Sellers at the 8th Asia LNG summit in Beijing Wednesday said there is a growing shortfall of LNG globally, as buyers wait on the sidelines, preferring to sign LNG term contracts linked to other indexation points rather than traditional ...
Tags: Potential LNG, gas
The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...
Tags: LNG importers, gas, natural gas
Prompt prices on the UK's NBP gas trading hub fell Friday morning as the system saw a large supply surplus and warm, sunny weather expected for the weekend should further cut heating demand. "The system was the longest I've seen it," one ...
Tags: gas storage, Oversupply
Spot prices eased Thursday morning on the UK's NBP gas trading hub as demand was forecast at the lowest level so far this year. Same- and next-day contracts at midday BST were each valued at 64.70 pence/therm, down by 1.30 and 0.40 p/th ...
Tags: Gas, Spot prices
Warm weather saw soft demand across the UK on Tuesday but prices remained firm on the NBP wholesale gas trading hub on strong storage injections and with Norwegian field maintenance extended. At midday in London, gas for same-day delivery ...
Tags: UK GAS, Field Maintenance
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
Prompt prices gained value Thursday morning on the UK's NBP gas trading hub as demand rose, storage facilities were heavily utilized and temperature forecasts were revised lower. At 1200 London time, same- and next-day contracts were ...
Tags: gas trading hub, UK, natural gas
Prompt prices eased Tuesday morning on the UK's NBP gas trading hub as an uptick in demand was met by stronger imports. At 1200 GMT, the within-day gas contract was valued at 67.15 pence/therm, down by 0.70 p/th from Monday's close, and ...
Tags: UK Gas, Prompt Falls, NBP prices
The national system was well supplied Thursday morning with reduced reliance on storage withdrawals but prompt prices on the UK's NBP gas trading hub rose as colder temperatures are expected for Friday and to push into February. At ...
Prompt prices on the UK's NBP gas trading hub rose Wednesday morning as demand exceeded expectations and the market sought to maintain a premium to Continental prices in order to secure supply, a market source said. At 1200 GMT, the ...
Tags: NBP gas, UK, gas market
Prompt gas prices on the UK's NBP gas trading hub Wednesday hit the highest levels since December 7 as temperature forecasts were revised lower and domestic storage stocks were heavily called upon to meet demand, sources said. The ...
Tags: gas price, gas trading, UK
Prompt prices hit near month highs Wednesday on the UK's NBP gas trading hub with forecasts of colder temperatures the key driver, market sources said. The within-day contract was valued at 67.60 pence/therm at 1200 GMT, up 3.30 p/th from ...
Tags: GAS, gas contract, gas price