Algeria is seeking to increase gas exports to Asian markets, but with domestic demand rising and new projects stalled, significant new supplies will be needed in the medium term to achieve this goal, says GlobalData, a data and analytics company
Gas
‘Predictive maintenance gains significance in oil and gas industry’
The importance of predictive maintenance has increased in oil and gas operations against the backdrop of ageing infrastructure and volatile crude pricing, according to data and analytics company GlobalData
Global gas consumption grew at fastest rate since recovery from financial crisis
Global gas consumption is estimated to have increased by 4.7 per cent to 3850 bcm, its fastest growth since 2010, when demand rebounded after the financial crisis, according to the International Information Centre on Natural Gas (Cedigaz)
Booming LNG faces major swings in supply-demand balance
The global LNG market is set to see major swings between excess demand and excess supply over the next five years
LNG demand spurs across the globe
The global trade in liquefied natural gas (LNG) is spurring a second natural gas revolution, underpinning the shift towards a more flexible, resilient and interconnected global gas market, according to the International Energy Agency (IEA)