Free ReadShell Chief Executive Ben van Beurden said there was no swift solution to Europe’s current energy crisis and the region would face significant challenges in meeting demand for several winters to come. “I do not think this crisis is going to be limited to just one winter,” Ben van Beurden…
LNG importer Poland has seen the inauguration of a new natural gas pipeline interconnector between Poland and Slovakia as European Union funding is helping to create a Polish gas hub supplying central and northeast EU countries.
BW Offshore is making progress on the Barossa natural gas floating production, storage and offloading (FPSO) project for the Timor Sea as part of plans to prolong the lifespan of the Australian Darwin LNG export plant.
The US Department of Energy published its latest LNG monthly export data with European nations and Argentina leading the destinations list with Spain surpassing China in cargo numbers and France overtaking the UK, while Sempra’s Cameron LNG plant in Louisiana shipped the most expensive cargoes for a third month.
Indian imports of liquefied natural gas dropped by 2.7 percent in July, the 11th straight monthly decline, as LNG prices have increased in the spot market and continue to curb purchases in Asia.
Chinese liquefied natural gas imports in July 2022 to its network of 22 regasification terminals declined significantly on a year-on-year basis amid an economic slowdown while shipments from Russia have edged higher since the Ukraine invasion.
Free ReadJapanese liquefied natural gas imports declined last month by 0.4 percent after three successive increases and year-on-year costs more than doubled as volumes increased from Asia and Australia. Shipments of LNG to Japan’s network of 37 terminals amounted to 6.16 million tonnes in July 2022, or 92 cargoes, compared with…
High global LNG prices and limited supplies threaten to derail India's regasification capacity plans, an analysis by S&P Global Commodity Insights showed.
Free ReadInvestments in new LNG infrastructure are set to surge, reaching $42 bill annually in 2024, according to a report from Rystad Energy. These greenfield investments are 200 times the amount in 2020 when just $2 bill was invested in LNG developments, due to the pandemic. However, project approvals after 2024…
TotalEnergies’ presence across the entire LNG value chain, from production and liquefaction, trading, shipping, to regasification, has resulted in the French energy giant being ranked as the world’s second largest LNG player, according to GlobalData..