Japanese LNG imports down by 11%
Japan’s LNG imports continued to decline in February as prices fell for the first time in 15 months.
View ArticleThailand’s PTTEP eyes more M&A deals
The Thai NOC recently announced a deal to acquire Murphy Oil's Malaysian assets and looks set to make further purchases, mainly in Asia.
View ArticleCoal-to-gas switching helps mitigate rise in CO2 emissions
A switch from coal to gas in power generation helped offset the growth in global CO2 emissions in 2018.
View ArticleAsian spot LNG prices drop by 12.7%
The average price of spot cargoes across the region’s largest markets fell to its lowest level in nearly three years last week
View ArticleThree weeks of no trading on SHPGX in March
Last week was the third week this month without any pipeline gas or LNG sales on the Shanghai Petroleum and Gas Exchange.
View ArticleLNG sales pick up in Rudong and Qingdao as Tianjin declines
PetroChina’s Rudong facility was ranked in the top three for trucked LNG sales among China’s terminals last week for the first time since September 2018.
View ArticleNextDecade signs first US LNG contract linked to Brent
The company’s Brent-indexed supply deal with Shell underlines how project developers are adjusting to buyer demand for greater flexibility on terms such as pricing points.
View ArticleNorth African pipeline gas exports hit new low
Weak demand and low-cost alternatives saw the decline in pipeline gas exports from North Africa to Europe continue last week.
View ArticleChina’s wind capacity to drive global growth this year
After substantial growth in its installed wind capacity in 2018, China is anticipated to see further significant expansion this year despite government efforts to ease its subsidy burden.
View ArticleGlobal LNG market expands by 8% in 2018 – GIIGNL
The global trade in LNG grew by more than 8% in 2018, the third-largest annual increase seen this decade.
View ArticleGas set for tentative comeback in Germany
The country’s plans to phase out coal-fired power are set to benefit gas, as carbon prices have given the most-efficient gas plants higher profit margins.
View ArticleChina’s piped imports to surpass LNG shipments in long run
CNOOC has forecast China’s demand for LNG imports will drop as new pipelines come onstream.
View ArticleSri Lanka outlines legislation boost for gas
Sri Lanka has revealed its draft gas and LNG policy, but it may not be enough to attract the necessary investment in infrastructure.
View ArticleGerman transit tariffs threaten storage site
Germany’s plan to increase tariffs at its cross-border interconnection points risks disrupting gas trading in Central Europe and stranding the Haidach storage facility.
View ArticleDamietta restart faces further delays
The resumption of LNG exports from Egypt’s 5.5 mtpa Damietta plant remains subject to settlement deals between Cairo and Union Fenosa Gas.
View ArticleAussie election favourites home in on climate
Emission-reduction policies look set to be a defining factor in Australia’s upcoming election as the country’s two major parties prepare to battle it out.
View ArticleNigeria LNG expects Train 7 FID later this year
The long-delayed expansion to Nigeria’s Bonny Island LNG plant is under pressure to reach financial close this year, but talks on subcontractor costs could delay it further.
View ArticleNew discovery could disrupt Pakistan’s LNG plans
The discovery of a large oil and gas field offshore Pakistan could reduce the country’s LNG demand over the medium-to-long term.
View ArticleCoal under pressure as EU carbon reforms bite
EU climate policies are beginning to squeeze out coal in Europe’s power mix but have yet to benefit gas-to-power on a large scale.
View ArticleRenewables make gains in global power
Global renewables-based electricity generation increased by 7% year on year in 2018, outpacing the annual average for recent years.
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