Polish Oil and Gas Company (PGNiG) received the fifth cargo of liquefied natural gas at the LNG reloading station in Klaipeda.
The Russian government has adopted a long-term programme to develop the LNG sector, envisioning a massive (triple, some sources say) increase in production over the next fifteen years.
Chairman of Russia’s Gazprom Supervisory Board Viktor Zubkov stated with confidence that the Nord Stream 2 gas pipeline would be completed this year.
Polskie Górnictwo Naftowe i Gazownictwo SA and the Naftogaz Group, Ukraine’s national oil and gas company, signed a Memorandum of Understanding regarding cooperation in exploration of hydrocarbon resources and gas production in Ukraine.
Several countries dominate the world’s natural gas supply, with total production reaching around 4 trillion cubic metres in 2019.
The British government outlined an agreement with the fossil fuel industry to move away from extracting oil and gas from waters around the UK.
The Russian oil and gas giant closed the last year with a massive loss – the equivalent of $9.3 billion.
The milestone cargo was loaded on the Arc7 ice-class tanker “Nikolay Zubov” and represented the 685th cargo of LNG dispatched since the first cargo in December 2017.
China is consistently pursuing its energy transition and has just signed a new supply contract for Qatari liquefied natural gas.
Germany and Austria are not the only ones lobbying for the Russian gas pipeline. The Dutch government has also been supportive of the Russians.