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Russia's Gas Production Drops Despite Surge to China and Domestic Uptake

OilPrice

billion cubic meters (bcm), as higher exports to China and increased domestic demand failed to offset the collapse of pipeline flows to Europe, Bloomberg reported on Wednesday. bcm in 2024, making it the last significant corridor to the EU following… Russia’s natural gas production fell 3.2% That route had accounted for over 15?bcm

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US Overtakes Russia as EU No2 Gas Source

Rigzone

Pipeline gas accounted for 55 percent or 38 Bcm while liquefied natural gas (LNG) contributed 45 percent or 31 Bcm, according to the Commission’s latest quarterly gas market report. Bcm, followed by Russia at 14 percent or 9.7 Bcm, followed by Qatar at five percent or 3.2 Bcm and Azerbaijan at four percent or 2.6

BCM 108
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring.

BCM 102
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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

billion cubic feet) of EU gas imports in the fourth quarter (Q4) of 2024, according to the Commission’s latest quarterly gas market report. The EU imported a total of 70 Bcm in the October-December 2024 period. Q4 Gas Imports from Russia Russia accounted for 19 percent or 13.4 billion cubic meters (473.22

Gas 75
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EU Commission Launches Matchmaking Platform for Energy, Materials Sourcing

Rigzone

A total of seven rounds have been conducted under AggregateEU, pooling over 119 Bcm of demand and attracting 191 Bcm of offers. Nearly 100 Bcm have been matched, according to the latest results announcement March 26, 2025.

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Valor | Energy Connection – June 16, 2025

Valor

Read more Iran suspends partial output at major gas field after Israeli attack Summary : Iran partially suspended production at South Pars, the world’s largest gas field, after an Israeli strike caused a fire, halting 12M cm/day output (4% of Iran’s 275 bcm annual production). Read more Baker Hughes reports U.S.

Energy 52
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Norway Gas Output Down for Fourth Consecutive Month

Rigzone

percent against June 2024. Norway’s share of the EU’s piped gas imports increased by five percentage points compared to the fourth quarter of 2024 following the end of the Ukraine-Russia transit deal. percent from May and three percent from June 2024. percent from May and three percent from June 2024.

Gas 97