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Asian spot LNG prices fell to a three-month low last week. This was due to persistently low demand in Asia and European buyers continuing to take Atlantic basin cargoes.
Free ReadPetrobras is currently in talks with US LNG suppliers to tie up a long-term import deal. "We continue to import on the spot market, but we are going to the long-term market," Petrobras' Director of Energy Transition and Sustainability, Mauricio Tolmasquim, told Reuters in an interview at last week’s CERAWeek…
Free ReadThe Trump administration is working on ways to ease sanctions against Russia, if the war in Ukraine comes to an end. Greater LNG exports from Vysotsk, Portovaya and the first two 6.6 mtpa trains of Arctic LNG 2 facilities are seen as ‘options’ for the United States to offer a sanctions…
Financial, not physical trade is amplifying price swings at the Dutch TTF as Russian gas exports to Europe are unlikely to return. Hedge funds had to cut their positions after higher price volatility increased their value at risk (VaR), though analysts reckon there are many CTA buying levels starting in…
Iraq is looking to buy LNG cargoes for the first time, as it faces uncertainty over Iranian gas supplies, which could result in electricity shortages.
Free ReadArgentina has not requested another FSRU from Excelerate Energy for next winter, a company executive confirmed. The South American country plans lower LNG imports this year. Derek Wong, Excelerate's Vice President of Government Relations, told Reuters on the sidelines of the Houston CERAWeek conference that the FSRU that the company has…
Friday, 14 March 2025
The US has provided almost $5 bill in funding for TotalEnergies’ Mozambique LNG project in Mozambique, the UK’s Financial Times reported yesterday.
Oil and gas terminal operator, Royal Vopak will reconfirm its priorities to improve financial and sustainability performance of its portfolio, grow its industrial and gas terminals business and accelerate towards energy transition infrastructure.
Free ReadHouston-based Mexico Pacific is believed to be in negotiations to increase the price of LNG from its planned $15 bill Saguaro Energía export plant in Sonora state, Mexico with buyers. According to Reuters, the company is in talks with Chinese buyers Zhejiang Energy and Guangzhou Gas to charge higher liquefaction…
Diversified shipowner with LNGC interests, Asyad Shipping Co, has listed on the Muscat Stock Exchange (MSX), following the completion of an IPO.