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Lng
LNG
High LNG Prices Are Here to Stay
The global market for LNG has turned from a buyer’s market to a seller’s market.
Coal-Fired Power Plants
South Korea Eases Coal Restrictions to Curb LNG Demand
South Korea's state-owned Kepco will limit voluntary restrictions of coal-fired generation plants to weekends this year, in a bid to reduce gas-fired generation…
LNG
Europe to Emerge as Asia’s Competitor in the LNG Market: Analyst
Europe could emerge as Asia’s direct competitor in the liquefied natural gas (LNG) market as it looks to import from non-Russian LNG supply amidst the war in U…
Natural Gas
Germany's New Gas Storage Law - How Will It Work?
A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from…
Natural Gas
Natural Gas Demand to Slip in 2022 Amidst Russia-Ukraine Conflict: IEA
The downward forecast is equivalent to 50 billion cubic meters of LNG.
LNG
U.S. Natural Gas Prices Hit Highest Level in 14 Years
The benchmark U.S. natural gas price soared by more than 7% early on Monday.
LNG
Aussie LNG export revenue up 88% in Mar: EnergyQuest
Australian LNG export revenue in March was A$5.47bn ($4.03bn), up 88% year/year, energy consultant EnergyQuest said on April 18. The revenue was down 2.85% mont…
LNG
Japan's JERA Weighs Expanding LNG Business to China
Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to C…
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Natural Gas
China's Guangdong to Boost Natural Gas Consumption by 65.5% in 2021-2025
China's Guangdong province will boost gas consumption by 65.5% in the five years to 2025 on the back of industrial coal-to-gas switching and new natural gas-fir…
LNG
Germany Weighs Leasing Additional Floating LNG Terminal
Germany has signed contracts to lease three floating liquefied natural (LNG) gas terminals and is considering getting a fourth to more quickly reduce dependence…
LNG
Egypt to Maximise Gas Production and LNG Exports to Europe Following Deal with Eni
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe.
LNG
Hyundai Glovis Wins LNG Shipping Deal From Australia
Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …
LNG
Shell’s Prelude FLNG Resumes Operation
Shell has officially restarted LNG cargo operations at its Prelude FLNG facility offshore Western Australia after near four-month hiatus.
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
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