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Latest News - #The international energy Agency

Mexico announced the execution of the contract of OPEC

Mexico has fulfilled its part of the deal, OPEC intends to increase oil production, said the country's President, Andres Manuel Lopez Obrador.

"We have fulfilled our obligations to reduce production at 100 thousand barrels per day. This stage is completed, we'll build up manufacturing," the President said during the morning press conference.

In the world of gasoline fell by 2% in 2019

The average price of gasoline at the end of 2019 has decreased by 2% compared to the previous year, amounting to $ 0.91 per liter, estimated by the International energy Agency (IEA).

According to experts, cheaper than all the petrol in the last year you could buy in Iran - for only 0,24 USD per liter. The most expensive, more than eight times the price of Iranian gasoline was in Hong Kong - 1.97 dollar per liter.

IEA in 2020 waiting for the largest-ever drop in demand for gas in the world

The international energy Agency (IEA) predicts in 2020 the largest in the history of the fall in world demand for natural gas by 150 billion cubic meters, or 4%, says the report of the Agency in the gas market.

The Agency notes that the recent sharp decline in demand for gas in the world was recorded in 2009 - then he fell 2%. In 2019 global consumption of natural gas increased by 1.8%, or 70 billion cubic meters.

The IEA predicted strengthening of Russia's position as gas exporter

Russia in the period up to the end of 2025 will be able to strengthen its position as the largest gas exporter in the world, according to a new annual report by the International energy Agency (IEA).

The IEA, in particular, mentioned plans "Gazprom" on development of the Yamal gas production center. So, by 2022 it is expected to reach the designed production level of 115 billion cubic meters per year on Bovanenkovskoye field. In addition, in 2023 it is planned to start production at Kharasaveyskoye field by raising the bar to 32 billion cubic meters a year by 2026. "Supply corridor "Bovanenkovo-Ukhta" should provide as domestic consumers and European export market", - said the Agency.

The EU will invest billions in new technology inferior to old

The topic of hydrogen energy continues to remain at the top of the EU energy policy, and in General on the planet the interest is increasing. From an external observer, a cursory study of the issue may give a distorted idea overall picture. On the one hand, the hydrogen States are now very much, there are regular reports of new projects. Notable price Agency Platts eloquently called his section on hydrogen "Beyond the Hype", that is literally "Beyond the hype", implying that the hype, hype, hype does exist.

Hydrogen "the new reading" is the so — called green hydrogen. It is used as a store of energy and is obtained by electrolysis of water using excess, "excess" amounts of electricity from unregulated RES — renewable energy sources. Conversely, in times of scarcity of renewable generation, the hydrogen is burned to generate electricity or heat. While this hydrogen is share in the energy balance at the level of accuracy. But all this can not be complacent: the European Union has strongly taken up the subject in the near future will take the appropriate long-term plans and roadmap.