Australia Ready To Ship LNG To Europe Amid Russia-Ukraine Crisis
One of the world’s top liquefied natural gas exporters, Australia, says it is ready to ship LNG cargoes to Europe to “support its friends and allies,” as the U.S. is Continue Reading
Explainer: Why U.S. natural gas prices spiked by a record 70% on Thursday
U.S. natural gas futures soared over 70% during the last half hour of trade on Thursday and closed up 46% in their highest daily percentage gains on record. The move Continue Reading
U.S. Admits Finding Non-Russian Gas For Europe Is A Challenge
The White House is dealing with logistical challenges in its efforts to secure alternative natural gas supply to Europe if Russian supply is interrupted in case Russia invades Ukraine, Press Continue Reading
Colder weather, LNG import push reset outlook for New England winter gas prices
Low temperatures in Boston dip to the single digits F Northeast res-comm demand outpaces 5-year average Boston cash prices top $26, pulling balmo contract up The arrival of frigid weather Continue Reading
Panama Canal LNG transits fall 30% in December amid diversions to Atlantic: operator data
Highlights Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Continue Reading
U.S. Overtakes Qatar To Become The World’s Largest LNG Exporter
The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations , the Continue Reading
Boston Winter Draws Caribbean LNG Cargoes in Rare Price Play
A third Caribbean liquefied natural gas cargo is headed for Boston, where two other await colder weather before unloading in an unprecedented bet on price spikes this winter. GasLog Partners Continue Reading
German Gas Terminal Faces Headwinds as Major Investor Steps Back
A proposed liquefied natural gas terminal in Germany is at the risk of never being built, with several headwinds having already prompted one of three backers to write down its Continue Reading
US LNG Weekly: Gulf Coast FOB cargo values plunge amid European price dive
US Gulf Coast FOB daily export cargo values nosedived to below $30/MMBtu during the week of Dec. 22-29, right after rising to the highest level on record, as they continued Continue Reading
Gas Tankers Hauling U.S. Fuel Crowding Europe-Bound Sea Lanes
The number of U.S. natural gas cargoes heading for European ports jumped by one-third over the weekend as the continent shivers amid a deepening energy crisis. There were 20 tankers Continue Reading