06302016Thu
Last update: Thu, 30 Jun 2016 04am

Europe

Markets - Energy - Europe

Angola launches tender to sell third cargo since shutdown MILAN: Angola's liquefied natural gas (LNG) export plant on Friday launched a tender to sell its third cargo since resuming production after a two-year shut down, trade sources said. The cargo is expected to load on June 21-22, bids are due by June 22 and the tender is valid until June 24, a source said. Vitol bought the first cargo exported by the plant, while the second tender offered for sale via tender has not yet been awarded. Copyright Reuters, 2016 ...

Markets - Energy - Europe

Russia's Gazprom says gas exports via Nord Stream up 25pc so far in 2016 ST PETERSBURG: Russia's gas giant Gazprom said on Friday that gas exports to Europe via undersea Nord Stream pipeline rose by 25 percent year-on-year to 20 billion cubic metres (bcm) on Jan. 1 - June 16. The annual capacity of Nord Stream's two lines is 55 bcm. Gazprom plans to boost the pipeline capacity to 110 bcm.Copyright Reuters, 2016 ...

Markets - Energy - Europe

North Sea Crude-Forties diffs fall, dented by unsold barrels LONDON: Forties differentials fell on Thursday to their lowest level since early May, as an overhang of unwanted crude continued to drag on the market. Total once again offered barrels from the Maran Thetis via ship-to-ship transfer (STS) but was unable to find a buyer. The French port and oil refinery strikes are mostly over, following nearly four weeks of disruptions, which should theoretically provide some support for crude diffs. Reuters trade flows data shows ...

Markets - Energy - Europe

Med crude-Urals little changed, Azeri light supported MOSCOW: Urals differentials were little changed on Thursday with no clear understanding on export levels for July so far. A preliminary schedule for Russian Urals was released today showing a slight decrease in exports from Russian ports in the first days of July. At the same time a quarterly export schedule also released today showed a planned increase in exports via Baltic ports in July-September compared to April-June, due to cuts in exports to Belarus. ...

Markets - Energy - Europe

Russia announces tender to build 3rd line of Sakhalin-2 ST PETERSBURG: Russia's Sakhalin Energy has called a tender to build a third production line at the Sakhalin-2 liquefied natural gas (LNG) plant on Russia's Sakhalin island in the Pacific, the company said on Thursday. Sakhalin-2, controlled by Russian gas giant Gazprom , currently has two LNG production lines with a combined capacity of around 10 million tonnes of LNG per year. Copyright Reuters, 2016 ...