Egypt’s Natural Gas Output Rises to 6.6 Bcf Per Day

Zohr gas field

Credit: Eni

The natural gas output of Egypt has recently risen to 6.6 billion cubic feet per day (bcfd). The rise is contributed to an increase in production at Egypt’s Zohr offshore gas field in the Mediterranean. Continue reading

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Chinese Tariffs on LNG Hits US LNG Export Wave

Sabina Pass Liquefaction

Sabina Pass Liquefaction. Credit: Cheniere Energy, Inc.

Chinese new tariffs on liquefied natural gas and crude oil on $60 billion worth of US imports could hit the energy market. US and China could be caught in a trade war, at a time when the US is all set to grow their energy export prowess. Continue reading

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South Korea to Cut Taxes to Support LNG-fired Power Generation

Korea Gas Corporation

Credit: Korea Gas Corporation

South Korea is all-poised to cut taxes on liquefied natural gas (LNG) to the tune of 74% and increase taxes on thermal coal for power generation by nearly 27% in 2019. The cuts are an effort to cut the country’s heavy dependence on coal for power production and gradually shift towards gas. Continue reading

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Canada Producers’ Survival Of Low-Cost U.S. Gas Dependent On LNG Exports

LNG Tanker

LNG Tanker

The focus on liquefied natural gas (LNG) exports could curb the Canadian production slump, which has lasted for over a decade, and in retreat from the competition by low-cost U.S. supplies. In the context, the Canadian Energy Research Institute (CERI) predicted that the national total output would reduce by 15% to 15.4 Bcf/d over the next 20 years. The development could see a turnaround with the Pacific coast LNG terminal projects attaining breakthroughs into construction. Continue reading

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Taiwan’s CPC Announces Buying LNG From Cheniere

Sabine Pass Terminal

Sabine Pass Terminal. Credit: Cheniere Energy, Inc.

Taiwan’s CPC Corp., a major LNG importer and state-owned producer of oil, natural gas, and gasoline, recently announced that it had reached a preliminary deal to buy liquefied natural gas (LNG) from US based LNG producer, Cheniere Energy Inc. under a 25-year sale and purchase agreement (SPA). Continue reading

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Are Methane Leaks Offsetting the CO2 Benefit of Natural Gas?

 Exxon Mobil Refinery in Baton Rouge, Louisiana,

Exxon Mobil Refinery in Baton Rouge, Louisiana. Credit: CC/WClarke

The American oil and gas industry is leaking nearly 60% higher than the government estimates, according to a new peer-reviewed study. The highlights of the study give a clear picture of the climate impact of natural gas, and as methane is a powerful greenhouse gas, the news is not encouraging for climate change. Continue reading

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Argentina Plans Exporting Natural Gas To Chile By End of 2018

Natural Gas pipeline.

Natural Gas pipeline. Credit: Creative Commons/Glen Dillon

Argentina is all set to export natural gas to its neighbouring country, Chile, before the end of 2018. The development was reiterated by the energy ministers of both the countries recently, in the backdrop of the output from the Vaca Muerta shale field increasing. Meanwhile, Minister of Energy, Argentina, Juan Jose Aranguren, stated that it was probable that they would continue to import regasified LNG from Chile in the winter to meet its peak demand. Continue reading

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30% of Natural Gas Fuelling UK To Be Replaced With Hydrogen

Gas

Credit: Swansea University

In the effort to cut carbon emissions and curb climate change, around a third of the natural gas running UK businesses and homes are set to be replaced with the carbon-free fuel, hydrogen. The switch to hydrogen would reportedly not require any change to the nation’s boilers and ovens. Continue reading

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India Sets In Import of LNG From Russia Under 20-year Deal

LNG-Kano

LNG-Kano

India recently received the first-ever cargo of Liquefied Natural Gas (LNG) from Russia under a 20-year contract. This is a part of India’s strategy of diversifying its supply sources and catering to the rising local energy needs. Continue reading

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Russia Gears To Explore Crimean Gas Resources

Natural gas-fired power plant in Sevastopol, Crimea.

Natural gas-fired power plant in Sevastopol, Crimea. Credit: CC/Rumlin

Russia should gear up and explore the continental shelf of Crimea for natural gas resources, according to a deliberation by Aleksandr Sergeyev, the head of the Russian Academy of Sciences at a three-day visit on the peninsula. Continue reading

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