India's natural gas demand is forecast to more than double to 516.97 million cubic meters/day in fiscal 2021-22, according to a report commissioned by an oil ministry regulatory body. Demand in fiscal 2016-17 is forecast at 378.06 million ...
Tags: Natural Gas, natural gas demand
Natural gas demand in Italy in March fell by almost 24% year on year to 6.026 billion cubic meters, gas and power exchange manager GME said Tuesday. GME said power plant demand fell by 33% to 1.276 Bcm, one of the "strongest decreases ...
Tags: Natural gas, Gas Demand, Heating demand
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...
Tags: natural gas, analyst, Coal
The global LNG market will remain tight through the end of the decade as growing demand in Asia, South America and Europe outpaces supply constrained by high costs and underdeveloped infrastructure, according to a study released Thursday by ...
Tags: LNG Market, LNG demand
Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
France must urgently implement new rules to oblige shippers to import LNG after new gas capacity auctions indicated a massive increase in prices in France's southern PEG Sud market in the coming years, intensive users group UNIDEN said late ...
Tags: LNG Imports, gas capacity, LNG terminals
Spanish LNG throughput dropped 26.2% year on year in the week ending March 9 weighed by a drop to zero at the Sagunto terminal, data published Monday by Spanish gas grid operator Enagas showed. Combined throughput from Spain's six LNG ...
Tags: LNG throughput, national gas
China plans to raise citygate prices of natural gas consumed by non-residential users later this year, the National Development and Reform Commission said in its work report issued Wednesday at the start of the annual session of the ...
Tags: Natural Gas, on-grid tariff
The volume of gas injected into the Italian grid in 2013 was 69.01 billion cubic meters, down 8.9% year on year, gas grid operator Snam Rete Gas said. In its 2013 consolidated financial results statement Friday, Snam said the fall was ...
Tags: natural gas, Chemicals
China predicted to use 45 billion cubic meters of gas by 2030 As China strives to convert to cleaner energy, its liquefied natural gas production capacity will soar in 2014, with higher profits supporting more projects. Fifty-five ...
Tags: LNG Growth, Mineral
Rapidly increasing natural gas demand led to a surge in imports to China last year. Total consumption of natural gas last year rose 13.9 percent with total consumption hitting 167.6 billion cubic meters, according to a report by China ...
Tags: Natural Gas, Petroleum
China's apparent demand for gas in December rose 14.1% year on year to a record high of 16.26 billion cu m, according to Platts calculations of recently released government data. China does not release consumption data on gas. Platts ...
Tags: natural gas, gas demand
Demand grows due to battle against effects of higher levels of air pollution China's dependency on imported natural gas is expected to surge almost 19 percent this year as the nation's battle against air pollution drives up demand for the ...
Tags: Gas Imports, Mineral