Latest news
Daily: UK prompt gas declines on oversupplied system
Brent crude oil futures declined below $100 a barrel on Thursday on new concerns of weakness in European economies which intensified demand worries, but the investors remained optimistic about stimulus measures to offset slow global growth.
read more... 05/07/2012
Sweden: Swedegas and Royal Vopak to built a LNG terminal
A new LNG terminal could be built in Gothenburg, in Sweden by 2015.It will be built at the major port in the Nordic region, and will be able to store large quantities of resources, helping the country to pass from heavy fuel oil to gas.
read more... 05/07/2012
China opens its first natural gas spot market to deal with peak electricity demand
In order to deal with peak electricity demand in the summer, China launched its first spot market for natural gas on the Shanghai Petroleum Exchange on July 2nd, move which will gradually improve the natural gas mechanism in long term through a fair and reasonable competition.
read more... 04/07/2012
Japan to import GNL from U.S
Japan, which is the world’s largest importer and consumer of natural gas, expects to import 15 million tons of LNG from US starting from 2016, time when U.S. lifts restrictions on exports to the world's biggest LNG buyer. Japan's LNG imports began rising at a record pace in 2011 in the wake of the Fukushima radiation crisis.
read more... 29/06/2012
Daily: UK gas declines on firmer supply and warmer weather
Brent crude traded above $93 a barrel on Thursday, after a rally due to an output cut in Norway and optimistic U.S. economic data, although gains were checked by expectations that an EU summit was unlikely to bring concrete measures to solve the region’s debt crisis.
read more... 28/06/2012