LNG

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Russia is main supplier of gas to EU

Russia is main supplier of gas to EU

Russian pipeline supplies covered 45% of extra-European Union gas imports, according to the European Commission's quarterly report on European gas markets. Russia is followed by Norway (26%). "In the …

 Poland to sell U.S. gas to Ukraine

Poland to sell U.S. gas to Ukraine

Poland will be selling to Ukraine the liquefied natural gas (LNG) that it purchases from the United States, Polish Oil and Gas Company (PGNiG) said in a statement. "Polish Oil and Gas Company (PGNiG) has purchased a cargo of …

Saudi Aramco to buy U.S. LNG

Saudi Aramco to buy U.S. LNG

Saudi Aramco has entered into a 20-year agreement with U.S.-based Sempra Energy to purchase liquefied natural gas (LNG) from its subsidiary Sempra LNG, the two companies said. The two companies are also finalizing a 25% equity …

Russia to boost its share on LNG market

Russia to boost its share on LNG market

Russia’s Energy Minister Alexander Novak said that the share of liquefied natural gas (LNG) on the global gas market may double to reach 70% by 2040. According to him, the segment of LNG production has "huge …

 Novatek to increase gas output by 10 pct this year

Novatek to increase gas output by 10 pct this year

Novatek, Russia’s largest non-state gas producer, will increase gas output in 2019 by 10% and liquid hydrocarbons production by 2%, the company’s CEO Leonid Mikhelson said. "Novatek has signed contracts …

Will Germany build terminal for U.S. LNG?

Will Germany build terminal for U.S. LNG?

Germany’s Chancellor Angela Merkel said the Cabinet is set to co-fund the construction of a liquefied natural gas (LNG) shipping terminal this month. The $576 million project would be located in northern Germany, the Wall …

Poland signs 20-year gas deal with U.S.

Poland signs 20-year gas deal with U.S.

Poland’s state-run energy company  Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) has struck a 20-year deal to buy liquified natural gas (LNG) from the U.S., as the country pushes to reduce its dependence on imports of Russian …

Will Germany abandon U.S. LNG?

Will Germany abandon U.S. LNG?

Germany is unlikely to buy the LNG that Washington has offered it as an alternative to Russian gas as Berlin doesn't need it, the German newspaper Handelsblatt wrote.  The newspaper wrote that the only reason that the German …