Malaysia increases gas-fired electricity use in December, as coal dependence falls
Grid operator data shows that Malaysia increased its natural gas-fired electricity generation in December and reduced its reliance on coal. The rising production helped to boost local supply, and also expanded liquefied gas exports. Real-time data provided by Malaysia's Grid Systems Operator (GSO)…
The Dutch benchmark is expected to finish the year 40% lower than last year's price.
The Dutch and British gas wholesale prices were not much changed on Wednesday morning as wind power output curbed gas plant demand. However, the benchmark Dutch contract for the front month of 2025 is expected to be around 40% lower than it was at the beginning of the year.
US Natural Gas Futures Rise Alongside LNG Export Demand
U.S. natural gas futures rose 4% on Tuesday, boosted by record gas flows to liquefied natural gas export plants and forecasts for more demand than previously expected over the next two weeks.Front-month gas futures for January delivery on the New York Mercantile Exchange rose 15.3 cents…
By the end of this year, Ukraine will import 5 billion cubic meters of gas
Ukraine, which has lost more than half its gas production due to Russian missile attacks, had imported 4.4 billion cubic meters (bcms) by December, and planned to import a further 0.6 bcms by year's end, said state energy company Naftogaz on Wednesday. "Our current rate of import is 26 million cubic meters (mcm)…
Prices remain stable as the supply is strong and peace talks in Ukraine fail.
The Dutch and British wholesale prices of gas were stable on Wednesday morning. They were close to a 19-month low as the peace talks between Russia, the U.S. and Ukraine on ending the conflict in Ukraine failed to find a solution and gas supplies remained strong. LSEG data…
Ukraine increases gas imports via Transbalkan route amid intensifying Russian strikes
Import data from transit operators shows that Ukraine will dramatically increase its gas imports via southern Transbalkan route, which links it to Greece on Friday in order to replace supplies lost because of Russian attacks. In recent months, drone and missile attacks on…
Ukraine imports US LNG from Greece to meet winter needs
The Ukraine will import U.S. liquefied gas from Greece for its winter requirements from December to March of next year. This was announced by Greek and Ukrainian officials on Sunday, during the visit to Athens of President Volodymyr Zelenskiy. Ukraine will import natural gas…
Zelenskiy: Ukraine and Greece agree on gas imports
The President Volodymyr Zelenskiy announced on Sunday that Ukraine would receive gas imports to cover its winter requirements from Greece. He also pledged to secure almost 2 billion euros in order to counter Russian attacks on the domestic production. He said that he had already…
EU injects new money into Ukraine for Naftogaz
The top European development banks and Ukrainian Naftogaz energy company signed a deal Thursday that will provide hundreds of millions to ensure Ukraine's gas supply in the face of ongoing Russian attacks on its infrastructure. The war with Russia has impacted the energy system of Ukraine, causing a rise in gas imports.
Croatia's LNG Terminal tests new unit that doubles capacity
The managing director of Croatia's LNG Hrvatska said that the company has begun testing its new floating storage unit and regasification (FSRU), which will double its annual maximum capacity. Ivan Fugas said that after the terminal tests are completed, its top capacity will go from 3.1 billion cubic metres to 6.1.
Sources say that Russia's Orenburg plant has increased its gas imports from Kazakhstan
Two industry sources reported on Thursday that the Russian Orenburg gas plant had increased its gas intake from the Karachaganak gas field in Kazakhstan at the beginning of November, in an effort to recover gradually after it was attacked by drones last month. The first disruption…
ExxonMobil to join gas exploration project in the Greek Sea
ExxonMobil, a U.S. oil company, has signed an agreement with Energean Energy and Helleniq Energy for the exploration of natural gas off Greece's coast. The companies announced this on Thursday. ExxonMobil's global exploration head, John Ardill, said that if everything goes according to plan…
Poland Working on Deal to Import US LNG to Support Ukraine, Slovakia
Poland is working on a deal to import liquefied natural gas (LNG) from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, according to two sources familiar with the negotiations.Officials expect to…
Adani Total Gas in India reports lower profits as imports increase costs
Adani Total Gas in India reported a drop in its second-quarter profits on Tuesday as higher costs for gas imports, after the government reduced cheaper supplies, weighed on earnings. The city gas distributor is a joint venture of Adani Group with French energy giant TotalEnergies.
Zelenskiy: Ukraine has the funds to import 70% of the gas needed for this winter.
The President of Ukraine, Volodymyr Zelenskiy, said that Ukraine has secured funds to purchase 70% of its natural gas needs for this winter. He also stated that the Ukrainian Government would cover the remaining funding. He appeared to be reassuring Ukrainians that they will have enough energy this winter…
Turkmenistan will maintain its gas production next year
Turkmengaz, the state-owned energy company, said that Turkmenistan's natural gas production will remain at 80 billion cubic meters in 2025-2026. Maksat Babaev, speaking at the Turkmenistan annual oil and gas convention's press conference, said that this year's production of gas was 80 billion cubic meters.
Europe adopts 19th sanctions package against Russia, including LNG import ban
The EU officially adopted on Thursday the 19th package against Russia, which includes a ban of Russian liquefied gas imports. On Wednesday evening, after Slovakia dropped their block, the 27 member states approved the package. The Danish rotating EU presidency said that the…
Energy Minister: Orenburg plant in Russia restarts gas imports from Kazakhstan field
Kazakhstan's Energy Minister said that the Russian Orenburg gas plant was damaged by a drone strike on Sunday. It has since resumed receiving natural gases from Kazakhstan's Karachaganak gas field. As part of Kyiv’s campaign to destroy Russian energy infrastructure, the strike on Orenburg…
Poland, US Look to Boosting US LNG to Central Europe
Top Polish and U.S. energy officials discussed a potential boost of supplies of U.S. liquefied natural gas (LNG) via Poland to Central Europe to reduce the region's dependence on Russian gas, Poland's energy ministry said on Tuesday.Last week, Poland's Deputy Energy Minister Wojciech Wrochna and U.S.
EU agrees to end Russian gas imports gradually by January 1, 2020
The Council of the European Union reported that the EU energy ministers backed on Monday the proposal to eliminate Russian gas and oil imports into the EU by January 2028. At a meeting held in Luxembourg, the ministers approved plans that would gradually phase out all new Russian gas import agreements from January 2026.