Latest news
Poland to continue its reliance on coal
Historically, Poland has been an important producer and exporter of coal. Poland became the principal coal producer in Europe in the 1970s. Poland consumes more than 75 million tons of coal per year, which makes it the 10th largest coal consumer in the world and the 2nd largest in the EU, after Germany.
read more... 27/08/2013
China is on a fast track to increase consumption of natural gas
China, the world's fourth biggest gas consumer, is on track to increase the consumption of natural gas, while the demand for gas is forecasted to quadruple by 2030. Chinese gas market is rapidly gaining importance. In 2010 Chinese gas consumption was similar to Germany's and is expected to reach that of the entire EU by 2035.
read more... 27/08/2013
China to have its first floating terminal for LNG imports
China National Offshore Oil Corp (CNOOC) has announced it has obtained the permit to build its first floating terminal for liquefied natural gas in the northern port city of Tianjin. China, being the world biggest energy consumer, intends to increase the share of natural gas in its energy mix to 8% in the next two years, from the current 5 % in a move which aims to cut emissions from coal-fired power stations and reduce the reliance on oil imports.
read more... 22/08/2013
China’s coal production declined in the first 7 month of the year
China is the world’s largest producer and consumer of coal, with official data showing its coal production at 3.66 billion tons in 2012. According to the IEA, China is responsible for 47 percent of global coal consumption, becoming a net importer in 2009.
read more... 20/08/2013
Ukraine continues to reduce gas imports from Russia
Ukraine intends to develop several gas routes from Hungary, Poland, Slovakia and Romania and to increase imports from EU countries as it want to reduce imports of expensive gas from Russia. Ukraine has pointed out that a cut in Russian natural gas acquires will be deeper next year than expected, amounting to 24.5 billion cubic meters (bcm).
read more... 19/08/2013