Therese Robinson started her energy career in London covering international oil and gas markets. She was managing editor-Europe at Platts, director of Standard & Poor’s Credit Ratings division, and managing editor at UK consultancy, Gas Strategies. She also served as business development and crude editor for Argus. As both project director and managing editor, she launched Natural Gas Daily for Interfax Energy Services. She is from New England.
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European Commission Wants to Slash Power Consumption, Cap Revenues to Tame Energy Prices
European Commission President Ursula von der Leyen on Wednesday pledged “deep and comprehensive reform” of the European Union (EU) electricity market and promised to continue exploring ways to bring down natural gas prices. The EU is being “tested” not only with Russia’s war on Ukraine, but “a war on our energy. It is a war…
September 14, 2022
China Assumes Role of Swing Player With Surplus Natural Gas Inventories
China, the world’s largest buyer of LNG, is reselling the super-chilled fuel to Europe and Asia as an economic slowdown and a boost in Russian gas supplies have created surplus inventories. In 2021, Chinese gas demand grew at the fastest rate on record, when year/year imports increased by 19.9%, according to the Middle East Institute…
September 14, 2022
Natural Gas Pipeline to Move More Supplies to Northern Europe Still Facing Hurdles
A revived pipeline project running through Portugal, Spain and France could deliver an additional 7.5 billion cubic meters (Bcm) per year of gas to Central Europe if approved by the European Commission (EC), but it is still facing opposition. Europe is looking to secure alternative sources of gas to reduce its dependence on Russian pipeline…
August 29, 2022
BP, Kosmos Expecting First LNG from Mauritania and Senegal Project by Early 2024
Kosmos Energy Ltd. and BP plc are working to fast-track the first 2.5 million metric tons/year (mmty) phase of the $4.8 billion Greater Tortue Ahmeyim (GTA) LNG project offshore Mauritania and Senegal. “We continue to make good progress quarterly and are still targeting first gas in 3Q2023 with the first [GTA] LNG cargo targeted for…
August 26, 2022
Eni Nearing First LNG Exports from Coral-Sul Project in Mozambique
Mozambique could soon export its first LNG from the Eni SpA-operated Coral-Sul Floating LNG (FLNG) facility offshore Mozambique’s northern coastline, as an LNG tanker is sailing to the facility to load the first cargo. The British Mentor was floating in the Mozambique Channel on Thursday, just south of the Comoro Islands, according to ship-tracking data…
August 25, 2022
Russian LNG Projects Face Continued Uncertainty as Kremlin Consolidates Control
President Vladimir Putin’s latest decree to stop sales of Russian energy assets, leaves the status and progress of Russia’s liquefied natural gas (LNG) projects in disarray. The decree takes full control of the 9.6 mmt/y Sakhalin-2 project in Russia’s far east. Shell plc has already said it plans to divest its 27.5% stake in the…
August 23, 2022
South Asia Desperately Seeking LNG Cargoes as Global Prices Skyrocket
India, Pakistan and Bangladesh are looking to buy LNG in an extremely tight market as top Asian buyers Japan and South Korea have come out to cover their winter requirements. “While global markets have been focused on Europe and the supply dynamics there, the unintended consequences of energy sanctions on Ukraine are weighing heavily on…
August 17, 2022
Oman Aiming to Boost LNG Output as Asian Sales Grow
Oman and Iran have agreed to revive an offshore pipeline project that would see Iranian natural gas exported via Oman’s LNG facilities, which have been working to boost capacity amid strong global demand. The agreement followed a meeting earlier this summer between Iranian oil minister Javad Owji and Omani energy minister Mohammed al-Rumhy in Muscat. …
August 16, 2022
UK, Centrica Look to Restart Rough Natural Gas Storage Facility
The UK is looking to restart what once was the country’s largest natural gas storage facility, but it may not be in time for the coming winter. Great Britain’s largest energy supplier, Centrica plc, was awarded a gas storage license by the North Sea Transition Authority to reopen the Rough storage site off the eastern…
August 4, 2022
Australian LNG Producers Face Prospect of Diverting Exports to Meet East Coast Supply Shortfall
Australia should divert LNG exports to meet a domestic gas supply shortfall on the east coast next year, the Australia Competition and Consumer Commission (ACCC) said in its latest report. Australia’s east coast gas market is expected to have a shortage of 56 petajoules (PJ) next year, or about 10% of domestic demand, according to…
August 3, 2022