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Wednesday, 16 October 2024
Australia’s September, 2024 shipments totalled 78.5 mill tonnes per annum on an annualised basis, compared to 81.1 mill tonnes for the same period in 2023, and 80.7 mill tonnes for August, 2024. September, 2024 shipments represented 88.6% of nameplate capacity, Australian energy consultancy, Energyquest said.
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Tuesday, 15 October 2024
Weaker arbitrage opportunities for LNG emerged recently, due to a narrowed price spread between the Asian and European markets, prompting some cargoes originally destined for Asia to be diverted towards Europe. Platts, part of S&P Global Commodity Insights, assessed the DES Northwest European marker for November at $12.851 per MMBtu…
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Tuesday, 15 October 2024
According to customs statistics, the volume of gas imported by China last month was 11.99 mill tonnes, a rise of 1.9%, compared to August. Oil imports decreased by 7.3% to 45.48 mill tonnes.
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Tuesday, 15 October 2024
Italian energy group, Edison said yesterday that US gas exporter, Venture Global LNG had informed it not to expect any contract cargoes from its Louisiana export facility until April, 2025. Edison is among companies, including Shell, bp and Repsol, that have filed contract arbitration cases against Venture Global for its…
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Tuesday, 15 October 2024
Free ReadFour LNGCs loaded with Russian Arctic LNG 2 cargoes were still at sea, according to data from ship-tracking agency, Kpler reported yesterday. The agency said that the LNGCs were sailing without signalling a destination. According to Kpler, the four LNGCs constituted 40% of the so-called ‘dark fleet’ of 10 Russian…
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Monday, 14 October 2024
Asian spot LNG prices fell slightly last week, as demand remained muted amid ample supplies. The average LNG price for November delivery into northeast Asia was at $13 per MMBtu, down from $13.10 per MMBtu in the previous week. December’s delivery price was estimated at $13.30 per MMBtu.
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Monday, 14 October 2024
Indian State-owned Oil and Natural Gas Corp (ONGC) is exploring the development of small- scale LNG plants. This move is to facilitate the processing of natural gas from wells located in areas without pipeline connectivity. ONGC has identified five potential sites in Andhra Pradesh, Jharkhand, and Gujarat. These plants will…
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Monday, 14 October 2024
The deadline for public comments on the US Federal Energy Regulatory Commission's (FERC) Supplemental Environmental Impact Statements (EIS) for Rio Grande LNG and the associated Rio Bravo Pipeline, and Brownsville’s Texas LNG closes tomorrow (15th October). FERC is gathering input from the public and relevant regulatory agencies on environmental justice…
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Monday, 14 October 2024
Italian energy giant, Eni has received substantial interest for its next FLNG project in Mozambique - Coral North. Luca Vignati, Eni’s upstream business Director, said in an interview with Bloomberg that the plant would cost about the same as its $7 bill Coral South project, inaugurated in 2022.
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Monday, 14 October 2024
Free ReadGerman energy company Uniper has postponed its target to invest €8 billion in the green energy transformation by 2030, citing a lack of demand for green hydrogen, CEO Michael Lewis told business daily FAZ. “As things stand, there are hardly any major customers who buy green hydrogen,” he said, noting…
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