US oil and gas exporters have been warned that they face a further tightening of European anti-pollution rules despite energy’s exclusion from a swath of climate proposals introduced in Brussels Continue Reading
The global liquefied natural gas market has recovered from the 2020 pandemic shock to energy demand. As LNG consumption and spot prices surge this year, U.S. exports of LNG are Continue Reading
Despite a 65-percent jump in the cost of U.S. exports of liquefied natural gas to the biggest import market, Asia, American LNG shipments abroad have soared to record highs and Continue Reading
In just a few years, the image of natural gas markedly shifted from the bridge fuel of the energy transition to just another fossil fuel that emits an even more Continue Reading
China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said this week, as quoted by Continue Reading
U.S. exports of liquefied natural gas (LNG) are set to surge this year from the already record levels in 2020 as demand in Asia and Europe is high, even in Continue Reading
Brazil’s worst water crisis in almost a century is turning Latin America’s biggest economy into a hot spot for liquefied natural gas. As hydropower output declines, South America’s most populous Continue Reading
Despite the call from the International Energy Agency (IEA) that no new funding for fossil fuels is necessary if the world wants to get on the net-zero 2050 pathway, Asia Continue Reading
Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG prices around current levels of Continue Reading
Qatar’s recent announcement that it would build the world’s largest LNG production facility did not prompt any applause from other LNG producers. Now, the tiny Gulf nation is also cutting Continue Reading
The largest LNG vessel ever to load in the US departed Cheniere Energy’s Sabine Pass export terminal in Louisiana on April 29, a company spokeswoman said. Receive daily email alerts, Continue Reading
Asia’s LNG demand has been dampened by the worsening pandemic in India, that is expected to curb gas and power demand, with spot cargoes already impacted, and the declaration of Continue Reading
South Korea’s energy ministry said April 27 that the country’s LNG demand is expected to rise 15.1% through 2034 on the back of higher LNG demand for bunkering and hydrogen Continue Reading
The United States has a long-running love affair with natural gas, with fossil fuels acting as the lynchpin in the country’s power generation mix . At the same time, nearly Continue Reading
The maritime industry, under growing pressure to reduce shipping’s carbon emissions, is coming to a growing consensus that liquefied natural gas will provide an intermediate solution toward finding cleaner fuel Continue Reading
Cheniere Energy expects LNG demand to increase until 2040, though it may decline beyond that due to continued global action to reduce greenhouse gas emissions, presenting risks for existing US Continue Reading
Maintenance at a Cheniere Energy facility was set to drag natural gas deliveries to U.S. liquefied natural gas (LNG) export facilities on Thursday to the lowest level since the end Continue Reading
Liquefied natural gas deliveries expanded the most in a year as Asia and Europe refilled inventories drained over the winter, and as pandemic-ravaged economies slowly begin to reopen. Imports jumped Continue Reading
Oxy Low Carbon Ventures (OLCV) will offtake and transport carbon dioxide from NextDecade Corp.’s (NASDAQ: NEXT) Rio Grande LNG project in Brownsville, Texas, under a deal between the companies. In Continue Reading
Since the fall of 2020, the United States has significantly boosted its liquefied natural gas exports to the top LNG-importing region, Asia, to the point of setting record highs in Continue Reading
Soaring American exports of liquefied natural gas (LNG) could become a powerful tool of the Biden Administration to help other countries reduce their carbon footprint from more emission-intensive fossil fuels Continue Reading
Highlights Mismatch between available financing, quality projects Bankers encourage greater contract, distribution flexibility Houston — There is a mismatch between the amount of available financing and the number of quality Continue Reading
Global demand for liquefied natural gas will grow to 700 million tons annually by 2040 from 360 million tons last year, Shell said in its LNG Outlook 2021 . As Continue Reading
Russia’s government approved on Monday the country’s long-term development program for liquefied natural gas (LNG), expecting production capacity to rise threefold from current levels to 140 million tons per year Continue Reading
Last year was an unprecedented year for natural gas and liquefied-natural-gas (LNG) markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to Continue Reading
US LNG feegas demand hit a new record March 19 as total deliveries approach 12 Bcf/d, S&P Global Platts Analytics data show. Receive daily email alerts, subscriber notes & personalize Continue Reading
Feedgas deliveries to US liquefaction terminals set a new record March 17 of 11.65 Bcf/d as end-user prices in Northeast Asia rose for April, S&P Global Platts Analytics data showed. Continue Reading
Global natural gas demand is set to return to pre-crisis levels as early as this year and will continue to rise in the coming years, thanks to the coal-to-gas switch Continue Reading
China was the top destination for US LNG in January for the second month in a row, amid a historic run-up in Asian spot prices and despite ongoing constraints at Continue Reading
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after Continue Reading
Shell turned the lights back on at its Prelude offshore LNG facility just as Asia was being frozen by a cold spell that sent prices for liquefied natural gas sky-high. Continue Reading
A shortage of LNG tankers has also boosted charter rates to a record high. (Bloomberg) — North Asia’s liquefied natural gas benchmark rose above $30 per million British Thermal units Continue Reading
Kinder Morgan’s Elba Liquefaction is working on scheduling repairs to a unit at the 10-train facility in the US state of Georgia that has been offline since a fire eight Continue Reading
Making bold assertive statements is never a prudent strategy for any analyst, regardless of the topic to be examined. Risking the peril of not seeing the sudden twist behind the Continue Reading
Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings. Colder weather in key importing nations, outages at Continue Reading
A sharp rise in global prices for natural gas is proving a relief for companies seeking to export more of the fuel from the US, after a year of setbacks Continue Reading
US LNG feedgas demand surged Dec. 28 to near a record set two weeks earlier as spot prices for deliveries to Northeast Asia, the world’s biggest import market, rose to Continue Reading
During the summer of 2020 , monthly exports of liquefied natural gas (LNG) from the United States were the lowest in 26 months but have since increased, and in November, Continue Reading
Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream—the global shipping industry. Driven Continue Reading
US LNG feedgas demand hit a new record near 11.6 Bcf/d as Asian import prices continued to soar, S&P Global Platts Analytics data show. Receive daily email alerts, subscriber notes Continue Reading
When the European Union tied its pandemic relief plan to renewable energy generation and emissions reduction targets, analysts sounded an alarm for LNG as the production of the superchilled fuel Continue Reading
The U.S. Department of Energy has extended the export terms for seven LNG license until 2050 for projects currently under construction or pending the start of construction. The extensions include Continue Reading
Basis prices at South Texas natural gas hubs are at significant premiums to year-ago levels this month as strong exports and lower production tighten the supply-demand balance in the Lone Continue Reading
Russia’s Novatek has completed its first trial delivery of LNG shipped in ISO containers to Shanghai, China, it said Dec. 1, as it eyes the use of ISO containers for Continue Reading
Global LNG supply is expected to turn tight gradually in the next five years due to the delay of final investment decisions on many LNG projects, which would ultimately lift Continue Reading
US LNG feedgas demand has topped 10 Bcf/d for the first time as exports surge amid robust Asian end-user prices. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Seeking to blunt concerns about the damage natural gas does to the environment, some of the world’s largest shippers of the fuel are selling “carbon-neutral” cargoes that include a form Continue Reading
One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import LNG from the US. (Bloomberg) — One of France’s biggest energy companies has Continue Reading
Ensuring LNG buyers can be confident that carbon neutrality in LNG supply means the same across the industry, an independent body should be established to develop industry-specific methodologies, speakers at Continue Reading
Russia’s Novatek said last week it planned to triple current liquefied natural gas production rates to as much as 70 million tons annually by 2030. That’s despite the current glut Continue Reading
