Tag: natural gas

The International Gas Union announced the release of the Global Gas Report 2022, produced in partnership with Snam and Rystad Energy.

The world’s demand for natural gas is set to decline slightly in 2022 as a result of higher prices and market disruptions caused by Russia’s invasion of Ukraine, according to the International Energy Agency’s latest quarterly update.

The International Energy Agency (IEA) informs that the European Union could reduce its imports of Russian natural gas by more than one-third within a year, by combining some key measures that are consistent with the European Green Deal.

The European Union has drawn up plans to label some natural gas and nuclear energy projects as "green" investments after a year-long battle between governments over which investments are truly climate-friendly.

Port of Barcelona, APM Terminals Barcelona, HAM and Naturgy concluded a pilot to test the viability of natural gas as a fuel in port equipment.

Following the announcement of an e-methanol sourcing agreement in Europe, Maersk invests in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.

On 23rd March 2021, Port of Antwerp, Fluxys and Titan LNG christened a new LNG bunker vessel named as "FlexFueler 002 ". Owned by gas infrastructure group Fluxys and the leading LNG supplier Titan LNG,  the bunker barge ensures that ships can refuel with LNG anywhere in the port.

The Maritime and Port Authority of Singapore (MPA) recently awarded a third LNG bunker supplier licence to Total Marine Fuels Private Limited for a five-year term, starting 1st of January 2022.

ENGIE and Equinor collaborated to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore.

The US Energy Information Administration reported that the US natural gas consumption rose by 3% in 2019, achieving a record of 85.0 billion cubic feet per day (Bcf/d). The increase was due to new natural gas-fired electric capacity and lower natural gas prices.