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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. million barrels per day (bpd), in 2023 to 540 million tons, or 10.8 million barrels per day (bpd), in 2023 to 540 million tons, or 10.8

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US Overtakes Russia as EU No2 Gas Source

Rigzone

Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported. Bcm, followed by Russia at 14 percent or 9.7

BCM 108
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EU Commission Launches Matchmaking Platform for Energy, Materials Sourcing

Rigzone

The online platform allows EU buyers to offer demand for biomethane, natural gas, hydrogen and raw materials. The two other mechanisms under the platform - the Gas Mechanism and the Raw Materials Mechanism - will launch “in the coming months”, the Directorate’s statement said. billion cubic feet).

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Global energy demand rises as power consumption jumps

Oil & Gas 360º

between 2013 and 2023. Although a large part of the global demand increase was met by renewables, consumption of natural gas, coal, and nuclear also rose with the higher demand, according to the agency. As a result of higher power consumption, natural gas saw the strongest increase in demand among fossil fuels in 2024.

BCM 130
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Daily Energy Report

Daily Energy Report

March 29, 2025 Chart of the Day: EU Record LNG Imports from the US and Imports from Russia Decline Reuters: Exports of Russian Pipeline Gas to Europe Down 19% in March Month-on-Month, Data Shows Summary In March 2025, Gazprom's daily natural gas exports to Europe via the TurkStream pipeline dropped 19.4% bcm, compared to 7.7

BCM 75
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IGU report: Global Natural Gas Investment Gap Could Lead To a Supply Shortfall By 2030

Energy Central

The International Gas Union’s Global Gas Report 2024 shines a spotlight on a critical issue: a significant lack of investment in natural gas production and infrastructure, all while global demand for gas is expected to rise steadily over the next decade. percent.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global natural gas demand rose by 2.5% as gas markets rebalanced after the 2023 slump. Global natural gas production rose to 4,124 bcm with the largest producers being the US, Russia, Iran, and China, which has risen from being the world’s sixth largest gas producer to its fourth over the last 10 years.

BCM 52