Malaysian energy company Petronas expands fleet by three newbuilds to handle volumes from LNG Canada
Malaysian state energy company Petronas said the company was expanding its LNG fleet by three vessels to handle cargoes from the LNG Canada export project in British Colombia where Petronas is a shareholder.
European LNG and pipeline prices fall for mid-Summer as storage builds and cargo deliveries slow down
European LNG and wholesale natural gas day-head andfutures prices declined over the past week as mid-Summer arrived and storage began to swing towards peak levels while cargo deliveries slowed to Chinese and European regasification terminals.
Asian LNG cargo prices move higher as European gas values drop and oil surges amid rise in Iran-Israel tensions
Asian liquefied natural gas cargo prices moved higher in the past week while European Union natural gas values declined, opening trading opportunities while crude oil prices jumped to seven-month highs and Middle East geopolitical tensions increased.
European LNG prices tumble as Asian and US natural gas values also fall on high storage and mild winter
European prices for LNG tumbled in the past week and Asian cargo prices fell as the winter season wound down with mild weather and a global gas glut that also sent the US Henry Hub spot and futures prices crashing to under $1.60 per million British thermal units.
European and Asian LNG prices rebound amid storage draws, a drop in cargo liftings and renewed policy concerns
European and Asian liquefied natural gas prices rebounded from near three-year lows as European storage levels began to fall for key nations and liftings of LNG cargoes hit a winter season low amid renewed concern about adverse government interference in energy markets.
Chinese LNG trading, supply and city-gas company Beijing Gas Blue Sky gives prices and market outlook
Beijing Gas Blue Sky Holdings, a Chinese natural gas provider and operator focusing on the midstream and downstream, has presented an overview of the current LNG market and prices in China and the effects of Russia’s Ukraine invasion and that of the Covid-19 pandemic, which affected the Chinese for longer.
European and Asian LNG prices drop as supply optimism outweighs concerns over market disruptions
European and Asian liquefied natural gas prices dropped again after last week’s brief rebound as storage level optimism prevailed despite lower temperatures and with fewer LNG cargoes pointing at the European Union.
European LNG prices defy mild weather, high storage and steady supplies to edge higher with Asian prices
European liquefied natural gas prices rebounded for the week after four straight weeks of declines with the wholesale market price defying milder weather conditions, high storage and the most optimum spell this winter for the use of wind power while North Asian spot cargo prices also edged higher.
Japan’s energy security agency Jogmec issues results of surveys on LNG handling and destination restrictions
The Japan Organization for Metals and Energy Security (Jogmec), a Japanese government agency, has released the results of two annual surveys on the volumes of LNG handled by Japanese companies and the current status of the destination restrictions in LNG sales and purchase agreements.
European and Asian LNG prices edge higher amid security concerns, mild weather and high storage
European and Asian wholesale natural gas and LNG prices edged higher on the week, propelled by security concerns and conflict in the East Mediterranean even as Northwest Europe’s weather was mild for the time of year and gas storage was still at record levels.
