Asian spot LNG prices rise by more than 4%
Prices ended last week at $5.15/MMBtu as buyers in the four big Asian markets prepared for the winter.
View ArticleNorth African pipeline exports to Italy rise
North African piped gas exports to Europe rose by 5% last week, driven by an increase in flows to Italy.
View ArticleJapanese utilities eye Aussie FLNG project
Osaka Gas has become the second Japanese utility to join Transborders’ FLNG project off Western Australia as Japanese buyers look for smaller, competitively priced volumes.
View ArticlePoland-Slovakia pipeline opens door for LNG in Central Europe
The construction of the interconnector would provide a route for regasified LNG to reach Central Europe’s landlocked states.
View ArticleChinese domestic LNG price drops
Surplus supplies meant the average price of China’s indigenous LNG fell to $8.86/MMBtu last week
View ArticleCME launches first physical delivery LNG contract
Most new futures contracts fail, but the CME Group’s proposed US LNG export futures contract may be an exception.
View ArticleCNOOC’s Tianjin terminal hits nine-month high
The Chinese LNG facility sent out more truckloads of LNG last week than it has in the past nine months.
View ArticleIraq ponders gas options amid US pressure
As regional tensions mount, Iraq faces a battle to protect its import agreement with Iran as domestic gas demand keeps rising.
View ArticleNigeria LNG closes in on Train 7 FID
Nigeria LNG has selected its preferred EPC contractors for its 7th train megaproject but still needs to secure funding for the project ahead of an October FID.
View ArticleBrazil LNG demand boosts prospects of terminals
LNG’s growing market share is likely to support the development of the country’s regasification projects.
View ArticleEU steps up efforts to revamp energy tax directive
An overhaul of the EU’s Energy Taxation Directive could bring benefits for gas and hydrogen in road and maritime transport, but getting member states to sign up for radical changes to the directive...
View ArticleSingapore’s PO&G expands presence in China
Pacific Oil & Gas is developing a new LNG terminal in western Guangdong that will give the company a second LNG import base in China.
View ArticleSaudi attacks will embed risk premium
Attacks on oil installations in Saudi Arabia have resulted in a surge in oil prices, which will have a knock-on effect on LNG.
View ArticleBrazil’s gas sector faces regulatory turmoil
Changes to Brazil’s regulatory framework have the potential to benefit the country’s gas sector in the medium-to-long term provided they are not reversed by future administrations.
View ArticleThe limits to China’s LNG growth
China’s gas market growth has eased and is expected to slow further, which will have implications for the speed at which the country can expand its LNG imports.
View ArticleBlack Sea tender annulment sets back Ukraine
The annulment of the Dolphin tender risks undermining investor confidence in the country rather than attracting ‘big’ foreign players
View ArticleInvictus looks for backer for Zimbabwe gas prospect
A gas prospect in northern Zimbabwe looks promising, but political and economic chaos in the country is discouraging interest.
View ArticleNetherlands ups imports from Russia and Norway in 2018
The Netherlands increased imports of piped gas from Russia and Norway as production fell at the Groningen field.
View ArticleMajor issues still unresolved in Russia-Ukraine transit talks
Despite some progress this week, a lot of work remains to be done if Russia and Ukraine are to agree on a new transit deal before the end of December.
View ArticleUS LNG may supply first Cypriot FSRU
Cyprus’s first FSRU opens a window of opportunity for US LNG to supply another market in Europe.
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