Energy Information Administration (EIA) states that in 2009 in the USA, natural gas accounted for 76% of the residential and commercial sectors’ energy needs, 40% of the industrial sector’s energy needs, 18% of electricity generation and 3% of the transportation sector’s energy needs. Natural gas wi
At the Saint-Petersburg International Economic Forum, Sovcomflot – Russia’s largest shipping company, OAO Novatek – the leading independent natural gas producer, and the state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) signed a memorandum on cooperation as part
The Project for the Enhancement of the Capacity of the Gas Interconnection between Latvia and Lithuania has been successfully implemented 7 months ahead of deadline. The newly implemented project was primarily aimed at enhancing the capacity of the Latvia-Lithuania natural gas interconnection, ensur
Today, the European Commission decided to refer Poland to the Court of Justice of the European Union for failing to comply with the EU internal energy market rules. Under the Gas Directive (2009/73/EC) prices should primarily be determined by supply and demand. State-set tariffs for non-household en
Dart Energy provided an update on its activities in the United Kingdom in relation to the company’s coal bed methane (CBM) assets in Scotland, and shale assets in England. Coal Bed Methane Activities PEDL 133 Reserves Update Netherland Sewell & Associates Inc (NSAI) has completed a reassessment of t
Cyprus Cabinet approved the decision for the signing of the Memorandum of Understanding with the companies Noble Energy International, Delek Drilling and Avner Oil Exploration for the LNG terminal, the deputy government spokesman, Victoras Papadopoulos said. He also revealed that Cyprus and Israel c
Ros Roca Indox Cryo Energy commissioned two new L/CNG refuelling stations in Spain. VIA AUGUSTA GAS – Zaragoza was commissioned June 5 testing MB dual fuel trucks , attended by technical staff of both companies, the owner of the refuelling station and representation of several transport companies fr
A formal ceremony was hosted at the Ust-Luga commercial sea port to mark the first loading of a gas carrier with liquefied petroleum gas (LPG) at SIBUR’s new transhipment facility for LPG and light oils. The ceremony was attended by Maksim Sokolov, the Russian Transport Minister; Alexander Drozdenko
Natural gas will continue to increase its share of the global energy mix, growing at 2.4% per year between now and 2018, the IEA said in its Medium-Term Gas Market Report (MTGMR) issued today. However, this projected growth rate is lower than the IEA’s forecast last year of 2.7%, due to persistent d
The Gazprom Board of Directors approved the work being done by the Company to implement the Eastern Gas Program. The Company is intensely expanding its resource base in Eastern Russia and developing its production and transmission capacities. In particular, the Kirinskoye field pre-development is ne
The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russ
PIRA Energy Group reports that Asian LNG demand heads toward summer peak buying. Mexican gas flows move to trade forefront. In Europe, the need for stronger injections remains. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: Asian Demand Heads Toward Summ
The Al Gattara liquefied natural gas tanker, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 26, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of
The Chairman of the Supervisory Board of N.V. Nederlandse Gasunie, Rinse de Jong, announces that Paul van Gelder, CEO and Chairman of the Executive Board, will leave the company as of 1 September 2013. “We respect Paul’s decision. Over the past three years, he has led the company through turbulent t
