Russian gas production growth to meet rising domestic demand and exports.
Russia accounted for more than 1/3 of the increase in global gas production in 2017, propelled by a strong growth in domestic demand and exports.
Gas production also soared in Iran, which has been ramping up production from its South Pars fields in recent years to support domestic needs.
After a small decline in 2016, US gas production grew again, exceeding its 2015 level, and the country became a net exporter. Gas production also increased again in Canada, though at a slower pace than in 2016.
Australian gas production was spurred by new LNG capacities commissioned in 2016, that raised domestic output by nearly 1/5.
Gas production also surged in Egypt, after seven years of production decline, thanks to the commissioning of the West Nile Delta project.
European gas production continued to fall in 2017, resulting from conventional gas depletion and mandated production restriction in The Netherlands, despite a significant increase in Norwegian gas production.
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.Download the publication
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According to US-based project company Cheniere Energy, the first commissioning cargo of LNG has loaded and departed from its US$15bn Corpus Christi liquefaction and export terminal project in Texas (United States). This marks the first export of LNG from the state and as well from a greenfield export project in the Lower 48 states.
According to the Russian independent gas producer Novatek, its joint venture (JV) Yamal LNG has reached full capacity at the plant’s three LNG liquefaction trains. The three 5.5 Mt/year liquefaction trains of the Yamal LNG project are now operational with a total combined nameplate capacity of 16.5 Mt/year.
The European Commission has adopted a decision imposing transmission system operator (TSO) TenneT to increase the electricity trading capacity between Western Denmark and Germany and to ensure a specific guaranteed capacity available at all times. This announcement ends the formal investigation opened in March 2018 to check whether TenneT infringed EU antitrust rules by systematically limiting southward capacity at the power interconnection between the two countries.
Polish coking coal producer JSW (Jastrzębska Spółka Węglowa) has unveiled plans to increase its output by 2.5 Mt/year to 3 Mt/year through acquisitions. Its 2030 production target has been set at 18 Mt/year, much above the current 14.8 Mt/year (including all types of coal). However, the share of thermal coal in its production will dwindle from the current 25% to 10%. The group will focus on coking coal, betting on the rising needs of the European steel industry.