The chancellor of Germany claims to be moving quickly to discover alternatives to Russian gas.

As pressure increases on his government to find solutions to address an impending crisis, the German chancellor, Olaf Scholz, has said he is working as quickly as he can to free Germany from its dependence on Russian gas and pursue other energy suppliers.

On the first day of a three-day...

Why is there a gas issue in Australia?

At a press conference 20 years ago, former prime minister John Howard unveiled the 25-year contract to provide China with liquefied natural gas valued at up to $25 billion from the North West Shelf, which he claimed to be Australia's largest single export agreement in history.

Howar...

No EU-related miracle drug

The energy-starved Europe can receive more gas from Algeria, Egypt, and Israel, but this will only reduce its reliance on Russian imports to a certain extent.

It is important to recognise the importance of North Africa in the commerce of natural gas. North Africa had a key role in revol...

Natural gas from the United States is in high demand in Europe. This could raise prices in the United States

The unexpected need for an alternative to Russian energy in Europe is causing a boom in the United States, which is the world's second-largest supplier of liquefied natural gas. However, it may pose new issues like Jackie Johnson, whose side business producing Black Angus cattle just become a...

Germany seeks alternatives to Russian gas from Qatar and the United Arab Emirates

German Economy Minister Robert Habeck has stated that he will discuss liquefied natural gas (LNG) supplies during a trip to Qatar and the United Arab Emirates to achieve a hydrogen contract, which would reduce Germany's reliance on Russia for gas.

According to data from the Economy ...

Thailand's energy sector has been hit by Myanmar sanctions and lower output

Liquefied natural gas prices are skyrocketing due to a worldwide energy shortage, but Thailand has to increase its imports to offset a dramatic drop in output at its main gas field and as sanctions threaten Myanmar's supply.

At a time when European demand is soaring, the Southeast A...

Asia, a Perfect Beneficiary in the Russia-Ukraine Fallout

Analysts are saying that if Russia carries an invasion over Ukraine and sets off sanctions and retaliations from the West, it is expected that Asia would be facing an escalation in the prices of oil, gas and coal.

If the energy exports of Russia are diverted from Europe to the east, Asi...

Australian LNG Sector Finding Opportunity in EU’s Green Energy

The Liquefied natural gas industry of Australia is demanding more land to be opened up for exploration after the European Union issued a proposal that calls some forms of fossil fuel to be sources of green energy.

The European Union is very strict when it comes to the matter of environm...

U.S. Ships LNG to Europe

The United States is shipping at least 30 tankers of liquefied natural gas to Europe where the energy crisis has caused prices to skyrocket. The shortage of oil and gas supply in the region has been so severe that the demand has increased prices 14 times more than that in the United States.

Power Fail at Shell’s Giant LNG Vessel

The only offshore LNG plant of Australia had to evacuate 150 workers when the power failed on its 24-billion-dollar Prelude gas vessel. Shell had to use helicopters and ships for rescue purposes. 475 kilometers from Broome, Western Australia, the giant Prelude floating vessel saw repeated power f...

15 JAPANESE FIRMS FORM AN ALLIANCE TO PROMOTE CARBON-NEUTRAL LNG

Highlights –

• 15 Japanese firms form an alliance to promote carbon-neutral LNG.
• Tokyo Gas Co. and Isuzu Motors Ltd. are among the companies that have joined the alliance.
• Japan aims to reduce its carbon dioxide emissions to net zero by...

SHELL’S INDIAN UNIT STARTING RETAIL SALES OF LNG SOON

HIGHLIGHTS

• Very soon, Shell’s Indian Unit is going start the retail sales of LNG.
• Shell is planning to forge partnerships with many other entities and holders of LNG capacity to increase its reach.

Very soon, the India unit of ...

TOKYO GAS CO. AND PHILIPPINES FIRST GEN CORP. TO JOIN IN BUILDING LIQUEFIED NATURAL GAS

Highlights –

• Tokyo Gas Co. and Philippines First Gen Corp. to join in building liquefied natural gas.
• Both the companies plan to launch the construction work in the second half of 2022.
• Tokyo Gas Co. is planning to take on 20 percent ...

All Is Not Well for Qatar’s Gas Production Expansion!

According to Reuters, Qatar has put on hold the process, for choosing western partners for installing the world’s largest liquefied natural [LNG] gas extraction project, by several months.

With the US increasing its production of LNG, it has put a surplus supply of gas in the mark...

An additional budget of $423 million received by Japan industry for reinforcing resource policy

45.9bn yen have been secured by the industry ministry of Japan which is equivalent to $423M in the country’s additional budget for the existing financial year as it looks for ways of strengthening its resource policy, as well as, securing supplies of major commodities.

The initiat...

Japan's Ministry of Industry has an extra budget of 45.9b yen to improve energy management

Japan's Ministry of Industry has secured 45.9 billion yen (568.9 million dollars) in the country's supplemental budget for the current fiscal year as it aims to improve its energy management and protect key commodity suppliers.

The move comes as resource-poor Japan faces a risin...

FIRST GEN Corp. spent $300 million for the construction of an import terminal for LNG

FIRST GEN Corp. placed capital spending on its proposed floating storage regasification unit (FSRU) at $300 million or a fraction of its budget for the construction of an import terminal for liquefied natural gas (LNG), its president said.

Ang] benefit lang is our $1.3 ...

The new entry to the gas energy markets

French energy giant Total on Monday announced the acquisition of a 37.4 percent stake in Gautam Adani-led Adani Gas and marked their entry to the Indian market.

The gas marketing and distribution company did not reveal the value of the deal which also is not speculated so we can’t...