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European gas storage in a global market [Gas in Transition]

European gas storage in a global market [Gas in Transition]
Jun 14, 2021 7:35:am
Summary
April was a shoulder month like almost no other: a collision of many factors, outside Europe’s control, could leave the continent under-stocked by the next heating season. [Gas in Transition, Volume 1, Issue 2]
by: William Powell
Withdrawals from Europe’s gas storage facilities were continuing well into May, more than a month after the injection period would have started in a typical year. This has raised questions about the continent’s state of readiness for next winter and the prospect of higher prices for delivery after October. ....

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Novatek taps Fortum to lower Scope 2 emissions

The Russian gas exporter will buy renewable energy for its LNG plant in northwest Russia. ....

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Analysis | Can Central Asian gas exporters rely on China?

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 ....

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Gazprom Exports Less to Europe in Feb

Gazprom Exports Less to Europe in Feb
Mar 2, 2021 12:55:pm
Summary
by: Thierry Bros
Russian gas exporter Gazprom saw a big drop in its February exports to the European Union, with flows down 14.3% on January. This can be explained by extended lock-down restrictions in Europe and additional LNG.
Ukrainian transit was the one that took the hit again (-52.7% vs last month). The transit deal signed December 29, 2019 between Gazprom and Naftogaz provides for 40bn m³ transit volumes for 2021. As the 40bn m³ should be on a uniform flow of 110mn m³/d, any lower historical flow cannot be mitigated by higher contracted flows. For higher flows, Gazprom need. ....

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