Contents tagged with LNG

  • For the first time Europe buying as much LNG as Russian gas

    European countries have been buying more and more liquefied natural gas (LNG). At the end of January, LNG imports had reached 10 billion cubic meters (bcm), and for the first time in history were equal to the amount received from Russia’s Gazprom, according to the monthly monitoring by the Skolkovo School in Moscow.

    One year ago, Russian natural gas accounted for twice as much as its liquefied counterpart. In January 2019, Gazprom sold 15 bcm, whereas only 7.7 bcm of gas reached the market as …

  • Russia abandons plans to catch up to US’s LNG production

    The Russian Energy Ministry has dramatically lowered its prediction of the country’s future liquefied natural gas (LNG) production, according to the Energy Strategy 2035, extracts of which were cited by Interfax.

    In autumn, Russian Energy Minister Alexander Novak and Novatek co-owner Leonid Mikhelson said that in the next 16 years Russia could be producing up to 140 million tons of LNG per year. In October, the Energy Ministry set a target of 100 million tons by 2035 in its energy strategy. …

  • Ship with American liquefied gas for Ukraine arrives in Poland

    A ship carrying liquefied natural gas (LNG) from the US and destined for Ukraine arrived at the Polish LNG terminal in Świnoujście on November 19, the US Embassy in Kyiv announced.

    “U.S. liquefied gas (LNG) is coming to Ukraine! Another step in helping Ukraine achieve energy independence, a ship carrying the LNG destined for Ukraine arrived yesterday at the Świnoujście, Poland LNG landing terminal in the Baltic Sea,” the embassy wrote on Twitter.

    Ukraine signed an agreement in August with the …

  • Poland to sell Ukraine American liquefied natural gas

    By the end of 2019, the Polish company PGNiG intends to start supplying Ukraine with natural gas obtained from the regasification of liquefied natural gas (LNG) shipped to Poland from the US. This will be a “real breakthrough” in the creation of a “transatlantic gas supply corridor from the US to Ukraine,” said Dale Perry, president of the company Energy Resources of Ukraine (ERU).

    According to Yaroslav Mudriy, director of ERU Trading, the gas bought from PGNiG will be kept in underground …