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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

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In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. In January 2022, the United States supplied more than half of all LNG imports into Europe for the month. Supply challenges in the European market have led to rising regional prices for natural gas.

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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Spot LNG prices have soared past previous records.

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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

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to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. Based on current assumptions, including those around future pricing of commodities and the future values of certain environmental benefits, Gevo estimates that the agreement should generate approximately $2.8

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The project will produce 37,610 barrels per day (bbl/d) of GTL diesel, GTL kerosene, GTL naphtha and LPG using natural gas supplied by Uzbekneftegaz from the Shurtan fields. The technology used is similar to that of the pioneering ORYX GTL plant in Qatar. The majority of production will be GTL diesel and GTL kerosene. Click to enlarge.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Coal’s market share of 30.3% The report also highlighted supply disruptions as one of the major energy events of the year. These shocks pushed energy prices higher in much of the world, with oil prices reaching a record annual average of more than $100 per barrel (bbl) for the first time. was the highest since 1969.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. We are delighted to be partnering with the CCC to open this new market. Until green hydrogen becomes price competitive, it cannot fulfil its promise. However, the cost is one very large fly in the ointment.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). Russia supplied about 30 percent (146.6 percent of GDP in 2014. mmbbl/day) in 2013.

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