Coronavirus impact could slash China’s gas demand by up to 14 Bcm
China’s coronavirus health crisis has slashed the country’s gas demand by 2 billion cubic metres (Bcm) by the end of… “LNG will bear the brunt of this reduction in domestic gas demand,” analysts...
View ArticleNNPC gets $1 million grant to develop 1,350 MW power plant in Abuja
Nigerian National Petroleum Corporation (NNPC) has secured a grant worth nearly $1.1 million from the US Trade and Development Agency… The USTDA-funded feasibility study will evaluate the Abuja CCGT...
View ArticleNFE to supply LNG cargoes from Miami to Puerto Rican power unit
New Fortress Energy (NFE) has signed an LNG supply deal for eight cargoes a year from its liquefaction units in… “This agreement will support the continued growth of New Fortress’ customer base in...
View ArticleGas industry wants capacity market as Germany exits nuclear and coal
As Germany exits both nuclear and coal generation simultaneously over the next few years, more flexible gas-fired generating capacity and… Uniper’s CEO Andreas Schierenbeck said Germany needs a...
View ArticleThailand plans to quadruple LNG imports to boost electrification levels
Thailand’s latest Power Development Plan aims for natural gas to provide over 53 percent of the country’s energy by 2037,… Deregulating the gas market, with Thailand’s Energy Regulatory Commission...
View ArticleGermany seeks hydrogen export deal with West African states
The German government is striving to set up a production and import chain for renewable hydrogen from West African countries,… "Green hydrogen is tomorrow's oil and offers huge opportunities," research...
View ArticleWärtsilä to help power Jamuna Industrial Park in Bangladesh
Jamuna Group, one of Bangladesh’s largest industrial conglomerates, has placed an order with Wärtsilä to supply and install a 78… The industrial park is currently operating on electricity from the...
View ArticleVaregro installs first ever Cummins gas generator in a greenhouse
Belgium-based greenhouse growing company Varegro has chosen to install a Cummins HSK78G gas generator to power its facility in Oostrozebeke,… Varegro has chosen to install an onsite generator to have a...
View Article‘Film cooling’ tech allows for further rise in combustion temperatures
Turbine inlet temperatures already exceed the melting points of turbine blade materials in modern facilities but researchers have come up… “During film cooling, cool air is bled from the compressor...
View ArticleAustralian PM singles out natural gas as ‘only credible transition route’
Scott Morrison, the Australian Prime Minister, has singled out natural gas as the “only credible route for pursuing an energy… The Narrabri coal seam gas project spans around 95,000 hectares in the...
View ArticleGazprom agrees gas pricing protocol with Belarus
Alexey Miller, CEO of Gazprom, and the Government of Belarus have agreed on the pricing of Russian gas deliveries until… Beltransgaz, now renamed Gazprom Transgaz Belarus, needs to renegotiate terms of...
View ArticleHenry Hub spot prices, NYMEX futures fall to record lows in February
Warm weather and plentiful dry gas production has pushed down the daily spot price at the U.S. benchmark Henry Hub… This futures price was the lowest February closing price for the near-month contract...
View ArticleMarubeni, ADPower co-develop 2.4 GW Fujairah IPP by summer 2022
Japan-based Marubeni, together with Engie of France, have formed a consortium with Abu Dhabi Power Corp (ADPower) to develop the… Once fully up and running, the 2,400 MW combined-cycle gas power plant...
View ArticleGerman coal exit comes “too late” to meet 2030 climate goals
Germany must exit coal-fired power generation much faster than planned to comply with the Paris Climate Agreement, the German Institute… If enacted early, the complete coal-to-gas and a faster...
View ArticleJKM-TTF gas price spread may turn negative this summer
Pressure keeps piling up on the Northeast Asian LNG market as the coronavirus outbreak destroys demand. The Japan-Korea-Marker (JKM) for… For Qatari spot supply it is more attractive to head rather to...
View ArticleSaudi Arabia plans to “soon” start exporting gas and petrochemicals
Saudi Arabia, the world’s largest crude oil exporter, is gearing up to selling also natural gas and petrochemicals to global… "Soon you will hear about the ability of the kingdom to be a gas exporter...
View ArticleNew Fortress to fuel and develop 300 MW power plant in Nicaragua
New Fortress Energy (NFE), the owner of gas liquefaction facilities in Florida, has agreed to supply LNG to Nicaragua as… New Fortress pointed out the project will be “funded with cash on hand and...
View ArticleSiemens to supply six turbines for peakload power plant in Belarus
Belarus’ state-run energy provider RUE Minskenergo has contracted Siemens to supply six SGT-800 industrial gas turbines and related equipment for… The six SGT-800 industrial gas turbines, like the five...
View ArticleBattery energy storage to see dazzling 47.6% growth
Global market for battery energy storage is seen surge at a dazzling rate of 46.7 percent to reach $111.34 million… High capital investment required for the deployment of energy storage systems,...
View ArticlePeak power tariff attractive for LNG-fuelled plants in the Philippines
Fast economic growth and insufficient power gen capacity makes the Philippines a prime market. For small scale LNG-to-Power projects, MAN… With cheap LNG available practically anywhere with access to...
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