Green Car Congress
JULY 28, 2021
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
Green Car Congress
JULY 12, 2022
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
Green Car Congress
AUGUST 7, 2020
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.
Green Car Congress
AUGUST 25, 2016
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?
Green Car Congress
MARCH 28, 2019
The goal of the new platform is to develop affordable electric vehicles, with an entry level price below €20,000. In this context, it is rolling out an ambitious growth strategy in North Africa, where it will lead the Volkswagen Group’s vehicle assembly project in Algeria and aims to increase its presence in the region in the medium term.
Green Car Congress
APRIL 10, 2015
Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. The current oil price levels are nowhere near this. United we stand, divided we fall.
Green Car Congress
APRIL 6, 2011
In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. Rising production from shale gas resources has been credited with both lower natural gas prices and declining dependence on imported natural gas.
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