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The UK Gas Market Was Short of Supply as The Country Stepped up Exports to The Continent

May 30, 2014

The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...

Tags: gas market, pipeline

UK NBP Wholesale Gas Prices Eased Thursday Morning

Apr 14, 2014

UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...

Tags: gas network, LNG tankers, LNG

Global Ports Expect to See LNG Account for 13% of The Bunker Fuel Market Supply

Apr 9, 2014

Global ports expect to see LNG account for 13% of the bunker fuel market supply come 2020 and 24% by 2025, according to a Lloyd's Register report Monday. Lloyd's global marketing manager Luis Benito shared the observations at a media ...

Tags: LNG, Bunker Fuel Supply

The Net Volume of Gas Imported Into The UK Outstripped Domestic Production in 2013

Mar 4, 2014

The net volume of gas imported into the UK outstripped domestic production in 2013 for the first time ever, the Department of Energy and Climate Change said Thursday. "Imports of gas again exceeded UK production, and in 2013 for the first ...

Tags: Gas Imports, Domestic Output

The Chinese Government Plans to Raise The Proportion of Natural Gas in The Energy Mix

Dec 7, 2013

China's hunger for natural gas has pushed its shipbuilding and energy industries to build more liquefied natural gas carriers and import terminals, to give the nation an edge over other countries. "China will need more than 35 LNG ...

Tags: Energy Industries, LNG

LNG Exports Could Have Some Impact on The US Natural Gas Price

Nov 20, 2013

Increased liquefied natural gas (LNG) exports could have some impact on the US natural gas price, but it may not be as high as the chemical industry fears, the chief economist for the American Petroleum Institute said in Houston Wednesday. ...

Tags: Natural Gas, LNG Exports

Japan's Inpex Signed Tuesday Shipbuilding and Shipping Contracts for Two New LNG Tankers

Jun 7, 2013

Japan's Inpex signed Tuesday shipbuilding and shipping contracts for two new LNG tankers, which will deliver cargoes to its new Naoetsu import terminal as well as to Taiwan's CPC from the Ichthys project in northern Australia, a company ...

Tags: Inpex, Tanker Charter Deal, Chemicals

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