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Middle East Gas Conference 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
New Zealand backs gas, but results take time
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
Gas pricing finds a new norm
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU
Namibia eyes diversifying energy mix as oil stalls
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
Energy’s electric shock
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
Iraq seeks alternatives to Iranian gas
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The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and markets
Spain’s Huelva LNG terminal
EU Russia Gas
Michael Bradshaw
17 January 2025
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Europe faces test of gas resolve

European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts

In May 2022, the European Commission published its REPowerEU plan as a response to Russia’s invasion of Ukraine and the associated threat to European energy security. The strategy has three goals: to save energy, to diversify energy supplies and to accelerate the production of clean energy. Two years later, in spring 2024, the Commission was able to report that gas demand had declined by 18% between August 2022 and March 2024, a saving of 125bcm. 15% – Russia’s share of EU gas imports in 2023 Imports of Russian gas (pipeline and LNG) had dropped from 45% of overall EU imports in 2021 to only 15% in 2023, while Norway and the US have become the EU's largest gas suppliers, providing 34

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3 July 2025
The July/August 2025 issue of Petroleum Economist is out now!
Middle East Gas Conference 2025
2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
New Zealand backs gas, but results take time
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
Gas pricing finds a new norm
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU

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