COP28’s acute balancing act

The COP28 climate summit is finally upon us. It kicked off Thursday in Dubai, and over the following 12 days, it is expected to set the direction for how the world will tackle

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Gas demand grows as production rises

China is expected to account for almost half of the total growth in global gas demand between 2022 and 2026. A new UN report, ‘The Production Gap – Phasing down or phasing up’, said that

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Green future needs natural gas

Japan’s Mitsui said the world lacks enough LNG for energy transition. Announced natural gas projects in the world still won’t make up for the supply needed when considering the energy transition that

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We need EuroAsia after all

The EuroAsia interconnection project must move forward. The future of energy worldwide, and in Cyprus, is green energy and renewable energy sources (RES). We cannot increase the penetration of RES by more

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EU energy crisis hasn’t gone away

The European Commission thinks the natural gas crisis has gone away. However, many energy-intensive companies have either closed or reduced production after being unable to cope with higher energy prices, especially as

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Markets ignore Saudi-led crude cuts

Concerns about a global economic slowdown impacting demand overshadow Saudi Arabia’s promised output cuts. The market sentiment has also been affected by rising fuel stocks in the US and disappointing Chinese export

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Natgas projects in revival mode

Follow-through from last month’s G7 meeting, when “increased deliveries of LNG” and “publicly supported gas investments” were endorsed, has started to emerge. US public finance has started to flow for LNG, despite

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