Pipeline & Gas Journal

Germany's LNG terminals have helped calm markets by giving evidence that gas supplies are being stabilized and new overseas suppliers sought after westward gas exports from Russia stopped. This has helped cut gas prices from multi-year highs. https://ow.ly/g99i50UwFB1

Oil prices inched higher on Monday, along with other risk assets, after U.S. data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth and oil demand. https://ow.ly/23z050UwFzB

Kazakhstan's pipeline operator Kaztransoil said on Tuesday that oil supplies to Germany via the Druzhba pipeline will be increased to 135,000 metric tons (32,000 barrels per day) this month from the planned 130,000 tons. https://ow.ly/7n2a50UwFz1

November was also the second month the country missed the 1.8 million barrel-per-day production target for crude oil and condensate, which President Claudia Sheinbaum has vowed to maintain during her six-year term. https://ow.ly/Agun50UwFwY

Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago. https://ow.ly/NLTu50Uw71h

The head of the Japan Gas Association on Friday urged the government to enhance diplomatic efforts to eliminate destination clauses in long-term LNG contracts, ensuring flexibility for resale in response to demand trends. https://ow.ly/hEcf50Uw6ZP

Russian and Kazakh oil flows to Hungary, Slovakia, the Czech Republic and Germany via the Druzhba pipeline have stopped since Thursday due to technical problems at a Russian pumping station, four people familiar with the matter said. https://ow.ly/JJHY50Uw6W0

McDermott has inaugurated a state-of-the-art welding and technology center at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. https://ow.ly/GlJq50Uw6Ty

U.S. natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spot prices by reducing output as in past years. https://ow.ly/eEIS50Uw6QN

Venture Global LNG wants to extend the force majeure at its Calcasieu Pass LNG plant in Louisiana to 2025, delaying first supplies under long-term contracts to three years after starting production. https://ow.ly/k1JG50Uw6OQ