Lithuania bans Russian gas imports

: Natural gas
22/06/28

Lithuania's parliament, the Seimas, today approved amendments to the country's Law on Natural Gas that will ban gas imports from Russia and other countries deemed a threat to national security.

The Lithuanian cabinet of ministers on 18 May first approved these amendments, which aim to "ensure Lithuania's national and energy security", energy minister Dainius Kreivys said. The proposal followed a 22 March resolution from the Seimas that called on the government to create a legal framework that would enable Lithuania to "stop the import and use of Russian oil and natural gas as soon as possible".

The amendments bar access to Lithuania's gas transmission system and its 2.9mn t/yr Klaipeda LNG terminal, although it will not affect suppliers transporting gas through Lithuania to Kaliningrad.

Lithuania's entire gas demand is currently met by LNG from the US that is delivered at the Klaipeda terminal, the government said. Lithuania stopped importing Russian gas for domestic consumption in early April. The country has no shortage of gas now and is unlikely to face one in the future, Lithuanian utility Ignitis said last month, as it has secured adequate supply from non-Russian sources.

By Brendan A'Hearn

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25/12/04

Golden Pass LNG approved to receive cool-down cargo

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LNG to fill the gap as Seoul pledges faster coal exit

25/12/03

LNG to fill the gap as Seoul pledges faster coal exit

South Korea is scrambling for alternatives to coal-fired power to maintain sufficient base-load capacity, writes Evelyn Lee London, 3 December (Argus) — South Korea's pledge to phase out coal-fired power generation by 2040 has thrown its energy strategy into sharp focus, exposing a looming 40GW capacity gap. With nuclear expansion stalling and renewables facing infrastructure hurdles, LNG has become the most likely bridge to fill the potential shortfall. South Korea has formally confirmed its plan to retire 40 out of its 61 existing coal-fired units by 2040, following its declaration during the UN Cop 30 climate summit in Brazil last month to join the Powering Past Coal Alliance (PPCA) — a coalition of countries committed to ending coal use for power generation. The phase out timeline for the country's remaining 21 units — some of which were built relatively recently — will be determined through public consultation taking into account economic and environmental feasibility, and a detailed phase-out strategy is expected to be finalised next year, the PPCA says. This aligns with Seoul's intention to establish its 2026-40 long-term power plan by the end of next year. The firm phase-out pledge leaves South Korea scrambling for alternatives to maintain sufficient base-load power capacity. Its current long-term power plan covering 2024-39 was established in February under the previous administration of then-president Yoon Suk-Yeol. It earmarked 28 aging coal-fired units with a combined 14.1GW of capacity for conversion to LNG, and 12 units with 6.8GW of capacity to transition to carbon-free generation, such as pumped storage, hydrogen or ammonia co-firing, all by 2038. The current administration under President Lee Jae-Myung has indicated it does not intend to allow plants to switch to ammonia co-firing , signalling a decisive break from earlier strategies that sought to keep coal in the mix under a low-carbon guise. In line with this, Lee's administration in October cancelled the second round of a clean hydrogen power generation bidding market, which would have subsidised hydrogen and ammonia co-firing under 15-year contracts. Seoul searching An accelerated coal phase-out alongside a ban on approving new nuclear reactors has led to growing expectations that South Korea will lean more heavily on gas-fired plants to maintain its power system at least until renewables capacity catches up. The current electricity plan stipulates building two new 1.4GW reactors and continued use of expiring reactors, resulting in nuclear capacity rising to 35.2GW in 2038 from 26.1GW in 2025. But the Lee administration has ruled out building new reactors, although construction of reactors already under development can proceed as planned. The government has approved the restart of the 650MW Kori reactor 2, in line with the president's stance that expiring reactors may continue operating if safety standards are met. But even with these measures, Seoul must identify more than 40GW of replacement capacity by 2040, based on information currently available. This is roughly equivalent to the country's entire coal-fired fleet, which has accounted for around 28pc of total power output this year. The government aims to expand South Korea's renewable energy capacity to 100GW by 2030 from a previous target of 80.9GW and current capacity of 37.9GW, but its renewables rollout continues to be constrained by insufficient transmission capacity upgrades, mainly driven by local opposition. A law to accelerate grid projects came into force on 26 September, but progress is now being held up by local governments, which are reluctant to approve project permits in a bid to maintain positive public opinion ahead of municipal elections in June next year. Persistent grid bottlenecks have increased the country's reliance on gas-fired generation in recent years, as these plants are located close to the main demand centre around Seoul. Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

UK gas output continues to defy forecast decline

25/12/03

UK gas output continues to defy forecast decline

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Saudi Arabia brings giant Jafurah gas project onstream

25/12/03

Saudi Arabia brings giant Jafurah gas project onstream

Dubai, 3 December (Argus) — Saudi state-controlled Aramco has begun production from the first phase of the giant Jafurah natural gas project, the finance ministry said late on Tuesday. In its 2026 budget statement, the finance ministry listed the phase one start-up as one of Saudi Arabia's achievements in 2025. It didn't specify a date, but it is likely to have been in the past few days. It said production began at 450mn ft³/d, which is two and a half times the rate at which Aramco had long projected. With in-place reserves of 229 trillion ft³ (6.87 trillion m³) of raw gas and 75bn bl of condensate, Jafurah is the largest unconventional gas field in the Mideast Gulf and represents a major pillar of Aramco's ambitious gas expansion plans. Aramco has yet to announce the start up. It previously said it expects to lift sales gas output ꟷ or net production ꟷ to 650mn ft³/d by the end of 2026 in phase one. It is unclear if this stronger-than-anticipated start-up rate could translate into a higher end-2026 target. A second phase is scheduled to come on stream in 2027, to lift production to 2bn ft³/d by the end of the decade, Aramco has said. Aramco has an ambitious programme to expand gas production by more than 80pc by the end of the decade, relative to a 2021 baseline of 9.2bn ft³/d. This implies output of at least 14.7bn ft³/d by 2030, with Jafurah delivering more than one-third of the increase. Jafurah will also produce about 420mn ft³/d of ethane and 630,000 b/d of NGLs and condensate as by-products by 2030. The ethane and NGLs will be sent to the Riyas fractionation plant, which is being built as part of the phase two development. The condensate will be sent to the Juaymah terminal, where Aramco is expanding its storage and export facilities. By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Australia’s Victoria to miss renewable power targets

25/12/03

Australia’s Victoria to miss renewable power targets

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