In this issue

 

The European Union (EU) considers backing investments in overseas fossil fuel infrastructure and moving to long-term LNG contracts to cut high energy prices while US President Trump is pressing the EU…
Free ReadWholesale natural gas and propane prices in the US kept rising from late 2024 well into January and early February due to unseasonably cold weather. “Timing and magnitude of actual…
US President Trump trade and sanction policies could hurt LNG markets: “His opening salvo in a US-China trade war has been fired, with 10% tariffs on Chinese goods and retaliatory…
Energy industry executives in Germany and large parts of Europe have expressed hopes that policy changes under the new U.S. administration can improve competitiveness, provided governments are “pragmatic” in dealing…
Calcasieu Pass LNG facility in Louisiana is headed for a commercial start in mid-April, project developer Venture Global told market participants – amid ongoing disputes with long-term customers over spot…
Free ReadUS Secretary of Energy, Chris Wright has just awarded the first major LNG project to export permit to non-free trade agreement (FTA) countries since President Trump repealed the Biden/Harris administration’s…
• January-February exports amounted to 17.76mmt • Up by 0.64mmt (4pct) from November-December period • Shipments up by 1.31mmt (8pct) over period year-on-year • Avg. US LNG capacity utilisation at 102pct for the…
Monday, 03 March 2025
Period between 1 January 2025 and 28 February 2025, inclusively.
The new US administration is pushing for deregulation and American energy dominance on global markets by fast-tracking permitting for LNG terminals and related infrastructure. Such policies are poised to boost…
Free ReadThe US Department of Defense (DoD) has added Chinese shipping giants COSCO Shipping Corp, plus two of its subsidiaries, and China National Offshore Oil Corp’s (CNOOC) trading arm to the…
Friday, 17 January 2025
Well-below temperatures at the US east coast has propelled up demand for natural gas at the start of 2025 and impacted energy prices. At the same time, colder weather can…
Friday, 17 January 2025
As early as 2028, the United States will be home to 232 billion cubic meters per year (bcm/y) of LNG export capacity, up from 126 bcm/y today – far ahead…
Free ReadPrioritising LNG and small modular reactors to power South Korea’s semiconductor clusters and data centres is a “high-cost, high-risk, and high-carbon strategy,” IEEA analysts warn. This hold true especially if…
Growth in US LNG production is essential to balance global markets and provide emerging Asia with an alternative to coal, the region’s dominant fuel for power generation. Wood Mackenzie forecasts…

News Nudges

Canada to export Alberta oil via BC

Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030. Prime Minister Mark Carney said a proposed pipeline capable of carrying about 1 million barrels per day could begin construction in September 2027, as Ottawa and Alberta lined up support for the project. The route would run through southern British Columbia to the Pacific coast, giving Canadian crude a shorter path to Asian buyers and reducing reliance on the United States, officials said. The new pipeline, with 1 million barrels per day throughput, could turn Canada into a global oil exporter — in addition to LNG. British Columbia already has several LNG projects at different stages, including LNG Canada in Kitimat, Woodfibre LNG near Squamish and expansions tied to Tilbury LNG and related pipeline infrastructure. Together, the Alberta-to-BC pipeline plan and LNG acceleration signal a broader federal strategy to scale up Canada’s energy exports without depending solely on U.S. demand. Canada used to sell almost its entire surplus oil and gas production to its large southern neighbour.