Gas sector faces unpredictable year: Wood Mackenzie
Coronavirus, sustained low oil prices, and LNG oversupply weigh on the gas sector this year, Wood Mackenzie said in its latest short-term gas and LNG outlook report
Gas
‘Global gas flaring value approaches US$24bn a year if priced at European prices’
Ten countries produced 80 per cent of all flared gas, and their forgone revenue from failing to monetise the gas constituted over US$19bn in 2019, according to data and analytics company GlobalData
Reduction in gas flaring benefits producers and environment, says GlobalData
GlobalData has stated that more than 4.6 tcf of natural gas were flared globally in 2019
Eni to restart Egypt’s Damietta LNG plant operations
Supermajor Eni has announced that Egypt’s Damietta LNG plant is expected to resume operations by June following a series of agreements with its partners in Egypt
Saudi Aramco announces regulatory approval of Jafurah gas field
Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province, the largest non-associated gas field in Saudi Arabia
More Articles …
