article thumbnail

Turkmenistan Forges New Gas Partnerships with Turkey and Beyond

OilPrice

Turkmenistan is trying to shed its long-standing image as a hermit kingdom, at least when it comes to natural gas exports. The centerpiece of Turkmenistans gas export diversification push is a swap arrangement with Iran and Turkey under which Ashgabat is expected to supply Ankara with 1.3

Gas 175
article thumbnail

India's natural gas consumption set to surge 60% by 2030

Energy Central

The International Energy Agency (IEA) at India Energy Week 2025 today released its comprehensive India Gas Market Report, revealing that India's natural gas sector has reached an inflection point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IGU report: Global Natural Gas Investment Gap Could Lead To a Supply Shortfall By 2030

Energy Central

The International Gas Union’s Global Gas Report 2024 shines a spotlight on a critical issue: a significant lack of investment in natural gas production and infrastructure, all while global demand for gas is expected to rise steadily over the next decade.

article thumbnail

Four Reasons For Europe’s Record-Breaking Drop In Natural Gas Demand

Energy Central

WHAT HAS HAPPENED Natural gas consumption in OECD Europe fell by an estimated 13% in 2022, its steepest decline in absolute terms in history.

article thumbnail

EIA Lastest News – Product Prices & Pipeline News

The Energy Law Blog

Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4%

article thumbnail

Daily Energy Report

Daily Energy Report

Chart of the Day EOA: EU’s Natural Gas Imports by Source in January 2025 Subscribe now Summary Figure (1) shows EU gas imports by source. Norway is the largest exporter of gas to the EU at 31.8%, followed by Russia at 18.9%, the US at 18.2%, and Qatar at 14.9%. bcm, followed by Spain (2.2 were LNG imports.

BCM 52
article thumbnail

Oil spikes as US hikes sanctions on Russia & more

Oilholics Synonymous Report

Away from the oil market, yours truly also discussed Central Europe's natural gas conundrum following Ukraine's new year's eve decision to end Russian energy transit via its territory on CGTN earlier this month. Full interview clip here ).

Oil 130