International avårage prices OCTOBER 2008      Crude oil:   Tapis - 78.47 $/bl     Dubai - 66.38 $/bl     North Sea - 71.85 $/bl    WTI - 76.61 $/bl       Fuel oil:   HSFO 180 fob South Korea - 409.48 $/t    HSFO 180 fob Singapore - 401.32 $/t    LSWR fob Singapore - 414.18 $/t   US Gulf coast - 401.86 $/t    New York - 377.86 $/t     Gasoil:   C+F Japan - 664.31 $/t    Fob South Korea - 628.88 $/t   German heating oil - 734.36 $/t    Heating oil fob W Med - 735.89 $/t    ¹ 2 oil New York - 689.04 $/t    Electricity:   France - 108.19 €/MWh    Spain pool weighted average - 69.56 €/MWh    PJM - 61.40 €/MWh    Entergy - 49.70 €/MWh     Coal:   Japan - 126.93 $/t     South Korea - 126.59 $/t    Indonesia - 127.61 $/t    ARA - 128.22 $/t    Nymex spec. - 92.04 $/t

LNG newsLNG news

11/17/2008

Gazprom under threatThe European Commission offered to establish Caspian Development Corporation. Its purpose will be to purchase natural gas in Middle and Central Asia, to coordinate the investments in the development of oil and gas extraction and transportation of energy sources. read full text

11/12/2008

Gazprom October 2008The export of the Russian gas decreased with 8,3% in October comparing to the same period last year. The major buyers – Germany, Italy, Turkey – decreased the purchased from “Gazprom” volumes because of the drastic increase of the prices from read full text


10/31/2008

Adriatic LNG consortium is one step away from first suppliesThe 7.7bn m3/yr capacity floating terminal which will be located close to the shores of Venice will start to import LNG from Qatar early next year. The Consortium, including ExxonMobile, Italian Edison and Qatar Petroleum has signed deal for a term of 25 years to import 6.4bn m3/yr with Qatar. read full text

10/24/2008

Pakistan’s LNG plants in crisis Islamabad’s intentions to locate a 3,5mn t/yr regasification terminal next to large port Karachi have been hindered by a row of economic and political obstacles. Result of this was delay in the selection of partner and developer by the side of the state-owned Sui Southern Gas read full text


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