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Iran Signs First Deals with EU Banks
For the first time since sanctions were removed in January 2016, European banks have opened credit lines to Iran. Iranian commercial banks have signed contracts for credit lines with Austria’s Oberbank and Denmark’s Danske Bank, authorities in Tehran said September 22. Confirming Oberbank’s...
[NGW Magazine] China's independents eye LNG capacity
This article is featured in NGW Magazine Volume 2, Issue 17 By Tim Daiss Changes to China’s energy policy, growing demand for gas and the continued downward trajectory of global LNG prices are giving China’s independent LNG players a fighting chance. In the first half of...
GGP: Iran, Turkey Key to Turkmenistan Realizing its Energy Potential
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The statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of Natural Gas World. This was originally published by the Atlantic Council on...
EIA Sees Natural Gas as Fastest Growing Fossil Fuel
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Natural gas is the world’s fastest growing fossil fuel, the US Energy Information Administration (EIA) says in its latest International Energy Outlook (IEO2017), outpacing both liquid hydrocarbons and coal. Globally, demand is projected to grow 1.4%/year through the 2015-2040 forecast period...
![[Premium] GreekStream Resurfaces but no Clear Endgame](https://www.naturalgasworld.com/images/poseidonetc.jpg)
[Premium] GreekStream Resurfaces but no Clear Endgame
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Russian plans to extend TurkStream beyond Turkey and into Greece – competing with gas supplies from the Caspian region – remain on the agenda, with support from southern Europe. Gazprom's original pipeline route South Stream would have competed with Nabucco or whichever alternative route...
Pertamina Eyes LNG Sales to Bangladesh
Indonesia’s Pertamina could start exporting LNG to the emerging Bangladesh market next year as the energy ministers of the two countries inked a memorandum of understanding (MOU) over LNG trades September 15 in Jakarta, a spokesman for Bangladesh’s ministry of power, energy and mineral resources...
Dutch TTF-BBL Merger Scheme Delayed
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A plan by Gasunie subsidiaries GTS and BBL to extend the Dutch TTF balancing zone to the English coast is still awaiting a decision by British regulator Ofgem. The companies had expected a final decision last month. However they have not withdrawn their proposal. Dutch gas grid operator GTS, wholly...
Gazprom Increases Export-Project Spending
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Russian gas giant Gazprom expects to spend more this year than envisaged, as upstream and export projects get underway, but it provided no details of the specifics or reason for the increase beyond saying they were mainly linked to its "priority gas transmission and production projects of strategic importance.
Cairn Hires Xodus for Senegal Studies
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Cairn has awarded London-based engineering consultancy Xodus Group two Environmental and Social Impact Assessment (ESIA) contracts, relating to Cairn-operated blocks offshore Senegal. The value of the contracts was not disclosed. Cairn made major oil and gas discoveries there and plans development of...
![[Premium] GTL Production To Rise into 2020s: EIA](https://www.naturalgasworld.com/images/gtl%20forecast%20-%20eia%202017.jpg)
[Premium] GTL Production To Rise into 2020s: EIA
Global gas-to-liquids (GTL) plant production is set to rise significantly into the 2020s, thanks to two new projects already under development, according to the US Energy Information Administration's latest International Energy Outlook 2017 released September 14. But few or no new GTL projects are starting...
US Gas Output Mostly Escapes Hurricane
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US gas production is largely resilient to hurricanes now that so much production is onshore, said the Energy Information Administration in its weekly report September 14. In 2001, more than a quarter of US output came from offshore in the Gulf of Mexico but last year it was down to 4% of the total. From...
Green Dragon Gets Moving with Chengzhuang CBM Block
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Coalbed methane explorer Green Dragon Gas has received China National Development and Reform Commission (NDRC) approval for a project code for the overall development plan on its Chengzhuang Block, it said September 15. “State approval of the project code means that the company can commence the...