LNG

Asian LNG spot prices firmed slightly last week, tracking the European gas markets hike. Warm weather forecasts, strong inventories and weak economic data kept China muted,

Cyprus could become an LNG export hub, according to the Government. The country’s Energy Minister, George Papanastasiou said at the 12th Cyprus Energy Symposium, held in Nicosia last week, that the aim was for Cyprus to become an export hub, which will come from Eastern Mediterranean deposits.

In anticipation of potential increases spot LNG prices next year, buyers are looking at their purchasing strategies, as the global LNG market faces tight conditions amid concerns over supply vulnerabilities and increasing demand. Spot LNG prices will be vulnerable to supply shocks and unforeseen events, as the global LNG balance…

Free ReadGermany's economy ministry has instructed state-owned LNG terminal operator Deutsche Energy Terminal (DET) to reject Russian LNG cargoes, according to the UK’s Financial Times.. The FT quoted a letter dated 6th November sent by the ministry to DET that told the terminal operator "not to accept any deliveries of Russian…