Kuwait looks to the cloud as power grid feels the strain
Kuwait has invited bids to construct three power substations that will supply electricity to Google Cloud data storage centres
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On clean energy, the smart money at Davos is betting against the most powerful person here.
In this episode, we discuss the geo-politicisation of natural gas and the challenge that it presents to traders and investors alike with Anne-Sophie Corbeau, Global Research Scholar at the Center for Global Energy Policy.
Algeria’s LNG exports to the EU fell around 13% to 6.3m tonnes (8.5bcm) last year, down from roughly 7.3m tonnes in 2024, according to Kpler data. This was “primarily because a gas processing unit” at Sonatrach’s 7.7m tonnes/year “Skikda complex was taken offline for extended scheduled maintenance and modernisation”, said Neetika Gupta, vice president of upstream research at consultancy Rystad Energy. However, the drop in LNG exports also reflected the country’s strategy to prioritise pipeline flows to Spain and Italy combined with higher domestic demand, forecast to grow 3-4% per year in the coming years, said Nacho Garcia-Lajara, senior research analyst at Wood Mackenzie. Stable flowsFlows to the Iberian peninsula via the Medgaz pipeline remained
Venezuela holds 70% of Latin America's natural gas reserves, which it could export to Colombia and Trinidad to increase revenues.
Geopolitical uncertainty associated with Russian gas exports could swing the range of those exports by an estimated 150 bcm per year.