Global trade in liquefied natural gas (LNG) in 2021 grew 6% year on year to 380 million tonnes as economies recovered from the economic impact of the COVID-19 pandemic, Shell Continue Reading
LNG trade rose 6% to 380 mil mt in 2021 China now world’s largest LNG importer US set to become world’s biggest exporter in 2022 Shell on Feb. 21 called Continue Reading
Due to high demand and fears that Russia might turn off its gas supply to Europe, the continent has been importing huge amounts of LNG. Now, Europe is fast running Continue Reading
If the natural gas flows from Russia via Ukraine were to stop in an escalation of the Russia-Ukraine crisis, LNG imports would be enough to replace the flows to Europe Continue Reading
Von der Leyen hits out at ‘strange’ Gazprom behavior Russia has ‘one-dimensional’ economy focused on fossil fuels Creates energy security partnership with US The European Commission has intensified its criticism Continue Reading
Panama Canal transit delays also a factor in cancellations Sources hopes arbitrage reopens as Asia prices recover, freight weakens Some expect cancellations to slow only after March loadings Up to Continue Reading
High natural gas prices globally, the historically low storage levels in Europe, and the growing gas demand in Asia could incentivize more long-term U.S. LNG contracts. The role of gas Continue Reading
Norway’s Hammerfest LNG plant faces a further delay to restarting production after a fire in 2020, operator Equinor (EQNR.OL) said on Monday, delivering a fresh blow to hopes of securing Continue Reading
High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply Continue Reading
Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan. 28, as more cargoes headed to Continue Reading
