Asia’s spot LNG prices have exceeded a key psychological threshold. Rallying LNG prices have seen a massive 870% surge since their lowest levels this year. As tight markets push prices Continue Reading
Some of the world’s biggest importers of liquefied natural gas (LNG) are reducing orders in the face of a 500% price surge within a year, raising concerns among major producers Continue Reading
Europe’s gas crisis is crushing businesses and weighing on the region’s entire economy. U.S. LNG producers are looking to capitalize on soaring global natural gas prices According to one energy Continue Reading
Crumpets Could Become Victim of U.K. Energy Crisis If there’s any country that might’ve been in a position to rescue Europe from its energy crisis, it’s the U.S. — home Continue Reading
Seizing on higher US natural gas prices expected this winter, a group of industrial manufacturers is making a pitch for the Department of Energy to limit LNG exports and put Continue Reading
A manufacturers trade group on Friday urged the Department of Energy to order U.S. liquefied natural gas (LNG) producers to reduce exports, warning of price increases and supply shortages this Continue Reading
Liquefied natural gas shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually cancel out planet-warming emissions generated Continue Reading
Surging liquefied natural gas (LNG) prices are prompting utilities across Asia and the Middle East to burn more high-sulphur fuel oil (HSFO) than usual to meet increased power demand during Continue Reading
Liquefied natural gas (LNG) buyers with long-term contracts are asking their suppliers for extra volumes of the super-chilled fuel pegged to oil prices which are currently much lower than spot Continue Reading
Trucked LNG prices in southern China, including Guangdong and Fujian provinces, have surged to around Yuan 6,000/mt ($527.66/mt) in the last couple of weeks, a record high for the summer Continue Reading
Highlights Platts JKM already teasing $18/MMBtu Trading reflects concerns about steep price trajectory Gas inventories in North Asia, Europe closely watched Asia’s LNG importers expect high spot prices this winter Continue Reading
Europe is facing a potentially tough winter with natural gas supply nowhere near enough to meet heightened seasonal demand, Bloomberg has reported, citing storage data and industry insiders. LNG deliveries Continue Reading
Hurdles to pipeline constructing rising Could add 33 Bcf/d of gas capacity over 2020-25 LNG is the fossil fuel poised to have the biggest earnings advantage as the North American Continue Reading
Highlights Shipments to liquid markets down by a third on month, year UK imports just one cargo in July, Russia using Artic route Reload patterns illustrate rocketing global demand A Continue Reading
Japan’s ambitious energy shift to renewables is threatening future demand for liquefied natural gas as the country is the world’s largest importer of the commodity, Bloomberg reports . Japan last Continue Reading
U.S. liquefied natural gas (LNG) exports accelerated in the first half of 2021, as colder weather drove LNG spot prices in Asia and Europe higher, the U.S Energy Information Administration Continue Reading
PGNiG (PGN.WA) has terminated a deal with U.S. firm Sempra Energy (SRE.N) for liquefied natural gas (LNG) supplies from the Texas Port Arthur project due to delays, Poland’s biggest gas Continue Reading
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
