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Indian gas firm GAIL seeks 26% stake in U.S. LNG

U.S. is already India's second-biggest LNG supplier GAIL stalled similar tender process under President Joe Biden India is also considering scrapping import tax on US LNG imports GAIL India Ltd issued a tender to buy an up to 26% stake in a LNG project in the U.S. combined with a 15-year gas... liquefication project or a new project that would be commissioned by 2030 at the latest, the document...

China's ENN buys about 26 LNG cargoes for 2022-2023 delivery

ENN LNG (Singapore) Pte Ltd, a unit of private Chinese gas distributor ENN Group, has agreed via a tender to buy about 26 cargoes of liquefied natural gas (LNG) for 2022 and 2023 to replenish stocks as new storage becomes operational. The cargoes were bought at premiums of about $1-2 per million... demand. But multi-month high Asian spot prices are set to slow imports in the coming months...

Breaking news from NACE conference

distribution companies and independent power, oil and gas producers. For more info, visit... information, visit:  www.bakerhughespmg.com  ...

Netherlands set to receive Norwegian LNG October 26

(Reuters) The Netherlands is set to receive the LNG tanker Arctic Princess from Norway on October 26, shipping data shows. The vessel, with a carrying capacity of 147 Mcm, has recently set sail from Statoil's Snoehvit LNG export plant in the Barents Sea. Reporting by Oleg Vukmanovic; Editing by Clarence Fernandez...

Tropical Storm Harvey knocks out 26% of USGC gas production

UPDATE: The US Department of the Interior's Bureau of Safety and Environmental Enforcement (BSEE) reported on August 29 that 19.1% of US Gulf Coast (USGC) natural gas production (about 615.09 MMcfd) was still shut in. On August 27, the shut-in volume was reported as 26%, or approximately 828 MMcfd. Tropical Storm Harvey, which roared onto the Texas coast as a Category 4 hurricane on August 25...

Iraq says 26 companies allowed to bid for oil, gas blocks in border areas

BAGHDAD (Reuters) - The Iraqi oil ministry said on Friday 26 companies have qualified to bid for oil and gas blocks in border areas. Five companies qualified recently to take part in the bidding round, alongside 21 others already selected, the ministry said in a statement. In November Iraq invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine...

China hits 26% of 2020 target for U.S. energy imports under trade deal

China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington. Over the first 10 months of 2020, China’s purchases of U.S. crude oil, LNG, propane, butane and other energy products totalled $6.61 billion, about 26% of the $25.3...

Wood secures new contract for planned polyolefin plant in Uzbekistan

Wood has been awarded a new contract by Surhan Gas Chemical Operating Company FC LLC (SGCOC) to provide a feasibility study for the exploitation of the ‘Mustakillning 25 yilligi’ (M25) field, which includes the construction of a new gas-to-chemical complex, in the Surkhandarya region of the Republic of Uzbekistan. The M25 natural gas reserves are estimated at about 100 billion cubic meters...

Europe gas: Prices hold steady despite latest Sudzha gas station attack

Dutch and British wholesale gas prices were largely steady on Friday as the latest attacks on a Russian gas supply point were balanced by an improved supply-demand outlook as winter ends. The Dutch front-month contract was up €0.17 at €41.17 per megawatt hour (MWh), or $12.99/MMBtu, by 1104 GMT... on the site a week earlier had sent prices higher. Given the facility was already attacked last week...

EMGC ’14: Israel unveils latest in security, water treatment technologies

with a visit to the highly secure Israel Aerospace Industries (IAI) ELTA, which is the largest defense industry...

PennEast becomes the latest to scuttle a natural gas pipeline project

Jersey, the latest in a series of natural gas lines to run aground due to legal and regulatory challenges.... Gas prices have surged worldwide due to rising demand and lack of supply. In the United States... in an email, noting it "has ceased all further development of the project." U.S. natural gas prices.... In other markets, gas prices are trading at record levels due to low storage in Europe and insatiable...

Update: Latest developments as Germany builds up its LNG import terminals

of the latest developments: MUKRAN The terminal on Ruegen island in the Baltic Sea, operated by private...-ship (DES) Northwest Europe LNG benchmark prices assessment as from September 16. LUBMIN ReGas...

Europe's gas storage is draining, but prices reflect no urgency

market prices indicate a complacency starkly at odds with the enormous challenge traders face... storage dropped to 44% of total capacity on January 26, according to European energy data platform.... The good news is that Europe should be able to ramp up its already enormous LNG purchases. The chilled... and LNG imports from Russia by late 2027 at the latest. This will end five decades of heavy dependence...

Eastern Mediterranean gas expansion presents new opportunities in 2014 and beyond

companies across 26 countries, attended the inaugural EMGC, which took place from April 8–10, 2013... will give special focus to the latest market and technology trends related to the exploration... with this important resource area. Conference attendees will have an unmatched opportunity to learn the latest... for desalination and water treatment (Fig. 2). The tour also includes a visit to one of the world's...

IMF sees Mozambique’s latest gas-project law setting global benchmark

, said Diderik Lund, an economics professor at the University of Oslo. “If LNG prices increase...

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