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Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply

The Russian government''s moves to redraw the map of Ukraine, while threatening to conduct a wider and more devastating invasion, is already impacting turbulent energy markets. Why it matters: The clearest way Americans will feel the price of the conflict may be in the form of energy costs, especially the price of gas at the pump. The big picture: Russia is one of the world''s top oil and gas suppliers, and Europe relies on the country for about 40% of its natural gas supplies. As expected, natural gas prices in Europe climbed T uesday as a result of the ominous developments. In particular, Germany''s decision to halt the certification process for the Nord Stream 2 pipeline, which would carry Russian gas directly to Germany, is a potential paradigm shift in Europe''s energy politics. Depending on their severity and targets, European Union and U.S. sanctions could prompt Russia to curtail oil and gas exports to the West, forcing prices to rise and punishing NATO economies. U.S. officials warn this will only hasten Europe''s energy diversification.

Despite warming forecasts, natural gas futures probed higher in early trading Wednesday as analysts predicted volatility heading into this weeks prompt

The post Natural Gas Futures Post Modest Early Gain Despite Warming Forecast; Analysts Predict Volatility Ahead appeared first on Natural Gas Intelligence

Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022

Average natural gas prices in January and February highest in the last nine years

Global oil and liquified natural gas (LNG) prices are likely to see a sharp rise in the event of a Russia-Ukraine conflict, Moody''s Investors Service said

India imports about 85 per cent of its crude oil needs and about half of its natural gas requirement. While the imported crude oil is turned into fuels such as petrol and diesel, gas is used as CNG in automobiles and fuel in factories.

Energy security has gained prominence while the conflict in Ukraine raises concerns over the possible interruption in the supply of oil and natural gas.

Cyprus plans to import natural gas to its energy mix face further delays as work on constructing the 300 mln Vasiliko LNG import terminal are held up as large quantities of chemicals are found buried at the site. Initially planned to be completed in 2022, the construction of the LNG terminal was pushed back to July 2023 due to delays brought on by the coronavirus outbreak. Phileleftheros daily reported that large quantities of phosphogypsum illegally deposited at the site must be removed before launching construction works. The chemicals are buried at the site where supportive infrastructure for the LNG terminal The post More delays for LNG terminal due to dumped chemicals appeared first on Financial Mirror .

Energy security has gained prominence while the conflict in Ukraine raises concerns over the possible interruption in the supply of oil and natural gas.

Russian state-run gas giant Gazprom has said the Nord Stream 2 pipeline will complement existing pipelines running through Belarus and Ukraine and help meet Europes increasing demand for affordable natural gas even as critics accuse Moscow of using gas as a bargaining chip

Gas prices in Europe during trading on February 23 for the first time since February 14 rose above $960 per 1,000 cubic meters

The federal government has disclosed that it will invest and focus on natural gas exploration to achieve accelerated growth in the industry. This was stated on Tuesday by President Muhammadu The post Nigeria is committed to gas exploration, utilisation FG appeared first on Nigeria''s Top News Site .

The price of natural gas tilted higher in the overnight session after Germany announced plans to sanction the Nordstream 2 gas pipeline. The decision