Surge in Turkey's coal consumption..
In 2017, global coal consumption was spurred by India and Turkey, and by Russia and China to a lesser extent.
In China, responsible for nearly half of world coal demand, sustained economic growth, higher power consumption and relaxed coal production restrictions contributed to slightly increase coal consumption after three years of decline. Coal thus remains a pillar for the Chinese economy despite structural economic changes (shift away from energy intensive industries to a more services-oriented economy), strong efficiency gains in the manufacturing industry and in the power sector (shut-down of old and inefficient plants) and the government’s willingness to decarbonise the economy and limit air pollution.
Coal demand fell for the 4th year in a row in the United States – 28 GW of coal-fired capacity closed since 2015, no addition in 2017 – and for the 5th year in a row in the European Union (especially in Germany and the UK) due to the closure of many inefficient coal-fired power plants mainly due to stricter environmental regulations. Coal consumption also collapsed in Ukraine as nuclear and hydropower generation increased.
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.Download the publication
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The Italian oil and gas company Eni has signed a cooperation agreement with its Algerian counterpart Sonatrach to tap hydrocarbon resources in the Berkine basin (Algeria). Besides, they also agreed the commercial conditions for the 2018-2019 year in line with the gas market and have started negotiation to look into extending the gas supply shipped from Algeria to Italy beyond the contractual deadline of 2019.
The infrastructure company TransCanada has commissioned the US$1.2bn Topolobampo natural gas pipeline project in northern Mexico, which will ship 670 mcf/d (19 mcm/d or 6.9 bcm/year) to local markets in the states of Chihuahua and Sinaloa.
According to the state-run company Gazprom, exports of Russian gas to non-CIS (Community of Independent States) countries went up by 5.8% between January and June 2018 to reach 108.9 bcm. The largest hikes were reported in Germany (+12.2% or + 3.5 bcm), Austria (+52.3% or + 2.1 bcm), the Netherlands (+61.9% or +1.4 bcm), France (+12.5% or 0.8 bcm), Croatia (+45%, +0.6 bcm) and Poland (+6.7%).
The Indian Directorate General of Trade Remedies (DGTR) has recommended the implementation of a 25% safeguard importation duty on solar cell imports from China and Malaysia for a 2-year period. The proposal has not yet been approved by the government and the duty will start at 25% in the first year, then be reduced to 20% for the first six months of the second year and to 15% in the final six month period. The proposal is very similar to the safeguard duty levied by the United States in January 2018, which set up anti-dumping tariffs on imported solar cells and modules at 30% during the first year and then gradually declining to 15% after a 4-year period.