US exporting most LNG globally and cargoes to surge over next year as pipeline natural gas exports also rise
The United States has been exporting more liquefied natural gas than any other country and LNG shipments were expected to surge through the next 12 months while deliveries were also increasing of pipeline natural gas to both Mexico and Canada.
Italian major and LNG developer Eni issues World Energy Review and sees nations like Algeria boosting output
Italian energy major Eni, a global participant in LNG projects, said in its World Energy Review 2022 that natural gas prices were up in all markets, soaring 400 percent in Europe 300 percent in Asia and 90 percent in the US, including a marked uptick in the second half.
Attack on LNG and oil and gas-producing Abu Dhabi leads UK security firm to issue ‘severe’ shipping warning
An attack on the LNG and oil and gas-producing United Arab Emirates has led a UK-based shipping security firm to raise a commercial shipping warning in the region to “substantial” and for Saudi Arabian and UAE-flagged ships to “severe”.
North Asian LNG cargoes flow even as prices retreat from seasonal highs and European values soften
North Asian LNG spot prices came off recent seasonal highs to drop into the $12.00 per million British thermal units zone as European values also eased and an economic recovery was awaited to match all the talk amid mixed signals from the oil market.
