Lithuanian state-controlled energy company Ignitis Group will start supplying liquefied natural gas (LNG) to Poland next year when a new pipeline between the two countries comes online, its CEO said on Monday.
read more... 02/03/2021
Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural gas by overtaking Australia. The signing of the contract was delayed for a year due to economic uncertainty as a direct consequence of the Covid-19 pandemic. With the mega-expansion, the market could be oversupplied for years and the feasibility of other projects that are awaiting their investment decision could be in jeopardy.
read more... 23/02/2021
The Israeli and Egyptian energy ministers have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.
read more... 22/02/2021
Exports of liquefied natural gas (LNG) out of the United States are set to exceed America’s gross natural gas exports via pipeline on an annual basis in 2022, the U.S. Energy Information Administration (EIA) said on Thursday.
read more... 19/02/2021
Crude oil prices extended gains on Monday, supported by renewed optimism over the outlook for global demand amid Covid-19 vaccine rollout. Hence, Brent crude rose by 1.4% to $63.30 a barrel and WTI oil ended 1.1% up at $60.14 a barrel.
read more... 16/02/2021