WHAT ARE THE PROSPECTS FOR LNG AS A FUEL?  Market Drivers / Perspectives / Existing and Planned Infrastructure

LNG as a potential transport fuel, especially in shipping and trucking, is attracting considerable interest. This is mainly a reflection of the price advantage of LNG over oil based fuels, especially in the US where the shale gas revolution has driven gas prices to record lows. In the marine sector, the reinforcement of emissions regulations will force ship-owners to move to less polluting fuels or technology and LNG has a number of advantages over other compliance solutions.

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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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The 2014 Edition of Natural Gas in the World by CEDIGAZ was released on 20 November.

Topics covered by Natural Gas in the World 2014 include :

  • proved natural gas reserves
  • unconventional gas status in the world
  • gross and marketed natural gas production
  • the international gas trade
  • existing and planned underground gas storage facilities in the world
  • natural gas consumption
  • natural gas prices
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    News

    Shippers invest 1.44 bln euros in 11 LNG carriers (12/17/2014)

    Greek shipowners have invested a total of 1.44 billion euros in acquiring 11 LNG carriers so far this year. Shippers have made that investment in anticipation of European Union countries turning to third countries, such as Qatar, for their natural gas supplies ...

    Morocco to launch multi-billion-dollar natural gas project (12/17/2014)

    Morocco says it is planning to launch a multi-billion-dollar project to intensify its search for natural gas. Morocco’s Energy Minister Abdelkader Amara said on Tuesday that the country would spend USD 4.6 billion on infrastructure for the project through the ...

    ExxonMobil begins $276 million drilling program at Australian gas project (12/17/2014)

    ExxonMobil has begun a A$335 million ($276 million) drilling campaign at its Turrum field in the Bass Strait, aimed at unlocking additional gas supplies for eastern Australia. The field is part of the $4.5 billion Kipper Tuna Turrum project, the largest oil and ...

    Study to consider proposed South Africa-Mozambique gas pipeline (12/17/2014)

    South African-based SacOil said it has signed a joint development agreement (JDA) with the Mozambican government's Institute for the Management of State Holdings (IGEPE) to “ evaluate the technical and commercial feasibility of a trans-national terrestrial gas ...

    Three-year contract on Russian natural gas deliveries to Belarus signed (12/17/2014)

    A contract has been signed to determine the terms of Russian natural gas deliveries to Belarus for the next three years. Details of the contract have yet to be specified. Earlier First Vice Prime Minister of Belarus Vladimir Semashko said that the document they ...

    CEDIGAZ Info

    RELEASED: NATURAL GAS IN THE WORLD - 2014 EDITION (November, 2014)

    In 2013, growth in worldwide gas demand decelerated, up by only 1% versus 2.4% in 2012. This is less than the 3% growth achieved by coal ...

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    CEDIGAZ INSIGHTS: Japan's new energy policy (November, 2014)

    Japan’s energy policy is undergoing fundamental changes. The accident at TEPCO’s Fukushima Daiichi nuclear ...

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    NEW REPORT: LNG in Transportation 2015-2035 (September, 2014)

    LNG as a potential transport fuel, especially in shipping and trucking, is attracting considerable interest. ...

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    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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