Gas Market Update (April 23, 2013)
A brief overview of gas price developments, supply and demand and significant market movers.
Articles Tagged "gas markets"
GE Buys Lufkin Industries for $3.3 Billion
Bloomberg reported that GE has expanded its energy portfolio with the purchase of Lufkin Industries Inc for $3.3 billion.
Canada May Beat U.S. to LNG Export Punch
Bloomberg reported that Canada is edging ahead of the U.S. as they compete to be the first exporters of LNG to Asia.
Gazprom Signs Gas Contract with Serbia Through 2021
Bloomberg reported that Gazprom signed the first long-term gas contract with Serbia, to run through 2021, as Gazprom considers investing in gas-fired plants there.
Rising Gas Costs, Falling Supply Push Liberty Resources Gas Project Ahead
Mining Weekly reported that Australian Liberty Resources has placed high priority on developing a A$1.4 billion gas plant in Queensland.
European Gas Supplies Still Hooked into Oil Prices
Reuters reported that for much of Europe, including Norway, the UK and the Netherlands, much of the gas supplies are still linked to the price of oil.
Iran to Supply Pakistan with Gas in Exchange for Food
Reuters reported that Iran has agreed to build a refinery and supply energy-strapped Pakistan with natural gas in exchange for food.
Abe to Ask Obama for U.S. Shale Exports
Bloomberg reported that Japanese Prime Minister Shinzo Abe intends to ask Obama to permit shale gas exports as the country struggles with a spike in energy costs in the wake of 2011's nuclear reactor disaster.
Mozambique Stock Exchange Targeting Foreign Gas Companies
Bloomberg reported that Mozambique’s stock exchange is seeking gas companies for new listings.
Lebanon Proceeding with Oil and Gas Exploration Pre-Qualification
Reuters reported that Lebanon is moving ahead with pre-qualification round for oil and gas exploration in its Mediterranean waters
