In this issue
Monday, 03 June 2024
The European Union is preparing to launch further sanctions against Russia’s fossil fuel exports “this spring” – including LNG, which some analysts say sweep over $1 billion per month into the…
Monday, 03 June 2024
Shipments of LNG to China jumped 31.5 percent year-on-year to 6.22 million tons in April as the economy gathers speed and annual LNG imports are on course to reach around…
Monday, 03 June 2024
Free ReadChina National Offshore Oil Corp., the Chinese energy major and with LNG interests, has started production at its largest natural gas field in the central Bohai Sea offshore China. CNOCC…
Monday, 03 June 2024
CNOOC and Sinopec have won the majority of licenses in Iraq’s latest licencing round – ahead of the Iraqi-Kurdish firm KAR while Western majors abstained. Iraq wants to boost domestic…
Monday, 03 June 2024
Decarbonisation is progressing fast in China, with renewables set to quintuple by 2050 while efficiency improvements could make the country’s electricity use peak by 2030 and fall by 20 percent…
Monday, 03 June 2024
Free ReadChina National Offshore Oil Corp. (CNOOC) has signed an exploration and production agreement with the southeast African nation of Mozambique near where CNPC holds LNG project stakes. Much of the…
Monday, 03 June 2024
There were 2.44mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 30 May.
Monday, 03 June 2024
LNG Demand: China’s monthly LNG offtake in May amounted to 6.54mmt, our data showed at the time of writing, which constituted broadly steady monthly demand compared to the 6.58mmt we recorded…
Friday, 05 April 2024
Tendering activities of Asian LNG buyers have slowed in March after the Japan-Korea-Marker rose above $9/MMBtu tracking TTF prices up from below $8/MMBtu. Still, buyers tendered for 108 cargoes –…
Friday, 05 April 2024
Free ReadRussia’s Sakhalin Energy Investment Company has approached Chinese gas buyers and affiliate power producers with an offer to ship 12 LNG cargoes per year over a term period of up…
Friday, 05 April 2024
Saudi Aramco is understood to be in talks with Sempra about taking a stake in Port Arthur LNG Phase-2, while looking at opportunities in China where CEO Amin Nasser sees…
Friday, 05 April 2024
China’s state-owned CNOOC has increased its production target by 8 percent to up to 720 million barrels of oil equivalent, following a massive find in the South China Sea. Situated…
Friday, 05 April 2024
Global LNG markets will stay tight until 2026/27, when new US liquefaction capacity comes onstream and Qatar begins production at North Field West with a view to expanding the world’s…
Friday, 05 April 2024
Free ReadLower gas prices have pushed up gas use in the US power sector to an all-time high while China and India spur a demand rebound in Asia – though growth…
News Nudges
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Korean gov’ mulls investment in US LNG The South Korean government is reviewing a project to build an LNG export terminal in Louisiana. Consultants Samil and Kim & Chang were reportedly assessing the project's feasibility. If the project's feasibility is confirmed, it will be finalised through talks with the US and then proceed to final approval by President Trump. The South Korean Government will cover part of the project cost using a South Korea to US investment fund. The US was said to have requested investment from South Korea from the outset. |
