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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Bcf/d and from Algeria by 0.2 An average of 49.0

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EIA: US LNG exports grew to record highs in the first half of 2021

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US exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. billion cubic feet per day (Bcf/d).

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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Map of 48 major shale gas basins in 32 countries. Initial assessments of 48 shale gas basins containing almost 70 shale gas formations in 32 countries suggest that shale gas resources, which have recently provided a major boost to US natural gas production, are also available in other world regions. Source: EIA.

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UNEP: export of used cars to developing world creating significant environmental problems

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The fast-growing global vehicle fleet is a major contributor to air pollution and climate change; globally, the transport sector is responsible for nearly a quarter of energy-related global greenhouse gas emissions. Last month, the Economic Community of West African States (ECOWAS) set cleaner fuels and vehicle standards from January 2021.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Opinion: How Much Longer Can OPEC Hold Out?

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Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. The current oil price levels are nowhere near this. Venezuela’s Woes. Iraq’s Issues.