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Indian bio-CNG demand set for 40-fold increase by FY2030: …
Nov 11, 2024 · Indian bio-CNG demand set for 40-fold increase by FY2030: interview [Global Gas Perspectives] The demand for compressed biogas (CBG) or bio-CNG in India is set to see massive expansion due to mandatory blending obligations in the city gas distribution (CGD) sector, covering both piped natural gas (PNG) used for cooking and compressed natural gas (CNG) used for transport.
Algerian gas supplies form a key pillar of European energy security
Nov 21, 2024 · Algerian gas supplies form a key pillar of European energy security [Global Gas Perspectives] Algeria has managed to defy forecasts that a combination of lacklustre production growth and rising domestic demand would squeeze export volumes.
Latin America’s Hydrocarbon Production Is Key to Global Energy …
Nov 28, 2024 · Latin America’s Hydrocarbon Production Is Key to Global Energy Security [Gas Expert Insights] The Big Picture. Latin America holds the world’s second largest hydrocarbon reserves, with oil and gas production surging in Guyana, Brazil, and other areas.
EIA sees higher natural gas prices, LNG exports in 2025
Dec 10, 2024 · EIA sees higher natural gas prices, LNG exports in 2025. US natural gas prices are expected to average about $3.00/mn Btu for the remainder of the 2024-2025 winter and just under that mark for all of 2025, the Energy Information Administration (EIA) says in its latest Short Term Energy Outlook (STEO) released December 10.. At the same time, LNG exports, which have remained flat at around 12bn ...
German 2024 gas consumption up 3.3% from 2023
Dec 18, 2024 · German 2024 gas consumption up 3.3% from 2023. FRANKFURT, Dec 18 (Reuters) - German utility industry group BDEW on Wednesday reported annual national usage of natural gas of 835 billion kilowatt hours (kWh) in 2024, up 3.3% on the previous year.The figure is watched in the context of Germany's growing reliance on gas imports via intra-European pipelines other than from Russia, which were ...
Sinopec forecasts China's petroleum consumption to peak by 2027
Dec 19, 2024 · Sinopec forecasts China's petroleum consumption to peak by 2027. BEIJING, Dec 19 (Reuters) - Sinopec said on Thursday it expects China's petroleum consumption to peak by 2027 as diesel and gasoline demand weakens, while noting that the incoming Trump administration represented a major question mark for China's energy industry.The 2027 peak will be no more than 800 million metric tons or 16 ...
EU Commission sets 50% gas storage target for February 2025, …
Nov 29, 2024 · EU Commission sets 50% gas storage target for February 2025, document shows. LONDON, Nov 29 (Reuters) - Europe has set in a draft document a target for its gas stores to be 50% full by Feb. 1, 2025, the European Commission said on Friday, to ensure security of supply amid forecasts of a cold winter and concerns over Russian gas disruption.The target has been set to make sure the bloc's gas ...
US LNG exports primed to jump as price arb to Europe opens …
Nov 21, 2024 · US LNG exports primed to jump as price arb to Europe opens wide: Maguire. LITTLETON, Colorado, Nov 21 (Reuters) - United States exports of LNG to Europe are set to jump in the coming weeks after the price spread between domestic natural gas and Europe's main gas pricing hub hit one-year highs.The price differential between U.S. Henry Hub natural gas futures NGc1 - the U.S. gas price benchmark ...