Gazprom Neft Switches To Yuan Payments In China
Gazprom Neft, the oil arm of Russian gas giant Gazprom, is starting to settle payments for the jet fuel it supplies in China in yuan, instead of in U.S. dollars, Continue Reading
US LPG cargo loadings for Asia unaffected by Hurricane Ida: traders
Aug LPG loadings for Asia seen holding at 3.7 mil mt Sep US LPG loadings seen around 4 mil mt Propane premium to butane narrows to $1/mt LPG cargo loadings Continue Reading
No LNG Tankers Are Loading at U.S. Export Terminals Amid Freeze
Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export terminals for the first time since global demand for the superchilled Continue Reading
Asian LNG demand spike not indicator of ‘major’ global demand rebound in 2021: IEA
The spike in Asian LNG demand in January on the back of freezing regional temperatures is not an indicator a “major” global demand rebound for the remainder of 2021, a Continue Reading
Asian storage demand in spotlight as traders fear flood of LNG in summer
Highlights JKM drop triggers fear of abundant spring LNG deliveries to Europe Asian storage demand expected to cushion as stock fell below 3-year average But summer arbitrage opportunities to Europe Continue Reading
Three US LNG facilities see lower utilization as historic Asian price surge continues
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
Panama Canal wait times rise for Asia-bound LNG cargoes without reservations
Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without reservations are up to 13 days, the Panama Canal Authority has reported. Receive daily Continue Reading
U.S. LNG Exports Surge
1. China’s oil import surge ended – China’s imports of crude oil are set to jump 10% this year, but the import surge occurred during the downturn earlier this year Continue Reading
An Under-The-Radar Opportunity In LNG
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
U.S. LNG Exports Hit Record High In November
Exports of liquefied natural gas (LNG) out of the United States hit an all-time high in November due to recovering global gas demand and prices and unplanned outages at LNG Continue Reading