Natural Gas & LNG News • 2 hours Ago
India's Gas Output in April Drops 19%
State-run ONGC, country's biggest producer, saw a sharp drop in production.
The growth rate of imports has slowed down significantly due to Covid-19 outbreak.
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Success with the drill-bit and a predictably high gas price should see further growth this year and next.
Appalachian Basin producers may be at an advantage as the US energy industry reels from the impact of the Covid-19 pandemic. [NGW Magazine Volume 5, Issue 9]
Profit was down due to net impairment on assets and lower average realised product prices.
Cheap gas has incentivised traders to stock up supplies, and led to gas displacing coal in the power sector.
The Middle Eastern state is failing to plug holes in its budget with gas, as US sanctions hit upstream and other suppliers beat it to gas markets. [NGW Magazine Volume 5, Issue 9]
The Canadian Gas Dialogues conference is designed to bring together the spectrum of stakeholders in the natural gas community for how we can collectively move forward the position of the industry.
The IGU World LNG Report 2020 is now available for download. This year's report is sponsored by Royal Dutch Shell, KOGAS and Rystad Energy.
