gas production

Argentina is cutting winter gas supply to factories despite record production from the Vaca Muerta shale field. On the coldest days, demand exceeds domestic output, forcing imports, while pipeline capacity constraints—not gas availability—are cited as the primary issue.

Colombia's gas production has fallen by 55.5% since 2016 and 41% compared to the same months of 2021. May 2024 output averaged 1,129 million cubic feet per day, a 12.89% annual decline, with April's 1,006 Mpcd marking a recent low. Data is from Acipet, the engineers’ association.

Germany’s Schneider advocates for halting oil and gas production in protected areas. The country’s nature-protected areas should be spared new drilling rigs, according to the statement.

ConocoPhillips is set to sign a deal with Syria to revive gas production. This agreement marks the first by a US energy major with Damascus as efforts to rebuild activity continue after years of civil war.

Qatar reportedly offered to cut gas production in exchange for Iran sparing a key facility, according to a Washington Post report. Doha denies the claim, which is part of an alleged effort to pressure the US and Israel to end the war and protect Ras Laffan.