Natural gas news

Shell announced its intention to exit its joint ventures with Russian-owned Gazprom, focusing instead on supporting Ukraine as well as European security.

The company states that growing tensions between Russia and Ukraine put a potential 155 billion m3/y of natural gas imports to Europe at risk.

In its new report, the company looks at whether Europe’s LNG imports would be sufficient in the event of Russian gas pipeline export disruption.

Rystad Energy’s Senior Analyst, Kaushal Ramesh, rounds up this week’s gas and LNG market.

Sempra Infrastructure signed an agreement with Mexico’s Federal Electricity Commission regarding the development projects in Mexico.

The project will provide help to provide energy security for Greece and Southeast Europe.

Natural gas production from the Marcellus and Utica shale plays in the US is forecast to cross the 42 billion ft3/d mark by 2025, according to GlobalData.

The company started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal in Salvador, Bahia, on 8 December.

Rystad Energy’s Senior Gas Markets Analyst, Kaushal Ramesh, discusses gas market price levels, global demand, as well as the uncertainty caused by the new Omicron variant.

Slava Kiryushin, Global Head of Energy at DWF shares his views on the gas crunch that threatens industry in UK, Europe, and other parts of the world.