In a concerning sign of the health of Australia’s electricity market, the supply/demand balance for gas depends significantly on reduced gas-fired power generation (GPG) demand and good weather.
Industry
Record Numbers Gathered in Norway for the twelfth Trondheim CCS Conference (TCCS-12)
Recently, carbon capture, transport, utilisation and storage (CCS) experts from around the world gathered in Trondheim for the twelfth Trondheim CCS Conference (TCCS-12). Never before had there been such a large interest in the conference, with a record number of participants, nationalities, and abstract submissions.
North America natural gas demand surges on summer heat wave, triggering short-term price jump after muted shoulder season
Rystad Energy’s North America gas and LNG market update from analyst Ade Allen says after a muted shoulder season for North American gas markets, summer has arrived with a bang and demand is set to surge.
TTF prices top $14 per MMBtu on Norway maintenance delay – Rystad Energy’s Gas and LNG Market Update reveals
China to lead LNG regasification pipeline capacity additions in Asia by 2027, says GlobalData
China is set to dominate the liquefied natural gas (LNG) regasification capacity additions in Asia, contributing around 34% of the region’s capacity additions by 2027, according to data and analytics company, GlobalData.
Federal Parliament Committee recognises importance of carbon capture
A Federal Parliamentary Committee has recognised the importance of carbon capture technology to Australia and regional climate mitigation efforts.
Hiroshima Summit calls for gas investment to avoid supply shortages
Pipeline gas to Europe declined 10% in May but robust Europe and Latin America demand saw LNG exports rise 3.5% year-on-year as gas storage sites continued refilling in the USA and Europe, the latest report from the Gas Exporting Countries Forum has revealed.
Same Job Same Pay: Resource employers urge Gov to exclude contractors
Concerned mining and energy employers are calling for a multi-factor test to ensure specialist contractors are not caught up in the government’s proposed “Same Job, Same Pay” laws.
Window of Opportunity to Fast Track into Asia’s ‘Golden Age’ of LNG and Regasification Projects
Gas Exporting Countries Forum (GECF) Energy Economics Analyst Galia Fazeliyanova says demand projections for LNG are forecasting 36% growth, reaching 5,460bcm by 2050.
Oil and Gas to Work with New WA Government Towards Cleaner Energy Economy
Australia’s oil and gas industry looks forward to working with Western Australia’s new Cook Government to strengthen the state’s economy and accelerate the energy system transformation to net zero.