SCO & BRICS latest news and insights
By Rhod Mackenzie
There is no longer any uncertainty regarding the future of the Ukrainian gas transportation system (GTS) after 2024, when the current five-year transit contract expires. It is unlikely that the contract will be renewed. However, this does not mean that transit will cease entirely...
By Rhod Mackenzie
European natural gas futures fell to €31.5/MWh on Friday 19 April 2024, after rising to €33.8. Investors are closely monitoring the situation in the Middle East. Iran does not seem to attach much importance to Israeli retaliatory attacks and the risks of an immediate response hav...
In February 2024, Gazprom became the largest supplier of pipeline gas to China, surpassing the long-time leader Turkmenistan for the first time. This was reported by the General Administration of Customs of the People's Republic of China.
At the same time, in terms of the amount of pipeline gas and...
Russian LNG exports rose by 4.3% YoY to 8.7 million tons in January-March. However, March saw a 1% decline to 2.86 million tons. Russian suppliers were unable to increase supplies to the Asian market, where a significant increase in imports was observed in March due to lower world gas prices. Analys...
The demand for helium is much lower than that of methane, which is the primary component of natural gas. Helium supplies are measured in millions, not billions of cubic meters. However, the market for this scarce gas is also experiencing significant changes, with the same players involved, including...
The extension of Europe's Emissions Trading Scheme (ETS) to shipping from this year means that gas carriers delivering liquefied natural gas (LNG) to Europe will also have to pay a carbon tax. This could lead to very big changes in the global LNG market, warns Oil Price.
The Cross-Border Carbon Off...
