Proshares Ultrashort Bloomberg Natural Gas (kold) ETF News

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

Germany joined other European countries and the United States (US) on Tuesday in placing sanctions against Russia for recognizing the independence of two separatist regions in eastern Ukraine. Germany, accordingly, suspended the Nord Stream 2 pipeline, thus, cutting off the 10-billion-euro project that has long been annoying other EU members, including the US. Germany sustained the pipeline project to increase natural gas importation from Russia, in spite opposition from the US and Europe Union members. German Chancellor Olaf Scholz, on Tuesday, requested approval to halt the pipeline project after the Russian President Putin announced the recognition of the independence of the two separatist regions in Ukraine. The action was coming at a time Europe is facing serious energy crisis that increased gas prices. German Chancellor Olaf Scholz had declared: That sounds technical, but it is the necessary administrative step so there can be no certification of the pipeline and certification, without this, Nord Stream 2 cannot begin operating. The US commended the action of Germany as Ukrainian Foreign Minister Dmytro Kuleba declared it it a morally, politically and practically correct step in the current circumstances.

If Russia-Ukraine tensions continue to simmer, the price of natural gas, wheat and metals may rise in India too, thereby impacting the common man.