Natural Gas News – January 2, 2019

Natural Gas News – January 2, 2019

U.S. Natural Gas Producers, Facing Bottlenecks, Practically Giving Gas Away

US News reported: DRILLERS IN RESURGENT oil fields in North Dakota are burning off nearly enough natural gas to meet the demands of that state and neighboring South Dakota. Producers in the Peace Garden State flared 527 million cubic feet of gas per day, according to figures from 2017 first reported in The Bismarck Tribune. North and South Dakota, meanwhile, consumed about 530 million cubic feet of gas per day for furnaces and water heating. Drillers flare natural gas when it’s not economical to capture and bring it to market. Burning off the gas converts methane – a particularly potent greenhouse gas – into carbon dioxide, which also contributes to global warming but has less heat-trapping potential than methane. For more on this story visit usnews.com or click https://bit.ly/2R18SbW

Russian Natural Gas Flows to Germany, Slovakia Up 2% On Year In 2018 at 132.5 Bcm

S&P Global reported: Flows of natural gas from Russia into Germany and Slovakia combined rose by 2% on an annual basis during 2018, after flows during the final month last year came in at their second highest level for a calendar month, data from S&P Global Platts Analytics showed. Total Russian gas flows through the Nord Stream, Yamal, and Brotherhood pipelines stood at 132.5 Bcm for 2018, up 2% on an annual basis and a solid 12% higher than in 2016, the data showed. Flows through these three transit routes stood at 11.89 Bcm during December 2018, beaten only by the 12 Bcm during April last year, as Yamal flows hit a record high and Brotherhood flows reaching a five-month high. Yamal flows stood at 2.84 Bcm during the final month of last year, the highest recorded for a calendar month, with Brotherhood flows at 4.12 Bcm — their highest since July — and Nord Stream flows at 4.92 Bcm. For more on this story visit spglobal.com or click https://bit.ly/2CLlnje