WHAT HAPPENED TO THE EUROPEAN GAS DEMAND ? WILL IT RECOVER (AND WHEN)?

Despite its many assets, a confluence of factors – including flat electricity demand, rising use of renewable energy sources, falling wholesale electricity market prices, high gas prices relative to coal and low CO2 prices – has eroded the competitiveness of natural gas in the EU power sector. The share of natural gas in the EU electricity mix has decreased from 23% in 2010 to 20.5% in 2012.

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UNDERGROUND GAS STORAGE IN THE WORLD 2013
Fifth edition

Since its first publication in 1990, "Underground Gas Storage in the World" has been the industry's reference on underground gas storage (UGS). The updated 2013 edition includes in-depth CEDIGAZ's analyses of the latest developments and trends in the storage industry all over the world as well as extensive country analyses.

> 48 countries surveyed, 688 existing UGS facilities, 256 projects under construction or planned.
> 346 pages, 70 tables, 72 charts & figures, 44 country maps.
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Independant Source of Fundamental Gas Data Since 1961

  • Gas Market Analysis
  • Databases
  • News Reports
  • Reference Thematic Studies

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Survey of gas year 2012 with extensive statistical datasets
The 2013 Edition of Natural Gas in the World by CEDIGAZ was released on 28 November (170 p.)
    Key findings:
  • Natural gas proved reserves remained stable
  • Natural gas production growth slowed down
  • International gas trade weakened
  • Natural gas consumption was pulled by emerging markets, especially Asia
  • Regional gas prices differentials persisted
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News

China completes third West-East Gas Pipeline (08/29/2014)

CNPC announced completion of third West-to-East natural gas pipeline recently. The pipeline is expected to come on stream in 2015, with an annual transport capacity of 30 billion cubic meters , Xinhua reported citing a company statement. The 7,378 km pipeline ...

Drilling furiously: Chinese energy giants turn upbeat on shale gas (08/29/2014)

Sinopec Corp and PetroChina have upgraded their outlook on the country's shale gas industry, citing steadily declining costs, but stopped short of predicting a near-term boom. China, estimated to hold the world's largest technically recoverable shale resources, ...

Moldovan, Romanian PMs inaugurate gas pipeline linking two countries (08/29/2014)

Moldova's Prime Minister Iurie Leanca and his visiting Romanian counterpart Victor Ponta recently inaugurated the first natural gas pipeline that links Moldova to energy resources of the European Union. According to news reaching from Moldova, the two prime ministers ...

YPF, Petronas sign $550 million Vaca Muerta shale accord (08/29/2014)

YPF SA and Petroliam Nasional Bhd., state-controlled companies from Argentina and Malaysia, signed a $550 million accord to develop shale oil at the world’s fourth-largest deposit in Vaca Muerta. Miguel Galuccio and Shamsul Azhar Abbas, chief executive officers for ...

Canacol Energy reports dry gas find in Colombia' s Magdalena basin (08/28/2014)

Canacol Energy Ltd. (Canacol) reported that the first well of its three well gas exploration program, Palmer 1, has tested 15.5 MMscfpd (2,730 boepd) of dry gas . Canacol holds a 100% operated interest in the Esperanza Exploration and Production contract via its ...

CEDIGAZ Info

NEW REPORT: Gas Coal Competition in The EU Power Sector (June, 2014)

Despite its many assets, a confluence of factors – including flat ...

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RELEASED: Cedigaz First Estimates (May, 2014)

Global natural gas activity showed very mixed results in 2013:
· Natural gas consumption only rose by 1.3%, down from an average growth of 2.8% per year in the ...

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RELEASED: NATURAL GAS IN THE WORLD - 2013 EDITION (November, 2013)

Global natural gas reserves remained stable in 2012 at 199 857 bcm - Natural gas production grew at a slower pace than the year before, gross production increased by 1.8% and ...

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RELEASED: Revised Estimates (August, 2013)

Cedigaz' Revised estimates 2012 and Reserves Estimates - Excel format Complete statistics for 2012 - Production and consumption balances, trade movements by LNG and ...

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RELEASED: Underground Gas Storage in th World 2013 (July, 2013)

The updated 2013 edition includes in-depth CEDIGAZ's analyses of the latest developments and trends in the storage industry all over the world as well as extensive country ...

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