Natural Gas World - Natural Gas & LNG News & Analysis
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News & Analysis - Natural Gas World
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Quebec moves to ban natural gas in buildings from 2040
Nov 18, 2024 · Quebec moves to ban natural gas in buildings from 2040. The Canadian province of Quebec will ban the use of natural gas in new and existing residential, commercial and institutional buildings from 2040, Environment Minister Benoit Charette and Energy Minister Christine Frechette said November 18 on the sidelines of COP29 in Baku.
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 ...
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 ...
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.
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 ...
Expanding partnerships: Kazakhstan to lead the global oil industry …
Jan 17, 2025 · KazMunayGas (KMG), Kazakhstan's national oil and gas company, is actively pursuing international strategic partnerships to enhance its operations and expand its global presence in 2025. The end of the year was extremely active for KMG, as the company concluded a major agreement with the Hungarian ...
IEA forecasts tight supply and record gas demand in 2025
Oct 3, 2024 · IEA forecasts tight supply and record gas demand in 2025. OSLO, Oct 3 (Reuters) - World gas demand will reach an all-time high in 2025 driven by growth in Asia, but delays to new liquefied natural gas (LNG) production will curb supply, the International Energy Agency (IEA) said on Thursday.WHY IT'S IMPORTANT