Natural Gas

India Moves to Modernize, Expand Gas Pipeline Network

Indian government says that it foresees an increase in the share of natural gas in the country’s energy mix – from 6% in 2021 to 15% by 2025. A total of $60 billion of new investment planned in the country’s natural gas infrastructure by 2024, with most of that coming from the private sector.

Austria Returns to Coal After Russia Halves Gas Deliveries

Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restricted gas supplies from Russia result in an energy emergency.

Ukraine to Tap 109 MMcm/d of Spare Gas Capacity to Offset Nord Stream 1 Flows

Ukraine has around 109 million cubic meters a day (MMcm/d) of spare gas capacity through a transit route to Europe which could be used to offset lower flows through the Nord Stream 1 pipeline, Ukraine's gas transmission operator said on Monday.

ConocoPhillips Earns Stake in Qatar’s $30 Billion LNG Expansion Project

ConocoPhillips has signed a deal with QatarEnergy on Monday for a 3.12% stake in the North Field East expansion project, the world's largest LNG project, following agreements with TotalEnergies and Eni.

Argentina Contracts Tenaris for 350-Mile Pipeline Project to Move Gas from Vaca Muerta

Energia Argentina has signed a contract with Tenaris to complete the 563-km (350-mile) Presidente Nestor Kirchner Gas Pipeline, which will transfer natural gas from the Vaca Muerta shale formation and allow Argentina to forgo costly LNG imports.

Sources: Tug Hill Explores Sale of Natural Gas Producer THQ Appalachia, Pipeline Firm XcL Midstream

Tug Hill and Quantum Energy are exploring a sale of U.S. natural gas producer THQ Appalachia I LLC and XcL Midstream, a pipeline firm that moves THQ's gas to market in a deal that could fetch more than $5 billion, sources told Reuters on Friday.

Lebanon, Egypt to Finalize Gas Import Deal on June 21

Lebanon will sign a "final" agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon's stricken economy.

Qatar Advances Talks with China Over Investment in Gas Field Expansion Project

China's national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest LNG project and buy the fuel under long-term contracts, Reuters reported on Friday.

Targa Resources to Acquire Permian Gas Gathering, Processing Assets in $3.55 Billion Deal

Targa Resources has agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, a deal that includes a portfolio of about 1,050 miles of natural gas pipelines in the Delaware Basin.

Italgas Plans to Invest $4.7 Billion to Upgrade Gas Pipeline Network in Italy

Italgas plans to invest $4.7 billion to 2028 to complete the upgrade of its domestic Italian network, which includes 74,000 km (46,000 miles) of regulated gas pipelines, the company said on Wednesday.

Gazprom Cuts Gas Exports to Italy by 15% Following Nord Stream Pipeline Disruptions

Russia's Gazprom cut its gas exports to Italy by around 15% on Wednesday, Italian energy firm Eni said, a move that comes as the Russian group is also curbing its gas supplies via the Nord Stream 1 pipeline, blaming Western sanctions for disrupting repair works it needs to do on the network.

Aemetis Completes 20 Miles of California RNG Pipeline, Gets OK for Final Stage of Construction

Aemetis Inc. has completed 20 miles of renewable natural gas (RNG) pipeline and received approval for construction of an additional 19 miles in Merced County, California, with project completion set for the fourth quarter of 2022.

EU, Israel and Egypt Ink Framework Deal to Boost East Med Gas Exports to Europe

Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports.

Natural Gas Companies Look to Hydrogen to Extend Life of US Pipelines

Natural gas companies plan to use hydrogen and renewable natural gas made from landfills or agricultural waste to extend the life of existing pipelines in a future carbon-free world, energy executives said at the Reuters Global Energy Transition conference on Tuesday.

West Africa Wants Eni to Start Production at Newly Discovered Field to Meet Gas Demand

Ivory Coast wants Italy's Eni to bring its recently discovered offshore field to full production earlier than a planned 2026 timeline to meet local and regional gas demand, its mines and petroleum minister said on Tuesday.

Southwestern Energy, Uniper Ink Supply Agreement for Responsibly Sourced Gas

Gas producer Southwestern Energy Co. has signed a multiyear, certified Responsibly Sourced Gas sales agreement with Uniper, one of Germany’s largest publicly listed energy supply companies.

Nord Stream Gas Capacity to Europe Constrained by Repair Delays

The capacity of Gazprom's Nord Stream 1 pipeline to supply gas to Europe is partly constrained as sanctions make it impossible for equipment supplier Siemens Energy to return a turbine being maintained in Canada, the companies said.

DNV Confirms Feasibility and Maturity of EastMed Gas Pipeline

DNV has issued confirmation of the feasibility statement of the EastMed gas pipeline, a 2,000-km (1,242-mile) long onshore and offshore natural gas conduit project meant to connect offshore gas reserves from the Levantine Basin to Greece and further to southeastern European countries.

Poland to Auction Capacity on Gas Links with Denmark, Slovakia, Lithuania

Poland's state-owned gas pipeline operator Gaz-System will next month auction capacity to ship the fuel via new interconnections with Denmark, Slovakia and Lithuania.

Mexico’s President Pledges New Gas Pipeline, Liquefaction Plant in Oaxaca

Mexican President Andres Manuel Lopez Obrador has pledged to see through the completion of a gas liquefaction facility in Oaxaca as well as a new pipeline to serve the facility, committing an investment of $6 billion.

PG&E Commissions New Renewable Natural Gas Pipeline in California

Pacific Gas and Electric Company (PG&E) has partnered with Aemetis Inc. to officially commission the interconnection of a new renewable natural gas facility in Keyes, California.

Matador Resources Acquires Permian Pipeline, Gathering System in $75 Million Deal

Matador Resources Co. has agreed to acquire Summit Midstream's gathering and processing system in the Permian Basin for $75 million, which includes roughly 45 miles of natural gas gathering pipelines.

Dutch Government Reluctant to Boost Production from Groningen Gas Field

Tapping the Groningen gas field, which is being wound down due to a series of earthquakes, should be a "last resort", a Dutch minister said on Tuesday, after a government advisory body suggested using the field to help fill gas stores.

EU Exploring Deal to Boost Natural Gas Imports from Israel, Egypt

The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document dated June 7.

US Natural Gas Futures Drop 5% on Explosion at Texas Freeport LNG Plant

U.S. natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport LNG export plant in Texas and early midday forecasts calling for less heat and demand over the next two weeks than previously expected.

US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute

A U.S. mediator will visit Beirut next week to discuss a dispute over a maritime border with Israel, Lebanese Parliament Speaker Nabih Berri said on Tuesday, according to a parliament source and local media.

Closely Watched Exploration Well Off Western Australia Finds No Gas, Oil

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.

Israel Rejects Lebanese Accusation About Gas Field, Says Conflict Unlikely

Israel has denied a Lebanese allegation it is encroaching on a disputed Mediterranean natural gas field, playing down on Monday any prospect of conflict over the dispute.

Argentina Announces Tender to Build New Vaca Muerta Gas Pipeline

Argentina has launched a tender process to build a new 563-km (350-mile) gas pipeline out of its huge Vaca Muerta shale formation that is estimated to cost $1.5 billion and take about 18 months of work to complete.

Bosnian Region Extends Gazprom Gas Deal Until End-2022

Bosnia's major gas importer Energoinvest has extended a deal on gas supplies with Russia's Gazprom until the end of the year under unchanged conditions.