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We offer the following regional Gas analysis and news coverage to keep you informed of factors and developments affecting prices in the Gas marketplace.
News & analysis
Natural gas is commonly produced alongside oil or other hydrocarbons and can also be found deep underground within rock formations. An increasing amount of gas production stems from non-conventional sources, such as from coal-bed seams or from within shale formations. Natural gas is predominantly formed of methane.
Uses include acting as a raw material for power generation, a source of heating and a chemical feedstock for organic chemicals or plastics.
Natural gas is predominantly odourless but varying odorant may be added depending on the specific country to alert users of a leak. Gas normally dissipates in the event of a leak but can cause an explosion as it becomes flammable when mixed with air.
Natural gas is transported by pipelines which can run along the seabed or underground, potentially transporting the energy source thousands of miles. The fuel moves at a speed of around 25km/hour through the pipe.
It is typically stored in depleted gas reservoirs or salt caverns. A certain volume of gas is kept within pipeline networks in order to maintain pressure. This is called linepack.
LONDON (ICIS)--The early closure of the Groningen gas field presents challenges for the Dutch gas market, not only in terms of security of supply but...Read
LONDON (ICIS)--At least two Turkish natural gas importing companies, which were confiscated by the government following a failed coup, might be sold...Read
This story was originally published for ICIS Power Perspective subscribers on 27 November 2018 18:00 CET. On 23 November, the Polish government ...Read