Natural Gas News- July 12, 2022

July 12, 2022

Europe’s Rush to Buy Africa’s Natural Gas Draws Cries of Hypocrisy

Near the tip of Nigeria’s Bonny Island, an arrowhead speck of land
where the Atlantic Ocean meets the Niger Delta, a giant plant last year
produced enough liquefied natural gas to heat half the UK for the winter.
Most of it was shipped out of the country, with Spain, France and
Portugal the biggest buyers. Just 17 miles away in the town of Bodo,
residents still use black-market kerosene and diesel to light wood stoves
and power electricity generators. The fuel is manufactured with crude
stolen from the foreign energy giants — Shell, Eni and TotalEnergies —
that co-own the Bonny Island facility along with the Nigerian government.
“The gas here goes to Bonny and Europe to power homes and industries
but we have no benefits from it,” said Pius Dimkpa, chairman of Bodo’s
local community development committee. “Nothing … For more info go
to https://bit.ly/3yIVZ9N

Ukraine war: Germany fears Russia gas cut may become permanent

Russian natural gas supplies to Germany via the Baltic Sea pipeline Nord
Stream 1 have been halted for 10 days for annual maintenance work.
But German Economy Minister Robert Habeck warned that EU countries
had to be prepared in case gas shipments did not resume. He has
accused the Kremlin of using gas “as a weapon” in response to EU
sanctions over the war in Ukraine. Mr Habeck admitted Germany had
become too dependent on Russian gas. He described that as “a grave
political mistake as we can see today, which we are trying to remedy as
quickly as we possibly can”. He said two floating terminals for deliveries
of liquefied natural gas (LNG) would be ready by the end of the year. In
mid-June Russia’s state gas firm Gazprom cut gas flows through Nord
Stream 1 to just 40% of the pipeline’s capa… For more info go to
https://bit.ly/3yIVZ9N

Uniper kicks off German LNG terminal construction

Near the tip of Nigeria’s Bonny Island, an arrowhead speck of land
where the Atlantic Ocean meets the Niger Delta, a giant plant last year
produced enough liquefied natural gas to heat half the UK for the winter.
Most of it was shipped out of the country, with Spain, France and
Portugal the biggest buyers.Just 17 miles away in the town of Bodo,
residents still use black-market kerosene and diesel to light wood stoves
and power electricity generators. The fuel is manufactured with crude
stolen from the foreign energy giants — Shell, Eni and TotalEnergies —
that co-own the Bonny Island facility along with the Nigerian government.
“The gas here goes to Bonny and Europe to power homes and industries
but we have no benefits from it,” said Pius Dimkpa, chairman of Bodo’s
local community development committee. “Nothing c… For more info go
to https://bit.ly/3yIVZ9N