• Natural Gas News

    Natural Gas Daily: May 21st, 2020

Summary

Daily digest of the latest natural gas news and LNG news by Natural Gas World.

by: NGW

Posted in:

Complimentary, Covid-19, Daily Digest

Natural Gas Daily: May 21st, 2020

Nord Stream 2 Loses Court Case over EU Gas Rules: Update

The General Court of the EU said on May 20 it had rejected challenges brought by the Gazprom-owned operators of the Nord Stream 1 and 2 projects against changes that impose EU gas market rules on them.

 

The Big Picture:

  • The ruling comes days German regulators denied Nord Stream 2 a waiver from the rules, which will require Gazprom to cede control of the pipeline, ensure third-party access to its capacity and set transparent tariffs.

 


US Regulator Approves Alaska LNG Project

The US Federal Energy Regulatory Commission (Ferc) has approved Alaska Gasline Development Corp’s (AGDC) proposed 20mn mt/yr Alaska LNG project, it announced.

 

The Big Picture:

 


Strike, AGIG Partner for West Oz Gas Infrastructure Project

Sydney-listed Strike Energy has partnered with gas infrastructure company, Australian Gas Infrastructure Group (AGIG), to build, own and operate the gas plant to process gas from West Erregulla project, it said on May 20 in a statement.

 

The Big Picture:

  • Strike and its partner Warrego discovered the field in the onshore Perth basin in November last year, with Strike hailing it was one of the largest conventional gas finds ever to be made onshore Australia.

 


China's Gas Production Up 14% in April

China's natural gas production in April stood at 16.1bn m3, up 14.3% yr/yr, as per data published by the country’s statistics bureau.

 

The Big Picture:

  • Last year, China's domestic gas production experienced the biggest annual hike in a decade, albeit still below plan.
  • Slowing demand growth and increasing domestic output have dampened gas imports.