These Are the Biggest Natural Gas Producers in the World

These Are the Biggest Natural Gas Producers in the World

Natural gas companies produced a record 3.68 trillion cubic meters (~130 trillion cubic feet) of natural gas last year, according to BP’s (NYSE: BP) Statistical Review of World Energy. That’s an increase of 4% from the prior year — almost double the 10-year average growth rate — thanks to a big uptick in production from Russia, which contributed about a third of global growth. North America, however, was the largest gas-producing region, led by the…

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Africa Oil & Gas: Tanzania To Pick Winners Of Oil, Gas Bids Before Year-End

Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator said on Friday. East Africa is a new hotspot in hydrocarbon exploration after substantial deposits of crude oil were found in Uganda and major gas reserves were discovered in Tanzania and Mozambique.

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A Relevant Aproach to World Oil & Gas Industry: Kiev to Begin Paying Down Gas Debt to Gazprom

RT News reported that negotiators from Ukraine have reached an agreement for the country to pay back the first tranche of its gas debt to Russia’s Gazprom (MCX:GAZP). Both sides have tentatively agreed that Ukraine will pay $2.5 billion for gas supplied from November to May, according to RT News.

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It Does Need Some Experts Reflection: What is the Plan beyong Russia’s Expansion into Asian Gas Markets

Russia’s Expansion into Asian Gas MarketsRussia recently signed a major $400-billion gas deal with China, and now Japan appears to want in on the action as well. Bloomberg reported that a group of 33 lawmakers in Japan is pushing the government to build a $5.9-billion pipeline to the island nation from Russia.

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Mozambique Oil & Gas: Eni Board of Directors approves new organisational structure, apoints new CEO

Eni today announces a new organisational structure, which will support the delivery of its strategy based on selective growth in the upstream sector and a turnaround in the mid-downstream segments.

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