Rise in energy production in Iran.
China was the main contributor to the increase in global energy production, as its coal output grew for the first time after three years of reduction.
Higher global energy prices spurred oil and gas production in the United States, after the 2016 drop.
Energy production continued to decline in the European Union, owing to the moderate growth in energy consumption, lower primary electricity production (nuclear and hydro) the depletion of oil and gas resources and the climate policy that eventually implies the exit of coal.
Large oil and gas exporting countries (Russia, Iran after the end of international sanctions, Canada or Nigeria to a lesser extent) as well as the fast-developing countries (India, Indonesia, Turkey and Brazil) have been the main contributors to the energy production increase in 2017. Conversely, Saudi Arabia's energy production was affected by the OPEC production cut agreement.
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.