[ad_1] During trading on Monday, the gas price in Europe exceeded $ 600 per 1,000 cubic meters or EUR 49.26 per MWh, said London stock exchange ICE. Last week, gas cost about $ 580 per 1,000 cubic meters. However, within a few days, its value dropped by almost $ 100. The reason for this was… Continue reading Gas price in Europe exceeds $ 600
Tag: gas
China’s CNPC to get another 51B cubic meters of Turkmen gas
[ad_1] China National Petroleum Corporation (CNPC) will receive up to 51 billion cubic meters of gas from Turkmenistan in exchange for assistance to increase production at the Galkynysh field, Report informs. CNPC Chuanqing Drilling Engineering Company Limited has won a tender to construct three new wells at a giant gas field according to the international… Continue reading China’s CNPC to get another 51B cubic meters of Turkmen gas
Azerbaijan increases commercial gas production over 11%
[ad_1] In the first half of this year, Azerbaijan produced 20,096,200 tons of crude oil, including gas condensate. According to the State Statistics Committee, 20,058,600 tons of this volume fell to the share of commercial crude oil. During the reporting period, oil production was 2.6% (commodity 2.3%) less than last year. In January-July this year,… Continue reading Azerbaijan increases commercial gas production over 11%
Gas prices in Europe renew records
[ad_1] The gas prices in European markets have surpassed the record $550 level for 1,000 cubic meters. Report informs, citing RIA Novosti, that though the prices for September futures were at $540 at the start of the trading, the figures further rose to $553. The gas prices in spot markets keep rising, too, with the… Continue reading Gas prices in Europe renew records
Production, export of natural gas grows in Turkmenistan
[ad_1] Deputy Prime Minister of Turkmenistan Shahym Abdrahmanov announced the production indicators for the first seven months of 2021 during a meeting of the Cabinet of Ministers, Report informs. From January through July 2021, the Turkmen fuel and energy complex achieved the highest growth rate in gas exports – a 137-percent increase, compared to the… Continue reading Production, export of natural gas grows in Turkmenistan
Azerbaijan produced 20.3 billion cubic meters of gas this year
[ad_1] Azerbaijan extracted 20.3 billion cubic meters of gas in six months of this year, Report informs, citing data from the Ministry of Energy on oil and gas production in the country from January through June of this year. According to the information, the Azeri-Chirag-Guneshli block of fields ensured 6.4 billion cubic meters of gas,… Continue reading Azerbaijan produced 20.3 billion cubic meters of gas this year
TANAP pumps 2.7 billion cubic meters of gas to Turkey
[ad_1] From January through June, Azerbaijan exported 4.7 billion cubic meters of gas to Turkey. Report informs, citing the operative data from the Ministry of Energy on the country’s oil and gas production in January-June of this year, that of this volume, 2.7 billion cubic meters of gas was supplied to Turkey by the Trans-Anatolian… Continue reading TANAP pumps 2.7 billion cubic meters of gas to Turkey
TAP official: Gas market participants do not want to take long-term commitments – EXCLUSIVE
[ad_1] Auctions announced in 2019 for additional gas volumes via the Trans-Adriatic Pipeline (TAP), intended to transport natural gas produced in Azerbaijan to Europe, failed. Murad Heydarov, a member of the Board of Directors of the TAP consortium, told Report. “According to him, these auctions were to be completed in 2020: However, the deadline for… Continue reading TAP official: Gas market participants do not want to take long-term commitments – EXCLUSIVE
Chinese company to complete 3 gas wells in Turkmenistan
[ad_1] Turkmengas State Concern will sign a contract with China’s CNPC Chuanqing Drilling Engineering Company Limited (CCDC) to complete the construction of three gas wells of special complexity at Turkmenistan’s Galkynysh field. Report informs that the construction of these wells was previously started by Gulf Oil & Gas FZE (UAE) specialists but not fully completed.… Continue reading Chinese company to complete 3 gas wells in Turkmenistan
How much gas did Azerbaijan export in 1H21?
[ad_1] In the first half of 2021, Azerbaijan exported 10.379 billion cubic meters of natural gas, Report informs, citing the State Customs Committee. Azerbaijan earned $1.586 billion from exporting gas. In 1H2021, Azerbaijan supplied 6.293 billion cubic meters of gas to Turkey for $880.7 million and 1.99 billion cubic meters of gas to Georgia for… Continue reading How much gas did Azerbaijan export in 1H21?