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Qatar- GECF, Senegal to strengthen cooperation

The Peninsula ....

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Qatar- GECF, Senegal commit to strengthen co-operation

(MENAFN - Gulf Times) The Gas Exporting Countries Forum (GECF) and a high-ranking delegation of the gas-rich Republic of Senegal held a virtual meeting to pave the ways for enhanced co-operation. GECF secretary general Yury Sentyurin delivered his opening remarks before Senegal s Minister of Petroleum and Energy Aissatou Sophie Gladima, who led the delegation, and Mamadou Mamoudou Sall, ambassador of Senegal to Qatar.
Although Senegal is not yet a producer of natural gas, it is expected to be a behemoth beginning in 2023 thanks to the development of the Great Tortue project in the north of the country, as well as two lesser known projects in the south. The gas projects currently running in Senegal amount to around 32bn cubic metres (bcm) of gas reserves. ....

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Qatar- GECF joins IEA-IEF-OPEC Symposium on Energy Outlooks

The Peninsula ....

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Which Natural Gas Markets Will Grow, by Sector, from Now to 2050?

The U.S. Energy Information Administration (EIA) recently issued its Annual Energy Outlook for 2021 (see EIA Annual Energy Outlook 2021: COVID Impact at Least 10 More Yrs). Using the "reference case" (the most likely scenario) from that study, analysts at EIA have taken a close look at the growth in natural gas usage from now until 2050. They found natgas usage in two sectors will grow the most over the next 30 years. Those sectors, according to EIA, are industrial plant users and LNG exports. Put another way, these are the future growth areas where drillers will find new (or growing) customers over the next 30 years. When you look at the chart below at the beginning of EIA's latest Today in Energy post, you will see that electric power appears to also be one of the stars of future growth. The reason electric power is not included in the "will grow the most" category is because EIA sees a big crash in demand for natgas in the power sector this year and next, a ....

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Buffett's Cove Point Averages Highest US LNG Export Prices in Dec

The U.S. Dept. of Energy has just released its annual LNG report (full copy below) detailing every single shipment of LNG exported via tanker ship, identifying where it shipped from (which facility), who bought it, which country it sailed to, etc. Among the gems in the report: in December Cove Point LNG, now operated by Warren Buffett's Berkshire Hathaway company, saw the highest prices for LNG exports during the month, averaging $7.11 per MMBtu. Cove Point was also the first LNG export facility to load a ship sailing to Croatia with American LNG. While at one point in mid-2020 LNG exports hit the doldrums due to the pandemic and suppressed worldwide demand (see EIA: Gas Price Avg ....

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