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EIA: US LNG exports grew to record highs in the first half of 2021

Green Car Congress

US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. Natural gas demand in the spring continued to rise amid low post-winter inventories, which contributed to unseasonably high natural gas prices. Bcf/d for a total peak capacity of 10.8

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.

Gas 243
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

Green Car Congress

Bcf/d and from Algeria by 0.2 Bcf/d in 2021 primarily because of record-high LNG spot prices in Asia. Lower LNG imports in Europe contributed to record-low natural gas storage inventories during 2021, even as prices reached record highs. Australia increased its LNG exports by 0.1 Bcf/d and Latin America by 0.6

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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OPEC’s Output Freeze: What Has Changed Since Doha?

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The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. What has changed from Doha to Algeria?

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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

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The goal of the new platform is to develop affordable electric vehicles, with an entry level price below €20,000. This year’s achievements underline SEAT’s potential to make use of growth opportunities and open new markets. More than 300 engineers will be participating in this project in Spain.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. Europe lags behind China and the United States because its single market remains less integrated. Saudi Arabia and Kuwait might, and should be encouraged to do so.

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