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Gas & Power Watch - Europe

Dutch government's Groningen gas field policy and its market impact

April 27, 2015 (6:58)

Reginald Ajuonuma examines more stringent Dutch 2015 quotas that have reduced Groningen natural gas production, and storage withdrawals which have ramped up to meet the shortfall.


News Headlines

Norway suffers 17 million cu m/day gas field outages: Gassco
London (Platts)--28 Apr 2015 509 am EDT/909 GMT
Norway has been hit by a string of unexpected gas field outages adding up to 17 million cu m/day of lost capacity, according to Norwegian export system operator Gassco.
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The Barrel Blog

April 23, 2015
Thursday’s focus on electric power allows for a wide variety of topics, from coal to actual power generation to natural gas and everything in between.
April 23, 2015
The EC Commission carried out dawn raids on a number of gas companies in September 2011 and opened an investigation a year later, in September 2012. On Wednesday, April 22, it filed a formal statement of objections against Gazprom over its gas sales to eastern Europe.
April 22, 2015
Wednesday was supposedly natural gas day at IHS CERAWeek, but oil topics still leaked into some of the discussions and there was an announcement from a coal company.
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Feature: Indonesian gas project delays

March 25, 2015
Indonesian gas projects face delays because their operators do not know if their production-sharing contracts are to be extended: only this month did Total learn the fate of its contract to produce gas from the Mahakam field.
Also in this feature
Revision sought for Indonesia's oil, gas law
The energy ministry said March 12 that the government wanted to complete the revision of the law this year as it has already been delayed for a long time.
Indonesia awards conventional, shale gas blocks
The energy ministry has awarded 11 blocks -- eight conventional and three shale gas blocks -- with Anglo-Dutch Shell, Norwegian Statoil and Malaysian Petronas among the winners.

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Price Focus

Spot natural gas prices in the US Gulf Coast made small moves in either direction Monday on cooler-than-normal weather forecasts around the country and weakness in the NYMEX February futures contract. The cash price at Henry Hub edged a couple of cents lower to average around $2.90/MMBtu on IntercontinentalExchange. New Orleans is forecast to see highs in the mid-50s Jan 13, about 7 degrees below normal.



Podcasts

Shell-BG Group deal: What does it mean for the LNG market?
April 14, 2015 - Platts LNG team looks at the short- and long-term implications of the $70-billion Shell-BG Group deal on the LNG market.
Can N. American gas be saved by coal retirements, power burn?
April 14, 2015 - North American natural gas production is outstripping demand, and increasing power demand due to the forced retirement of coal plants may not be enough to stabilize gas prices.
Colette Honorable, Commissioner, US Federal Energy Regulatory Commission
April 08, 2015 - Colette Honorable, Commissioner, US Federal Energy Regulatory Commission, addressed FERC's busy policy and legal agenda at the Platts Energy Podium event in Washington.
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North American Natural Gas Markets methodology Published November 2014

Platts' methodology for assessing North American gas markets has developed over a number of years. It draws on our experience in the global energy markets. Platts sets great importance on producing independent reports and assessments.






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