Natural gas
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Natural gas has been fuelling industrial and economic growth across developed and developing countries. Its usage is set to increase as it is also being considered as a low-carbon fuel that can help make the transition to a no-to-low-carbon economy. Argus is your irreplaceable source of price information, news, expert analysis and fundamentals data for international natural gas markets.
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KIS, Toyota Tsusho to produce biomethane in Indonesia
KIS, Toyota Tsusho to produce biomethane in Indonesia
Tokyo, 6 October (Argus) — Biogas company KIS Group and Japanese trading house Toyota Tsusho have launched a joint venture to produce and sell biomethane derived from palm oil mill effluent (Pome) in Indonesia. The two companies launched the joint venture, KIS Toyota Tsusho Biomethane Indonesia (KTBI), in September, Toyota Tsusho said on 5 October. KIS Group's Indonesian subsidiary KIS Biofuels Indonesia (KBI) holds a 51pc stake in KTBI, while Toyota Tsusho Indonesia holds the remaining 49pc. KTBI is developing a project to upgrade biogas into high-purity biomethane. The biogas is generated from Pome at palm oil mills in South Sumatra. KTBI aims to begin commercial operations in 2027, with plans to sell around 150,000 mmBtu/yr (2,880 t/yr) of Pome-derived biomethane, Toyota Tsusho said. The biomethane will be supplied to buyers in the manufacturing industry in West Java, via pipelines of Perusahaan Gas Negara (PGN), the gas subsidiary of Indonesian state-owned Pertamina. Indonesia is one of the world's major producers of natural gas. But while its gas production has been declining in recent years, demand continues to grow. The country is also the world's largest producer of palm oil and has abundant biomass resources such as Pome, driving growing interest in biomethane as a biomass-based complement to natural gas supplies. Argus assessed Indonesian RED-compliant refined Pome oil at $1,220/t fob on 5 October. By Kohei Yamamoto Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Turkey lays out Cop 31 ‘action agenda’
Turkey lays out Cop 31 ‘action agenda’
Houston, 21 September (Argus) — The head of the upcoming Cop 31 climate summit in Turkey wants the talks to result in new actions to toward electrification, energy efficiency and waste reduction. Cop 31 president-designate Murat Kurum on Monday unveiled new details of Turkey's "action agenda" for the summit, which the country hopes will lead to "measurable, implementable and bankable actions" by Paris Climate Agreement signatories. "We are positioning Cop 31 as an implementation Cop", Kurum said during a UN event at the start of New York Climate Week. The agenda, which he previewed in April, calls for action in four main areas. At the top of the list is a goal of increasing electricity to reach 35pc of global final energy consumption by 2035. It also calls for slashing the projected increase in municipal waste generation by more than half, reducing the energy intensity in buildings by 25pc and increasing the use rate of circular materials to 15pc, all by 2035 as well. If sufficient action is taken across all four areas, they have the potential to reduce global emissions by 8.5bn-10bn metric tonnes, according to Kurum. "This is a very remarkable number", he said. One issue the agenda does not directly touch on is finance, a fact that officials from developing nationals raised following the announcement. The agenda and the Cop must lead to a "meaningful increase in financial resources, technology and technical assistance supporting development in developing countries" said Fitsum Assefa Adela, planning and development minister for Ethiopia, which will host Cop 32. Kurum said a goal of the Cop agenda is to provide developing countries with the opportunity to pursue "green industrialization". Turkey separately launched its Antalya Pledge on AI, with the goal of getting countries to take steps to ensure artificial intelligence is developed in sustainable way but that the technology can also support the development of clean energy. "We must openly discuss AI's growing energy consumption and it is time for governments to start setting the terms", Kurum said. "We expect companies to be transparent about their energy use and to power their operations with clean energy. " IEA tomorrow will launch new report on electrification, looking at how to achieve the 35pc by 2035 goal. It also plans to release future reports related to Turkey's goals for Cop 31. By Michael Ball Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
German THE launches two gas balancing tenders for 1Q27
German THE launches two gas balancing tenders for 1Q27
