Double blow to Europe’s gas supplies sparks price surge
Europe’s gas supplies suffered a double blow on Tuesday after a major US liquefied natural gas export terminal said it would be offline for at least three months and Russia Continue Reading
Europe Imports Record LNG Volumes
Europe is importing record levels of liquefied natural gas (LNG) this year as it looks to reduce dependence on Russian pipeline gas and fill gas storage ahead of next winter. Continue Reading
Liquefied Natural Gas Prices Will Steam Up Again
Demand for liquefied natural gas is rebounding in Asia, which was outbid for the fuel by European buyers earlier this year. An uneasy truce between Europe and Russia over the Continue Reading
LNG tanker charter rates hit record highs as demand soars
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to Continue Reading
May European LNG imports dip as capacity limits sink prices
Following a record month for physical LNG imports in April due to historic price spikes, monthly European receipts decreased in May as limitations in downstream transport pressured local hub prices, Continue Reading
Freeport LNG plant explosion puts added strain on global energy market – The Washington Post
An explosion at a major natural gas production facility in Texas could knock the plant off line for at least three weeks, company officials said Thursday, roiling global energy markets Continue Reading
Explosion hits Freeport LNG plant, U.S. natgas prices plunge
A explosion and fire on Wednesday hit the massive Freeport LNG liquefied natural gas plant on the Texas Gulf Coast, prompting an evacuation of nearby beaches and sending U.S. natural Continue Reading
The US Is Now Sending the Bulk of Its Export Gas to Europe
Ukraine in Talks to Purchase US LNG, Naftogaz CEO Says Europe has dethroned Asia as the biggest destination for US liquefied natural gas as the energy-starved region seeks to slash Continue Reading
Gas Industry Sees Flurry Of Megadeals As Prices Explode
Investors are suddenly recognizing the importance of energy security. Investors’ confidence in the US LNG sector has skyrocketed. Dealmaking in both upstream gas and utilities is increasing in 2022. Despite Continue Reading
LNG revolution: Germany’s plan to wean itself off Russian gas takes shape
A small orchard on the banks of the Elbe River in northern Germany, overgrown and circled by seagulls, holds the key to the country’s Russia-free energy future. The orchard, close Continue Reading