Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...
Tags: nuclear reactors, LNG
Indonesia is expected to have as many as 55-60 of uncommitted LNG cargoes next year from the Tangguh and Bontang LNG plants, the head of upstream regulator SKK Migas' communications department, Elan Biantoro, said Monday. The available ...
Tags: LNG cargoes, Badak LNG
The premium on LNG cargoes delivered into the Asia Pacific market compared with Southwest Europe is down 63 cents/MMBtu, or roughly 19%, since early January on steady demand in the Atlantic Basin from South American buyers. Recent buy ...
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Kuwait will increase its oil production capacity to about 3.6 million b/d by 2022, according to a study by the emirate's Diplomatic Center for Strategic Studies (DCSS). The official KUNA news agency reported Wednesday that the study said ...
Tags: Oil, Metallurgy, Mineral, Energy
India's state-owned gas utility GAIL expects to import 34 spot LNG cargoes in fiscal year 2013-14 (April-March), more than double the 16 spot cargoes it imported in the previous year, to meet demand for the Dabhol LNG terminal and make up ...
Tags: Metallurgy, Mineral, Energy, gas
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
Spain imported 32.9 TWh of natural gas in March, down 5.1% from a year earlier, amid a dearth of LNG shipments from Egypt and Peru, data published late Tuesday by gas grid operator Enagas showed. The country imported no LNG from Egypt or ...
Asia will become the second-largest global natural gas market after North America by 2015 with annual demand rising to 790 billion cubic meters, the International Energy Agency said in a report released Tuesday. "Asia is already home to ...
Tags: natural gas market, Chemicals, Metallurgy
The Asian LNG spot price is expected to peak at an average of $16.90/MMBtu in 2013, with the LNG market expected to tighten further and freight rates to remain high, Goldman Sachs said in a report released late Monday. "The Japan ...
Tags: LNG spot price, LNG market, Asia
Despite record low temperatures in China, the country's gas companies say they expect to be able to cope with increased winter gas demand in the coming weeks. Sinopec said Tuesday on its website that it had been implementing several ...
Tags: gas companies, gas, gas demand, PetroChina
LNG re-exports from Europe to South America in the year to date rose to 34.5 billion cubic feet of gas equivalent of LNG from 7.7 Bcf in 2011, data published by Bentek Energy showed Wednesday, as market players worked the arbitrage between ...