London, 21 September (Argus) — German gas market area manager THE has opened two separate bidding rounds for long-term balancing of high and low-calorie gas to ensure security of supply over the first quarter of next year. The tenders cover a theoretical maximum of 24TWh if THE called every contracted megawatt hour for every hour across the maximum permitted call days in both tenders combined. THE usually issues gas balancing tenders ahead of the coming quarters but has expanded volumes for January-March 2027. THE said the additional volumes support gas supply security measures set out in the German economy ministry's framework paper on strengthening security of supply. Around 14.5TWh at maximum comes from THE's standard quarterly long-term balancing (LTO) product, split across January, February and March 2027. THE is seeking 344 GWh/d of system buy capacity in each month, allocated between the H-Gas Sud, H-Gas Ontras and the L-Gas Ost/West/GUD and Nowega balancing zones ( see table ). Providers can be called for up to 14 days a month. The second, "special", tender adds a further 9.7TWh at maximum. It covers only high-calorie gas and requires delivery exclusively at storage connection points. This tender runs during 1 February–1 March with up to 14 call days and during 1–15 March with up to seven call days. THE will accept bids for both tenders from 6–20 October, and it will confirm awards by 23 October. Successful bidders supplying high-calorie gas cannot meet their obligation by shifting importing volumes across the border from the Netherlands, Belgium, France or Denmark. This means suppliers must achieve balancing through other supply sources like LNG sendout, alternate entry points or storage sites. Successful bidders will be compensated through a capacity payment — fixed for the delivery period regardless of use — and a working price tied to the EEX hourly reference price, payable only for gas actually delivered following a call. THE awards contracts on a cost-optimal basis. Non-performance triggers a contractual penalty of up to 25pc of the relevant capacity price per shortfall day, capped at 50pc per call day and 100pc over the full delivery period. By Alejandro Moreano Special tender Feb-Mar GWh/d Zone 1 Feb–1 Mar 2027 1–15 Mar 2027 Max call days (Feb / Mar HGE + HOS (H-Gas Gascade / H-Gas Ontras) 223.2 156.0 14 / 7 H-Gas Sud 288.0 204.0 14 / 7 — THE Long-term options gas balancing tender 1Q27 GWh/d Zone Gas quality January February March Max call days H-Gas Sud (HS) High calorie 210.1 210.1 210.1 14.0 H-Gas Ontras (HOS) High calorie 79.2 79.2 79.2 14.0 L-Gas Ost (LO) / West (LW) / GUD (LGU) Low calorie 27.6 27.6 27.6 14.0 L-Gas Nowega (LNA) Low calorie 27.6 27.6 27.6 14.0 — THE Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Puro launches environmental attributes registry
Puro launches environmental attributes registry
London, 21 September (Argus) — Helsinki-based carbon registry provider Puro.earth has launched a new standard and registry for environmental attributes, initially tracking agricultural carbon intensity. The initial focus will be on clean-fuel feedstocks. The registry will track carbon intensity scores of agricultural processes at defined stages across the supply chain from field-level origination. Each step will be timestamped and auditable. Carbon intensity attributes will remain attached to the commodity under set chain-of-custody and mass-balance rules, rather than trade as decoupled certificates under a book-and-claim model. Each attribute will be issued against a specific quantity and geospatially defined field for a given year. Attributes will be kept distinct from carbon credits, removals and others issued through other registries or programmes, but they can support other forms of environmental claims, for example feeding into biomethane sustainability verification. Market participants and auditors will be able to view origin, ownership, transfer history, retirement status and claim eligibility for relevant attributes. Puro will certify that existing third-party methodologies for specific crops and use cases, including those within compliance frameworks, are implemented correctly by suppliers. The new registry will also support companies as new obligations arise from changes to the Science Based Targets initiative (SBTi) forest, land and agriculture guidance and the Greenhouse Gas Protocol's land sector and removal standards, Puro said. Puro's standard is among the most widely used for CO2 removal credits in the voluntary carbon market, with around 800 buyer organisations conducting transactions through its existing registry. By Gian Remnant Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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