Higher development costs are making long-term contracts, buyer support, stable financing and timely investment decisions increasingly important for future LNG supply growth, GECF energy economics analyst Galia Fazelianova tells Petroleum Economist.
The industry is entering a higher-cost era, with future supply increasingly dependent on more complex, capital-intensive and geographically challenging projects, GECF energy economics analyst Galia Fazelianova tells Petroleum Economist
The Central Asian country argues additional pipeline imports are Europe’s energy solution as the EU eliminates remaining Russian gas, global LNG supplies remain tight and power demand rises
As Europe’s energy security deteriorates, the decommissioning of Groningen—still holding 550bcm of remaining reserves—could prove a costly mistake
Critics of new requirement that east coast LNG producers supply 20% of their volumes to the domestic market say the policy will worsen shortages it is intended to prevent
Argentina’s national energy champion is entering the most transformative phase in its modern history as it accelerates its shift from domestic supplier to globally competitive shale and LNG exporter
The continent’s vast natural resources could lift its share of global supply to 9%, but delays to a handful of large, capital-intensive LNG and offshore projects risk slowing the pace of expansion
Gas association says $11.6t should be invested in upstream through 2055, with conventional projects in the Middle East, Eurasia and Africa driving supply growth to meet rising demand
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
The latest gas discovery adds momentum to Eni’s push in Indonesia’s Kutei Basin, as it presses ahead with its fast-track development model aided by collaboration with Petronas
The US has used booming shale production to massively expand its LNG infrastructure, but Canadian developments have not fare so well while in South America consumption outstrips production
The EU is still weaning itself off Russian gas, but the expansion of its import infrastructure has slowed while Russia and Kazakhstan push ahead with expanding production
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
The continent is home to mega-scale projects on both its east and west coasts as its growing economies see rising demand for gas
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
