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Doubts Arise Over Azerbaijan Gas Export Targets

OilPrice

Azerbaijani leader Ilham Aliyev wants the European Union to ease regulatory hurdles and improve financing conditions to enable an expansion of natural gas exports. But recently published data raises doubts about whether Azerbaijan can meet a commitment of exporting 20 billion cubic meters (bcm) of gas annually to the EU by 2027.

BCM 341
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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. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.

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Global gas demand: locking in the peak for economic, energy and climate security

Energy Transition

Under current trends, global gas demand is set to peak before the decade’s end. To do this, demand must fall by 110 bcm per year until 2030. Bringing forward this peak in line with climate imperatives can bolster economic growth, security, and resilience.

BCM 248
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Turkmenistan Forges New Gas Partnerships with Turkey and Beyond

OilPrice

Turkmenistan is trying to shed its long-standing image as a hermit kingdom, at least when it comes to natural gas exports. The centerpiece of Turkmenistans gas export diversification push is a swap arrangement with Iran and Turkey under which Ashgabat is expected to supply Ankara with 1.3

BCM 192
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Factbox-EU’s plan to phase out Russian gas by end-2027

Oil & Gas 360º

(Investing) –BRUSSELS -The European Commission will next month propose legal measures to phase out the EUs imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. Others, including Poland and the Baltic states, already stopped buying Russian gas.

Gas 130
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About 700 Bcf of Gas Matched in 2nd Midterm Round of AggregateEU

Rigzone

Vendors offered 31 Bcm, exceeding the 29 Bcm of demand pooled during the second midterm round of AggregateEU.

BCM 91
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Iran Targets to Collect 16 bcm of APG Annually

Egypt Oil & Gas

Irans Oil Minister Mohsen Paknejad stated that his country is targeting to collect 16 billion cubic meters (bcm) per year of associated petroleum gas (APG) in the Seventh Development Plan (2024-28), Shana reported. He noted that the currently collected APG amounts to 4 bcm per year.

BCM 52