PIRA Energy Group reports that seasonal weakness in 2Q global LNG has pressured down more on Europe. In the U.S., the falloff in natural gas drilling has yet to affect output. In Europe, power sector gas demand spiraled lower. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: The traditional 2Q weak [...]
June 12, 2013 | Posted in
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The Gazprom headquarters hosted the Press Conference “Gas Export and Enhancing Reliability of Gas Supply to Europe” organized within the series of meetings among Gazprom’s top executives and media representatives on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Alexander Medvedev, Deputy Chairman of the Gazprom Management [...]
GLE members are interested in supporting the small scale LNG development in Europe. This development is strongly driven by policies and targets to reduce emissions in the transport sector. New emissions control regulations are making LNG an increasingly attractive option for the short sea shipping sector as well as for road transport. On 13 December [...]
April 30, 2013 | Posted in
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The Baltic Sea has the potential to become a pilot area for the use of LNG as shipping fuel in Europe, Norwegian Prime Minister Jens Stoltenberg said last week at the Baltic Sea Summit in St. Petersburg. “The dynamic economic growth and development of the Baltic Sea region is putting increased pressure on the marine [...]
Liquiline announced that Torine Elisabeth Lie will join Liquiline as Chief Marketing Officer and Head of Sales Europe. Mrs Torine Elisabeth Lie (48) will join Liquiline as CMO and Head of Sales Europe as from 1st of April 2013. Torine has wide experience and competence from the finance and energy industries. Over the past 14 [...]
The 83rd International Motor Show, held 7-17 in March in Geneva, Switzerland, underlines carmakers are increasingly relying on natural gas and biogas drives. Between late 2012 and 2013, four new brands added cars powered by gas/biogas to their portfolio: Audi, Fiat, Seat and Skoda. Moreover, leading car manufacturers are now offering CNG versions for their [...]
Qatargas’ Chief Operating Officer – Commercial & Shipping, Alaa Abujbara, addressed the challenges surrounding energy supply in the European markets to an audience at the annual Flame conference held in Amsterdam (11 – 15 March). The presentation, titled “A Case for LNG in Europe” highlighted the challenges facing Europe as it evaluates its energy choices [...]
March 14, 2013 | Posted in
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NGVA Europe said that an additional member, Clean Air Power, has applied for seat on the association’s Board of Directors. In order to join NGVA Europe’s governing body the request will have to be officially confirmed by the next annual General Meeting, which will take place during NGV 2013 Gothenburg in Sweden, this year’s June. [...]
NYC-based PIRA Energy Group believes that Europe’s stricter LNG diet will continue in the weeks and months ahead. The loss of Egyptian and Nigerian LNG volumes will offer more price support in Asia than in Europe. Europe’s stricter LNG diet will continue in the weeks and months ahead, creating additional supply for South American and [...]
Iran is able to implement the Pakistani part of the gas pipeline project without any technical support from the United States and Europe, Ali Akbar Velayati, the adviser to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on international affairs said. He went on to say that, strategic cooperation between Iran and Pakistan is [...]
