Fuel gas

National Statistical Institute: Industrial Production Index up 3.7% in February Compared to Previous Month

According to preliminary data, in February 2017 the industrial production index of Bulgaria went up 3.7% compared to January 2017. In February 2017, an increase by 5.0% was reported compared to the same month in 2016. This is what data of the National Statistical Institute shows, quoted by Focus News.

Qatar to boost output from world's biggest gas field

Energy giant Qatar Petroleum is to launch a new project in the world's biggest gas field, boosting its output by up to 10 percent, it said on April 3.

The state-owned firm's chief Saad Al-Kaabi said it was ending a 12-year moratorium on new projects in the North Field, off the Gulf state's northern coast.

NSI: Production of Fuels, Natural Gas, and Electricity Decreases in January 2017

In January 2017 compared to December 2016, there was a decrease reported in the production of solid fuels - by 5.0% to 3,328 thousand T; of unleaded gasoline - by 8.3% to 165 thousand T; diesel fuel - by 6.9% to 256 thousand T; natural gas - by 20.0% to 12 million m3; electricity - by 10.8% to 4,056 GWh.

US LNG exports shift to Europe from Asia

US liquefied natural gas (LNG) exporters have shifted their focus to Southern Europe from Asia as cold weather and problems with Algerian gas supply have driven Europe's gas prices higher.

Gas prices in Europe are at their highest premiums to US gas prices for three years.

Several cargoes have already made their way to Europe, and analysts expect more to come.

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