Showing posts with label lng. Show all posts
Showing posts with label lng. Show all posts

China plans to grant private companies access to oil, gas infrastructure

The National Development and Reform Commission (NDRC) of China has issued the draft rules to concede private companies access to national oil pipelines, gas pipelines, LNG terminals and gas storage infrastructures. The motion was requested by the country’s energy operators and should mark the first concrete plan to promote fair access to gas-related facilities.
China is reforming its oil and gas sector and removing state companies' monopolies and private energy companies are being encouraged to sign term contracts to utilize the national infrastructure.
The NDRC also contemplates changing standard units for measuring energy flows, from tonnes to thermal units in order to facilitate the calculation of transportation costs.

Russia's Novatek ships first LNG cargo from Yamal LNG to China


The Russian independent gas producer Novatek has shipped its first liquefied natural gas (LNG) cargo from the Yamal LNG project to China via the Northern Sea Route. This represents a new milestone and the number of such shipments are expected to increase in the future to meet the growing natural gas demands of the Asian-Pacific markets. Novatek already started to ship natural gas via the Northern Sea route in 2010 and currently uses a fleet of 15 Arc7 ice-class LNG carriers with cargo capacity over 170,000 cm.
The Yamal LNG project will consists of three liquefaction trains of 5.5 Mt/year each of LNG and up to 1 Mt/year of gas condensate. The first unit was commissioned in December 2017 while the second and third trains are expected in 2018 and 2019, respectively.
Yamal LNG's main shareholders are Novatek with 50%, Total with 20%, China National Petroleum Corporation (CNPC) with 20%, and the Chinese Silk Road Fund (10%, to be sold shortly by Novatek for the provision of a US$792m, 15-year loan to finance the project). Yamal LNG has already secured contracts for more than 90% of the total capacity with Gas Natural Fenosa (2.5 Mt/year), CNPC (3 Mt/year), Total (4 Mt/year), Novatek Gas & Power (2.9 Mt/year) and Gazprom (3 Mt/year).

More energy news: https://goo.gl/JX6nho

Global Energy Trends, 2018 edition. A step backward for the energy transition?


Every year, Enerdata leverages its globally recognized expertise and databases to produce its Global Energy Trends, an independent study of the past year’s energy market trends and resulting environmental impacts.
This analysis of G20 data, which accounts for 80% of the global energy demand, highlights key evolution of 2017 global markets.

2017 was defined by strengthened global economic growth (+3.7%), as well as by a rebound in CO2 emissions (+2%) and energy consumption (+2.1%, twice as much as in 2016).

For more exclusive insight and detailed analysis by energy and country, you can download the publication on Enerdata's website. 

Tahiland's gas Conundrum , the latest enerdata analyst brief .

Thailand’s gas conundrum 

June 19th, 2014


Natural gas has been dominating Thailand’s power mix for about three decades. While indigenous gas production in forecasted to deplete in the 2020’s decade, Thailand is relying more and more on gas imports, with a particular increase in LNG imports. Although natural gas offers a better carbon footprint than other fossil fuels, its cost has been rising as a consequence of the increasing share of LNG in the gas imports causing electricity prices rise.


Share of energies in Thailand’s power mix

Share of energies in Thailand’s power mix

Read the  Thailand's gas conundrum analyst briefs.