Tag: LNG

Sergey Lavrov: “Staged incidents as the Western approach to doing politics”

Tina Marie (Ms. Cat)

Today, the Russian Armed Forces, together with the self-defence units of the Donetsk and Lugansk people’s republics, are delivering on the objectives of the special military operation with great resolve to put an end to the outrageous discrimination and genocide of the Russian people and eliminate direct threats to the security of the Russian Federation that the United States and its satellites have been creating on Ukrainian territory for years. While losing on the battlefield, the Ukrainian regime and its Western patrons have descended to staging bloody incidents to demonise our country in the eyes of the international community. We have already seen Bucha, Mariupol, Kramatorsk, and Kremenchug. The Russian Defence Ministry has been regularly issuing warnings, with facts in hand, about upcoming staged incidents and fakes.

Sergey Lavrov: “Staged incidents as the Western approach to doing politics”

Hezbollah: Flying drones to Karish gas field conveyed message to Israel

Tina Marie (Ms. Cat)

Lebanese resistance movement Hezbollah says its recent flying of three unarmed drones toward the Karish gas field was aimed to warn Israel not to conduct any extraction operation prior to resolving a long-standing maritime border dispute between Beirut and the regime in Tel Aviv.

Hezbollah: Flying drones to Karish gas field conveyed message to Israel

Related:

Israel’s Karish Offshore Gas Field: Facts and Figures:

Meanwhile, Israel, Egypt, and the European Union are expected to sign a memorandum of understanding on increasing gas exports, though it is difficult to see what immediate practical effect this will have. Israel’s Ministry of Energy will also open another round of bidding for licenses to explore in its EEZ. The degree of interest shown in this round will indicate how international energy companies currently regard the attractiveness of Israeli prospects.

Russia’s energy revenue higher now than just before Ukraine war, U.S. official says

Tina Marie (Ms. Cat)

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

Russia’s energy revenue higher now than just before Ukraine war, U.S. official says
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Sempra strikes LNG supply deal with Germany’s largest power producer

Tina Marie (Ms. Cat)

May 25 (Reuters) – U.S.-based Sempra Energy said on Wednesday it would sell about 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Germany‘s largest power producer, RWE AG, which is trying to wean itself off Russian gas.

U.S. LNG companies have been exporting record volumes to the European Union following sanctions on Russia after its invasion of Ukraine, which tightened supplies to an already under-supplied market.

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Sempra said it would supply the gas for 15 years from its Port Arthur LNG Phase 1 project being developed in Jefferson County, Texas.

Earlier this month, the company clinched a deal to supply three million tonnes of LNG each year to Poland‘s PGNiG

Sempra strikes LNG supply deal with Germany’s largest power producer

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

Tina Marie (Ms. Cat)

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

Related:

The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.