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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 report, LNG Trade in 2021: Runaway Recovery , finds that the United States, which was the third-largest LNG exporter behind Australia and Qatar for the full year of 2021, is poised to claim the top spot in 2022. Spot LNG prices have soared past previous records. —Michael Stoppard, chief strategist, global gas, IHS Markit.

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Qatar Airways looking to take up to a 10% stake in alcohol-to-jet company Byogy, along with off-take agreement

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Bloomberg reports that Qatar Airways Ltd. In March, Byogy announced a joint venture with Qatar Airways as well as other partnerships including a feedstock agreement with Brazilian sugar cane ethanol producer Itapecuru Bioenergia and fuel off-take terms with Brazil’s Azul Airways. Chris Schroeder, Qatar Airways Senior.

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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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Tesla spikes 12 percent as Musk comments on demand, EV stocks surge

Teslarati

All prices are current as of 2:10 PM on Tuesday. Tesla stock likely jumped based on comments Elon Musk made earlier today at the Qatar Economic Forum hosted by Bloomberg on Tuesday. Despite increasing prices and uncertain supply chain conditions, Tesla has still managed to grow its order sheet and deliveries.

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Shell will not move forward with $12.5B US Gulf Coast GTL project

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Despite the ample supplies of natural gas in the area, Shell said it decided that GTL is not a viable option for it in North America at this time, due to the likely development cost of such a project, uncertainties on long-term oil and gas prices and differentials, and Shell’s strict capital discipline.

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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.