulf Times, By Pratap John/Chief Business Reporter, Tuesday 30/6/2009June, 2009, 12:27 AM Doha Time
Qatar is not in competition with anyone to find markets for LNG exports, HE the Deputy Premier Abdullah bin Hamad al-Attiyah has said.
Al-Attiyah was speaking after Qatargas and Polish state-owned energy company PGNiG signed a sales and purchase agreement (SPA) yesterday [...]
Asian spot LNG prices strengthen in late June on storage demand
Singapore (Platts) – 26 June 2009
Asian spot LNG prices looked a touch stronger again in the fourth week of June as demand from companies looking for cargoes for floating storage supported summer prices.
Platts’ August LNG Japan Korea Marker climbed to $4.375/MMBtu, its highest [...]
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 [...]
Tuesday, July 7, 2009
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