Maguire: US LNG exports reach new heights due to strong European demand
The U.S. has exported more than 20% of its LNG this year compared to the same period last year, mainly due to purchases from European nations. These countries accounted for three-quarters of all U.S. orders. According to Kpler (a trade intelligence firm), the total U.S.
Maguire: US LNG exports reach new heights due to strong European demand
The U.S. has exported more than 20% of its LNG this year compared to the same period last year, primarily due to purchases from European nations. These countries accounted for three-quarters of all U.S. orders. According to Kpler (a trade intelligence firm), the total U.S.
Gas stocks in Europe could be more stressed this summer due to less hydro and wind.
The wind speed and lower hydropower stock in Northwest Europe could increase demand for gas-fired and coal-fired electricity generation this summer, at a moment when Europe needs to replenish storage that has been depleted following the winter.
Turkey looks to regional energy expansion as Black Sea Gas output increases
Alparslan bayraktar, the Energy Minister, said that the daily production of natural gas in Turkey's flagship Sakarya Field, located on the Black Sea, has reached 9.5 million cubic meters. The country is ramping up its energy ambitions at home as well as abroad.
EIA: US natgas production and demand will reach record highs by 2025
The U.S. Energy Information Administration's (EIA's) Short-Term Energy Outlook, published on Thursday, said that both the U.S. Natural Gas output and demand would reach record highs by 2025. EIA projects that dry gas production in 2026 will…
DUH: Germany's Mukran Liquefied Natural Gas terminal is at 5% utilisation during Q1
An analysis released on Monday showed that the German LNG terminal at the Baltic Sea port Mukran was operating at only 5% of its capacity in the first three months of 2025. This is despite local opposition to the project and criticism of the environmental impact.
DUH: Germany's Mukran Liquefied Natural Gas terminal is at 5% utilisation during Q1
An analysis released on Monday showed that the German LNG terminal at the Baltic Sea port Mukran was operating at only 5% of its capacity in the first three months of 2025. This is despite the ongoing opposition and criticism from locals…
Sources say India is considering scrapping the import tax on US LNG to boost purchases.
Four government and industry sources have said that India is considering scrapping the import tax on U.S. LNG to increase purchases and reduce the trade surplus, which is a major irritation for President Donald Trump. Both sides want to…
The drilling of the offshore gas project in Romanian Black Sea has begun.
On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could lead to the production of one the EU's biggest gas deposits in 2027, which would ease the transition from Russian gas.
Ukraine invests in US LNG to meet its rising gas import requirements
The state gas company of Ukraine said that it may import large quantities of U.S. natural gas via terminals located in Germany, Greece and Poland this year, as Kyiv continues to struggle with the effects of Russian attacks against its infrastructure.
EIA predicts that US crude and gas production will reach record levels in 2025
The U.S. Energy Information Administration's (EIA) Short Term Energy Outlook report (STEO), released on Tuesday, said that the U.S. production of crude oil, natural gas, and electricity will all reach record levels in 2025. The agency expects that crude oil production will average 13…
EUROPE GAS-Prices rise amid Ukraine concerns, strong demand
Dutch and British wholesale prices for gas rose Monday morning, as market demand and concerns about a possible peace agreement with Ukraine supported the market. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was up 2…
EU energy plan could save 45 billion Euros on fossil fuel import bill
According to an analysis by the EU executive, plans due to be released on Wednesday by the European Commission could save 45 billion euros (47.3 billion dollars) from the EU's import bill for fossil fuels this year. The Commission will propose…
Maguire: Recovering wind power may cool Europe's hot gas market
The wind-powered electricity produced in Europe in January 2024 was down by more than 7%, denying regional power producers a vital source of clean energy just as the demand for heating reached its peak. This wind shortage triggered an increase…
Data shows that Ukraine gas imports will increase by 10% on Thursday.
Data provided by the operator for gas transmission systems shows that Ukraine will increase its gas imports by 10% to 25 million cubic metres on Thursday, following Russian missile attacks which damaged Ukrainian gas production plants earlier in the week.
EIA: US natgas production and demand will reach record highs by 2025
The U.S. Energy Information Administration released its Short-Term Energy Outlook Tuesday, predicting that both the U.S. Natural Gas output and demand would reach record highs by 2025. EIA's projected dry gas production is expected to rise from 103.1 billion cubic feet per day in 2024…
Energy Transfer signs Natural Gas Supply Agreement with CloudBurst
Energy Transfer, a U.S. pipeline company, entered into an agreement on Monday with CloudBurst Data Centers of Denver to supply natural gas for the development of Central Texas. Data centers, driven by the rising demand for power from AI and the slow grid improvements…
Data show that Ukraine kept its gas imports high on Sunday.
The operator of the state-owned gas transmission system revealed that Ukraine will maintain its gas imports to a high level, 16,3 million cubic meters (mcm), on Sunday. Data suggested that Ukraine would import gas from Hungary, Slovakia and Poland.
Nigeria's NNPC and partners to build 5 mini-LNG for local gas usage
A company spokesperson announced late Thursday that the state-owned Nigerian National Petroleum Company has started construction on five mini-liquefied gas plants (LNG). This is part of government initiatives to boost economic growth and gas consumption.
The demand for US natgas is expected to reach a record high on Tuesday
The U.S. demand for natural gas is expected to hit a record on Tuesday as the extreme cold that has affected much of America puts pressure on power grids, and certain oil and gas operations. Last week, the February natural gas contract reached its highest price since December 30, 2022.
