Azerbaijan faces revenue cuts as gas exports to Turkey halted
May 28, 2021 1:30:pm
Summary In spite of the warm political ties between the two states, Ankara appears in no great hurry to renew the contract, believing it holds the upper hand.
by: David O’Byrne
Azerbaijan faces revenue cuts as gas exports to Turkey halted
A contract for gas exports from Azerbaijan to Turkey has quietly expired, leaving Baku without the bulk of income from its largest gas consumer while the flow is halted.
BP, which heads the consortium operating Azerbaijan s Shah Deniz gas field from which the gas is produced and sold to Turkey, confirmed to Eurasianet that flow halted on April 17 after the contract expired, but that talks on renewal have been going on for some time, and are continuing.”
China’s focus on self-sufficiency will not hold back LNG demand [Gas in Transition]
May 4, 2021 5:15:am
Summary The focus of China’s 14th Five-Year Plan is self sufficiency with an implied short-term increase in coal use and a major effort to boost domestic gas production, alongside rapidly expanding renewables and nuclear capacity in electricity generation. Yet even as gas imports along the new Power of Siberia ramp up, China’s demand for LNG is expected to grow fast. Projections of 80-110bn m3/year by 2025 could well prove low, given LNG’s flexibility in meeting demand variations, possible shortfalls in targeted domestic gas output and gradual liberalisation of the gas market. [Gas in Transition, Volume 1, Issue 1]
Analysis | Can Central Asian gas exporters rely on China?
Apr 26, 2021 7:30:pm
Summary China hopes to reduce energy imports and cut emissions, raising questions about the need for additional gas from Central Asia.
by: Rebeka Foley, Eurasianet
Analysis | Can Central Asian gas exporters rely on China?
Central Asia’s natural gas producers have only one eager buyer: China. And though China has a growing appetite, it has signaled intentions to source more energy domestically. What does this mean for Kazakhstan, Turkmenistan and Uzbekistan?
A little over a decade ago, China produced enough gas to meet its own demands. These days, it imports about 42 percent of its needs. Central Asia supplies about a third of China’s total gas imports and 15 percent of demand. The rest travels through pipelines from Myanmar (3 percent of total imports) and Russia (3 percent of imports and rising) – or by sea as liquified natural gas, which accounts for over two-th